Vendor Management Leader

Solventum

Bengaluru

Hybrid

INR 3,000,000 - 5,500,000

Full time

45 hours ago
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Job summary

Solventum seeks a Strategic Supplier Vendor Management Leader to drive governance for MSP and professional services relationships. You will own the VMO model, set governance routines, review SLAs and contracts, and coordinate cross-functional teams to manage risk and enable scalable operations.

Ideal candidates bring 9+ years in vendor governance, strong project and executive communication skills, and a track record of delivering governance improvements and cost savings in complex enterprises.

Qualifications

  • Bachelor's degree or higher with 9-15 years in vendor management, supplier governance, sourcing, procurement, IT operations, or program/project management in a complex enterprise environment.
  • 5+ years of experience managing large MSP and/or professional services agreements, including governance, SLA management, credits/earn-backs, contract changes, invoice validation support, and executive escalations.
  • Experience building or maturing governance models, policies, SOPs, controls, and reporting for cross-functional enterprise processes; demonstrated ability to lead supplier transitions.
  • Strong capability in project management, operational management, executive communication, change adoption, collaboration, and continuous improvement.

Responsibilities

  • Lead strategic vendor governance for large MSP and professional services relationships, ensuring contractual obligations, SLAs, financial terms, and performance targets are met while mitigating risk.
  • Own the end-to-end VMO relationship model for assigned suppliers, including governance cadence, SLA validation, contract changes, escalations, and transition enablement.
  • Develop reporting, scorecards, dashboards, and insights to improve transparency, accelerate issue resolution, and drive data‑driven decisions.
  • Partner with IT, procurement, finance, sourcing, legal, and operations to resolve complex issues and build a scalable future-state operating model.

Skills

Vendor governance
Relationship management
Project management
Operational governance
Stakeholder influence
Change management
Continuous improvement
Conflict resolution
Cross-functional collaboration
Analytical decision making

Education

Bachelor's degree or higher
Master's degree in Business / Supply Chain / IS

Job description

Thank you for your interest in joining Solventum. Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers’ toughest challenges. While we continue updating the Solventum Careers Page and applicant materials, some documents may still reflect legacy branding. Please note that all listed roles are Solventum positions, and our Privacy Policy: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ applies to any personal information you submit. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description
Strategic Supplier Vendor Management Leader (Solventum)
3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You'll Make in this Role
How You Will Make An Impact

As a Strategic Supplier Vendor Management Leader you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

  • Lead strategic supplier governance for large, complex managed service provider (MSP) and professional services relationships, ensuring contractual obligations, service levels, financial terms, and performance commitments are achieved while protecting Solventum from operational, financial, and compliance risk.
  • Own the end-to-end vendor management office (VMO) relationship model for assigned suppliers, including governance cadence, SLA attainment review, SLA credit validation, contract change management, escalations, transition enablement to new suppliers, and supplier accountability to master services agreements, statements of work, and related contract artifacts.
  • Drive operational excellence and continuous improvement by developing reporting, scorecards, dashboards, and governance insights that improve transparency, accelerate issue resolution, strengthen adoption of standard processes, and enable more data-driven decisions.
  • Partner across IT, procurement, finance, sourcing, legal, and operational teams to resolve complex issues, support change adoption, influence decisions, improve supplier performance, and build a scalable future-state operating model for both strategic supplier governance and software asset management.
Your Skills And Expertise

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

  • Bachelor's Degree or higher AND 9-15 years of experience in vendor management, supplier governance, sourcing, procurement, IT operations, or program/project management in a complex enterprise environment

In addition to the above requirements, the following are also required:

  • 5+ years of experience managing large, multi-million-dollar MSP and/or professional services agreements, including governance, SLA management, credits/earn-backs, contract changes, invoice validation support, and executive escalations
  • Experience building or maturing governance models, policies, standard operating procedures, controls, and reporting for cross-functional enterprise processesDemonstrated ability to lead supplier transitions, support onboarding/offboarding of services, and coordinate complex cross-functional dependency management
  • Strong capability in project management, operational management, executive communication, change adoption, conflict resolution, collaboration, and continuous improvement
Additional qualifications that could help you succeed even further in this role include:
  • Master's degree in Business, Supply Chain, Information Systems, Engineering, Finance, or a related discipline from an accredited institution
  • Experience supporting highly regulated, global, or matrixed organizations with strong audit, risk, security, or compliance expectations
  • Familiarity with ITIL-based service management, supplier scorecards, KPI/SLA reporting, and software publisher compliance models
  • Ability to translate complex contractual, operational, and licensing data into actionable business insights and executive-ready recommendations
Core Skills For Success In This Role
  • Strategic vendor and relationship management
  • Project and program management
  • Operational management and governance
  • Communication and stakeholder influence
  • Change adoption and organizational enablement
  • Continuous improvement mindset
  • Conflict resolution and negotiation
  • Cross-functional collaboration
  • Analytical problem solving and decision-making
Work location: Bengaluru (Hybrid)
Relocation Assistance: N/A
Supporting Your Well-being

Solventum offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.

Diversity & Inclusion

(*) We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, gender, sexual orientation, age, civil status, disability, family status, or membership of the travelling community.

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