Sr. Executive - Procurement and Vendor Management

Define Ventures; Hyderabad; On-site; INR 700,000 - 900,000; Full time

Job summary

Cohere Health is seeking a proactive Senior Executive - Procurement & Vendor Management to oversee day-to-day procurement activities in our Hyderabad office. You will lead the full procurement cycle from requisitions to PO deliverables, evaluate and onboard vendors, and negotiate terms to optimize cost and compliance.

Ideal candidates have 5–8 years in procurement or vendor management, strong negotiation and communication skills, and proficiency in MS Excel and ERP systems.

Qualifications

• Bachelor’s degree preferred (Administration, Management, or related field).
• 5-8 years of experience in procurement, purchasing, sourcing, or vendor management.
• Good negotiation and communication skills.
• Strong vendor relationship management abilities.
• Knowledge of procurement processes, purchase orders, contracts, and supplier evaluation.
• Good analytical and problem-solving skills.
• Proficiency in MS Excel and procurement/ERP systems.
• Ability to manage multiple vendors and procurement activities simultaneously.

Responsibilities

• Manage the complete procurement cycle, including purchase requisitions, RFQs, quotations, purchase orders, and delivery follow-ups.
• Identify, evaluate, onboard, and maintain relationships with reliable vendors and suppliers.
• Obtain and compare vendor quotations based on price, quality, delivery timelines, and commercial terms.
• Negotiate pricing, payment terms, contracts, and service-level agreements with vendors.
• Monitor vendor performance, including quality, delivery, responsiveness, and adherence to agreed terms.
• Maintain an updated vendor database, contracts, pricing information, and procurement records.
• Coordinate with internal departments to understand procurement requirements and ensure timely availability of materials/services.
• Prepare and track purchase orders, deliveries, invoices, and payment status in coordination with Finance and Accounts.
• Resolve vendor-related issues, including delivery delays, quality concerns, pricing discrepancies, and invoice disputes.
• Support vendor audits, compliance checks, and periodic supplier performance reviews.
• Identify cost-saving opportunities and alternative suppliers.
• Ensure procurement activities comply with company policies, approval processes, and applicable regulations.
• Prepare procurement reports, vendor performance reports, cost analyses, and management dashboards.
• Maintain proper documentation and records for audit and compliance purposes.

Skills

Procurement

Vendor management

Negotiation

MS Excel

ERP systems

Purchase orders

Contracting

Data analysis

Education

Bachelor’s degree

Tools

Procurement ERP systems

Google Sheets

Job description

Opportunity Overview

We are seeking a proactive and detail-oriented Senior Executive - Procurement & Vendor Management to oversee the smooth day-to-day functioning of our office. This role will be responsible for procurement request details gathering and confirmation, market research on requested items, sourcing and evaluation of vendors, Negotiations, Terms and conditions validation, vendor management and coordination. The ideal candidate will be highly organized, resourceful, and comfortable working in a fast-paced environment with minimal supervision.

What you’ll do

• Manage the complete procurement cycle, including purchase requisitions, RFQs, quotations, purchase orders, and delivery follow-ups.
• Identify, evaluate, onboard, and maintain relationships with reliable vendors and suppliers.
• Obtain and compare vendor quotations based on price, quality, delivery timelines, and commercial terms.
• Negotiate pricing, payment terms, contracts, and service-level agreements with vendors.
• Monitor vendor performance, including quality, delivery, responsiveness, and adherence to agreed terms.
• Maintain an updated vendor database, contracts, pricing information, and procurement records.
• Coordinate with internal departments to understand procurement requirements and ensure timely availability of materials/services.
• Prepare and Track purchase orders, deliveries, invoices, and payment status in coordination with Finance and Accounts.
• Resolve vendor-related issues, including delivery delays, quality concerns, pricing discrepancies, and invoice disputes.
• Support vendor audits, compliance checks, and periodic supplier performance reviews.
• Identify cost-saving opportunities and alternative suppliers.
• Ensure procurement activities comply with company policies, approval processes, and applicable regulations.
• Prepare procurement reports, vendor performance reports, cost analyses, and management dashboards.
• Maintain proper documentation and records for audit and compliance purposes.

ISMS roles and responsibilities

• Good knowledge of Information practices.
• Assist the manager in all the information security activities implementation and maintenance process.
• Ensuring the team and imparted with Competence related to Information security
• Responsible for implementation of security policies and procedures and report any issues to the Information Security Manager.

Required Qualifications

Must-haves

• Bachelor’s degree preferred (Administration, Management, or related field).

• 5-8 years of experience in procurement, purchasing, sourcing, or vendor management.
• Good negotiation and communication skills.
• Strong vendor relationship management abilities.
• Knowledge of procurement processes, purchase orders, contracts, and supplier evaluation.
• Good analytical and problem-solving skills.
• Proficiency in MS Excel and procurement/ERP systems.
• Ability to manage multiple vendors and procurement activities simultaneously.
• Strong attention to detail, accuracy, and problem-solving skills.

Nice-to-haves

• Strong organizational and time-management skills.
• Excellent written and verbal communication skills.
• Ability to multitask, prioritize, and adapt to changing business needs.
• Proficiency in MS Office Suite (Word, Excel, PowerPoint, Outlook) and Google gmail,gsheets)
• Self-motivated, trustworthy, and able to work independently with minimal supervision.
• Familiarity with basic accounting processes, transport scheduling, and office management procedures (preferred).

Ability to commute/relocate

• Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (Preferred)

Interview Process

1. Connect with Talent Acquisition
2. Meet with the Hiring Manager
3. Behavioral Interview(s)
4. Case Study
5. Interview with Senior Leadership

*Subject to change

About Cohere Health

Cohere Health's clinical intelligence platform and agentic AI-powered solutions connect health plans' strategic goals and providers' needs, optimizing the speed, cost, and quality of care. With an enterprise approach that streamlines payer-provider decision-making across the care continuum including policy, prior authorization, payment accuracy, and more, the company improves collaboration and reduces burden, resulting in up to 8x ROI and 94% provider satisfaction.

With the acquisition of ZignaAI, we expanded our AI-native platform with a comprehensive Payment Integrity Suite that spans data mining, clinical and coding validation, authorization and claims reconciliation, and end-to-end payment integrity services across pre- and post-pay workflows. By connecting clinical and payment insights, our transparent, AI-powered solutions help health plans proactively improve payment accuracy, reduce waste and vendor dependency, strengthen provider relationships, and build smarter, more efficient payment integrity programs.

Cohere Health's innovations continue to receive industry-wide recognition. We've been recognized on TIME's World Top HealthTech Companies 2025 list, the 2025 Inc. 5000 list, in the Gartner Hype Cycle for U.S. Healthcare Payers (2022-2025), and ranked as a Top 5 LinkedIn Startup for 2023 & 2024.

We can't wait to learn more about you and meet you at Cohere Health!

Equal Opportunity Statement

Cohere Health is an Equal Opportunity Employer. We are committed to fostering an environment of mutual respect where equal employment opportunities are available to all. To us, its personal.