Location
Chennai, Tamil Nadu, India
Salary
Not specified
Type
fulltime
Posted
Today
Job Description
About enGen Global
enGen Global
is at the forefront of healthcare's Global Capability Centers (GCC) in India, dedicated to creating powerful and innovative solutions that have a transformative impact on lives. The company's cutting-edge solutions empower healthcare partners to manage their operations through comprehensive, proven platforms, enabling them to focus on their core strengths – delivering positive experiences to healthcare consumers and ensuring excellence in service and care. enGen Global’s wide-ranging solutions encompass IT Health Plan and IT Health Consumer Solutions, Application and Platform Management, Enterprise Solutions and Transformations, Development, Testing, Diversified Business Solutions, and Business Process Services. Operating within India's thriving landscape of emerging GCCs, enGen Global boasts a robust partner ecosystem, incorporating best-in-class engineering processes, tools, solution accelerators, talent, research, and co-innovation capabilities.
We believe our people are our greatest asset. The diverse perspectives that our talent bring to our global workforce are foundational to our success. enGen Global is proud to be an equal opportunity employer, committed to fostering a culture of integrity, diversity, and inclusion. We do not discriminate based on any protected characteristic.
Job Description:
- Manage strategic vendor relationships and serve as the primary point of contact for escalated issues
- Conduct regular performance reviews and proactively address performance gaps
- Develop and implement strategies to improve vendor performance and collaboration
- Lead vendor negotiations and contract renewals to secure favorable terms and pricing
- Lead a regular cadence of meetings between internal business owners and vendors Financial Analysis Cost Management
- Conduct in-depth financial analysis of vendor proposals, contracts and performance
- Perform cost/spend analysis ROI calculations and TCO Total Cost of Ownership assessments
- Collaborate with Finance to review vendor budgets track spend against budget and reconcile discrepancies
- Identify and implement cost savings initiatives through negotiation process improvements and alternative sourcing strategies Executive Communication
- Prepare and deliver executive-level presentations and reports on vendor performance financial analysis and strategic initiatives
- Communicate effectively with senior leadership providing clear and concise updates on vendor-related activities
- Develop and maintain strong relationships with key stakeholders across the organization Complex Vendor Analysis Reporting
- Develop complex vendor analysis reports for senior leadership including financial analysis performance contract and risk management Contract Management
- Oversee the contract lifecycle for assigned vendors from initial drafting and negotiation to execution and renewal
- Ensure that all contracts comply with enGen Global’s legal and regulatory requirements
- Manage contract amendments and modifications as needed
- Maintain a centralized repository of vendor contracts and related documentation Risk Management
- Identify and assess potential risks associated with vendor relationships o Develop and implement risk mitigation strategies
- Monitor vendor compliance with security privacy and regulatory requirements
- Proactively monitor risk and address performance and risk issues with vendors and business owners
- Manage and track SLAs ensuring vendors are delivering positive results
- Immediately address vendor risk and performance issues Process Improvement to Identify opportunities to streamline vendor management processes and improve efficiency
- Develop and implement best practices for vendor selection onboarding and performance monitoring
- Utilize data and analytics to track vendor performance and identify areas for improvement Reporting Compliance
- Develop and maintain vendor performance reports
- Ensure compliance with internal policies and procedures as well as external regulations Perform other duties as assigned
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