The Vendor Development Executive is responsible for identifying, evaluating, developing, and managing vendors to ensure the organization receives quality materials and services at competitive prices while maintaining timely delivery and compliance with company standards.
Key Responsibilities
- Identify and develop new vendors based on business requirements.
- Evaluate supplier capabilities, quality systems, pricing, and production capacity.
- Conduct vendor audits and assessments.
- Negotiate pricing, payment terms, delivery schedules, and contracts.
- Maintain strong relationships with existing suppliers.
- Monitor vendor performance based on quality, cost, delivery, and service.
- Coordinate with Production, Quality, Engineering, and Stores departments to ensure uninterrupted material supply.
- Resolve supplier-related quality and delivery issues.
- Drive cost reduction and value engineering initiatives.
- Ensure suppliers comply with company policies, quality standards, and statutory requirements.
- Maintain vendor database, approvals, and performance records.
- Prepare procurement and vendor performance reports for management.
Pay: ₹25,000.00 - ₹40,000.00 per month
Benefits:
- Food provided
- Health insurance
- Provident Fund
Work Location: In person
