R75700 Senior Manager, Vendor Management

Location - Hyderabad

Role Purpose / Summary

The Senior Manager, Vendor Management role is built on two key pillars: Vendor
Governance and Commercial Governance. It involves working closely with strategic
partners, driving vendor strategy, and ensuring effective commercial oversight,
including budget responsibility. The IT Vendor Manager is responsible for
overseeing the full lifecycle of vendor relationships across the IT
organization. This role ensures that vendors deliver maximum value through cost
optimization, contract performance, service quality, and strategic alignment
with business objectives. The individual collaborates closely with procurement,
finance, IT operations, and senior leadership to drive effective vendor
governance and risk management.

Key Accountabilities

Vendor Strategy & Governance

* Develop and implement the IT vendor management strategy to support business
and technology objectives.
* Establish governance frameworks, including performance scorecards, SLAs,
KPIs, and quarterly business reviews.




* Ensure vendors adhere to contractual terms, compliance requirements, and
operational standards.

Contract & Commercial Management

* Lead the negotiation, renewal, and optimization of IT contracts, focusing on
cost efficiency and value creation.
* Partner with procurement to manage RFPs, vendor selection, and competitive
bidding processes.
* Identify cost-saving opportunities through consolidation, renegotiation, and
benchmarking.

Performance & Relationship Management

* Serve as the primary point of contact for IT suppliers.
* Monitor service delivery, escalate issues, and drive remediation plans when
performance gaps arise.
* Build solid vendor relationships to improve collaboration, innovation, and
service quality.

Financial & Lifecycle Oversight

* Manage IT vendor budgets, cost tracking, forecasting, and spend reporting.
* Support license management, subscription tracking, and optimization of
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📌 Senior Manager, Vendor Managemement (Hyderabad)
🏢 Lonza
📍 Hyderabad