Pune, MH, IN
8 days ago
OFSE Digital VMO Vendor Portfolio & Strategy Director

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 goalsMaintain a comprehensive inventory of vendor engagements, software licenses, and contingent workforce allocationsIdentify 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 requirementsLead 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 opportunitiesSupport forecasting and planning activities across vendor categories.

Stakeholder Collaboration

Work cross-functionally with Sourcing, Legal, Procurement, and Compliance teamsEngage with Product Delivery Managers and Operation Managers to align vendor strategy with business needsSupport 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 responsivenessDrive innovation through strategic vendor collaboration and technology enablementLead change management initiatives to standardize vendor-related processes

QUALIFICATIONS & EXPERIENCE Required

Minimum of 12 years’ experience in vendor management, sourcing, or procurementBachelor’s degree in Technology, Business, Finance, Supply Chain or a related fieldProven track record in managing software portfolios and contingent workforce solutionsStrong negotiation, analytical, and stakeholder engagement skillsExcellent communication and stakeholder management skillsExcellent domain of sourcing tools such as SAP, Ariba, Fieldglass, Airtable, etc. • Strong leadership track recordExperience with governance frameworks, risk mitigation, and compliance.

Preferred

Master’s degree in Business, Economic, or TechnologyKnowledge of digital transformation and emerging technologiesExperience in analyzing vendor portfolios to identify opportunities for consolidation, innovation, and cost savings.

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