Vendor Category Expert

Welcome to Novartis, an innovative pharmaceutical company dedicated to improving the lives of patients worldwide. We are currently seeking a driven and experienced Vendor Category Expert to join our team. In this role, you will be responsible for developing and executing category strategies for our vendor partners. We are looking for someone with a strong background in procurement and vendor management, who is passionate about driving cost savings and enhancing vendor relationships. If you are a results-oriented individual with excellent communication and negotiation skills, we encourage you to apply and be a part of our dynamic team at Novartis.

1. Develop and implement category strategies for our vendor partners in alignment with the overall company goals and objectives.
2. Conduct market research and analysis to identify potential vendors and evaluate their capabilities, pricing, and quality.
3. Negotiate contracts, pricing, and terms with vendors to ensure cost savings and favorable terms for the company.
4. Collaborate with cross-functional teams to understand business needs and requirements, and develop vendor solutions that meet those needs.
5. Monitor and assess vendor performance, including quality, delivery, and service levels, and address any issues or concerns that may arise.
6. Identify opportunities for process improvements and cost savings through effective vendor management.
7. Develop and maintain strong relationships with key vendors, serving as the main point of contact for all vendor-related matters.
8. Stay up-to-date on industry trends, market conditions, and best practices in vendor management to continuously improve category strategies.
9. Ensure compliance with company policies and procedures, as well as regulatory and legal requirements, in all vendor relationships.
10. Provide regular reports and updates to management on vendor performance, cost savings, and other key metrics.
11. Mentor and train junior team members on vendor management and procurement best practices.
12. Represent the company in a professional and ethical manner at all times, promoting our values and culture.
13. Collaborate with internal stakeholders to develop and implement vendor diversity and sustainability initiatives.
14. Continuously evaluate and assess vendor relationships to identify potential risks and make proactive recommendations to mitigate them.
15. Act as a subject matter expert on vendor management and procurement, providing guidance and support to other teams within the company.

According to JobzMall, the average salary range for a Vendor Category Expert in Hyderabad, Telangana, India is between Rs. 6,00,000 to Rs. 9,00,000 per year. This can vary depending on the specific company, experience level, and skills of the individual. Some companies may offer higher salaries to experienced experts or for specialized skills in a particular category. Generally, the salary for a Vendor Category Expert in Hyderabad is higher than the national average for this role in India.

Novartis AG develops, manufactures, and markets healthcare products. It operates through the following segments: Pharmaceuticals, Alcon, Sandoz, Vaccines & Diagnostics, and Consumer Health. The Pharmaceuticals segment provides patent-protected prescription medicines. The Alcon segment offers surgical, ophthalmic pharmaceuticals, and vision care products. The Sandoz segment provides generic pharmaceuticals. The Vaccines & Diagnostics segment provides human vaccines and blood testing diagnostics.