Opening For Vendor Development

Job Provider Baddi

Key Responsibilities:

Vendor Identification and Assessment:

Identify potential vendors through market research, referrals, and networking.

Evaluate vendor capabilities, capacities, and quality standards to ensure alignment with organizational requirements.

Conduct vendor audits and assessments to assess their manufacturing processes, quality control measures, and compliance with industry standards.

Vendor Selection and Negotiation:

Collaborate with procurement and engineering teams to develop vendor selection criteria based on cost, quality, delivery, and reliability.

Lead negotiations with vendors to establish favorable terms and conditions, including pricing, payment terms, and delivery schedules.

Draft and review contracts and agreements with selected vendors to formalize relationships and ensure clarity on expectations and responsibilities.

Vendor Relationship Management:

Cultivate and maintain strong relationships with vendors through regular communication, site visits, and performance reviews.

Address vendor concerns, resolve conflicts, and escalate issues as necessary to ensure smooth collaboration.

Collaborate with vendors to identify opportunities for continuous improvement in quality, cost-effectiveness, and efficiency.

Vendor Performance Monitoring:

Monitor vendor performance against established key performance indicators (KPIs), such as on-time delivery, quality metrics, and cost targets.

Conduct regular performance reviews with vendors to provide feedback, address deficiencies, and recognize achievements.

Implement corrective actions or alternative sourcing strategies when vendors fail to meet performance expectations.

Risk Management and Compliance:

Identify and mitigate potential risks associated with vendor relationships, including supply chain disruptions, quality issues, and regulatory compliance.

Ensure vendors adhere to contractual obligations, quality standards, and regulatory requirements, such as ISO certifications and industry-specific

Experience : 10 - 15 Years

No. of Openings : 1

Education : B.Tech/B.E, M.Tech

Role : Vendor Development Manager

Industry Type : Manufacturing / Production / Quality

Gender : Male

Job Country : India