Lead - Vendor Management

Google Chrome Microsoft Edge Apple Safari Mozilla Firefox Lead - Vendor ManagementFull-time Compensation: USD 105000 - USD 130000 - yearlyCompany DescriptionOrganizations everywhere struggle under the crushing costs and complexities of “solutions” that promise to simplify their lives. To create a better experience for their customers and employees. To help them grow. Software is a choice that can make or break a business. Create better or worse experiences. Propel or throttle growth. Business software has become a blocker instead of ways to get work done.There’s another option. Freshworks. With a fresh vision for how the world works.Freshworks Inc. builds uncomplicated service software that delivers exceptional employee and customer experiences. Our people-first approach to AI eliminates friction, helping businesses reduce complexity, lower cost-to-serve, and deliver faster, more human support through enterprise-grade yet easy-to-use CX and IT solutions. Nearly 75,000 companies, including Bridgestone, New Balance, Nucor, S&P Global, and Sony Music, trust Freshworks to power their Employee Experience (EX) and Customer Experience (CX) operations.Fresh vision. Real impact. Come build it with us.Job DescriptionFreshworks is looking for a Lead - Vendor Management, to join and help transform the Procurement team. This person will be responsible for helping mature and develop a scalable vendor management process. The Vendor Management function supports supplier onboarding, contract routing and triaging of sourcing requests. Over time the role will expand into further operational improvements in the procurement process such as vendor compliance, company standards, vendor financial stability, risk assessments and contract management. This is an opportunity to help direct the future of the Freshworks vendor management program, collaborating cross functionally with Sourcing and other internal stakeholder partners.Current Responsibilities:Vendor Onboarding & ComplianceCoordinate the operational onboarding for new vendors, ensuring they follow company requirementsSupport internal stakeholders and suppliers on a smooth onboarding process.Contract Support & Value OptimizationManage the operations of contract routingAlignment in procurement for consistent contract managementProcurement IntakeProviding support for internal business stakeholder engagement with the procurement teamTriaging of sourcing requests so it routes through the proper process.Future ResponsibilitiesEnsure all active vendors maintain up-to-date documentation, including insurance certificates, NDAs, diversity certifications, and compliance records.Performance & Relationship ManagementMonitor Key Performance Indicators (KPIs) and Service Level Agreements (SLAs) tailored to different vendor tiers.Design and implement supplier scorecards to track delivery performance, quality, and cost competitiveness.Risk Assessment & MitigationPerform continuous risk assessments on the supplier base, identifying potential vulnerabilities (financial, geographical, operational, or geopolitical).Develop and maintain contingency plans (dual-sourcing strategies, safety stock targets) for critical suppliers to ensure business continuity.Keep internal stakeholders informed of supply market trends and external risks that could impact business operations.Track contract expiration dates and proactively initiate renewal or re-sourcing discussions with internal stakeholders.Qualifications5+ year’s experience in vendor management or procurementExperience in establishing work processes, quality, productivity standards and policies/procedures in procurement.Experience and understanding of the full P2P processes.Knowledge of procurement tools and processes.Ability to show strong communication and collaboration capabilities.Additional InformationWe're committed to building a workplace that reflects the diverse world we serve. At Freshworks, you'll find inclusive teams, flexible thinking,...