ROLE AND RESPONSIBILITIES
The Vendor Portfolio & Strategy Director within the OFSE Digital Vendor Management Office (VMO) is responsible to manage vendor partnerships and drive portfolio performance and cost efficiency across the digital organization.
This role designs and implements governance frameworks across the vendor lifecycle, ensuring policy compliance, mitigating risk, and enhancing vendor value. In close collaboration with sourcing s/he will execute long-term vendor strategies aligned with the digital priorities. Responsibilities include identifying opportunities for consolidation, innovation, and risk mitigation, while maintaining alignment with enterprise standards.

Key responsibilities:
Portfolio Strategy & Optimization
Develop and execute vendor portfolio strategies aligned with OFSE Digital goals
Maintain a comprehensive inventory of vendor engagements, software licenses, and contingent workforce allocations
Identify opportunities for consolidation, innovation, and cost savings.

Vendor Governance & Compliance




Define and enforce governance frameworks across the vendor lifecycle
• Ensure adherence to contractual obligations, SLAs, and regulatory requirements
Lead periodic vendor performance reviews and risk assessments.

Financial Management
• Monitor vendor spend and develop dashboards to track budget utilization.
Partner with Finance and Sourcing to identify cost-saving prospects
Support forecasting and planning activities across vendor categories.

Stakeholder Collaboration
Work cross-functionally with Sourcing, Legal, Procurement, and Compliance teams
Engage with Product Delivery Managers and Operation Managers to align vendor strategy with business needs
Support onboarding and performance management of contingent workers in collaboration with hiring managers.

Performance & Innovation Enablement
Implement vendor scorecards and KPIs to measure delivery, quality, and responsiveness
Drive innovation through strategic ve

📌 Ofse Digital Vmo Vendor Portfolio Balewadi
🏢 Baker Hughes
📍 Balewadi