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Product Manager – Vendor Management System (VMS) Specialist

Location

Hyderabad, India

Job Category
Software Engineering
Experience
5+ years
Location
Hyderabad
Type
Work From Office
Posted Dated
Feb 05, 2025
Mode
Full Time
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About Paltech

PalTech is a leading offshore IT consulting firm specializing in delivering transformative digital solutions and services to small, medium, and large organizations across diverse industries. With a legacy spanning over two decades, we have established ourselves as pioneers in driving innovation through advanced technology and empathetic understanding of client needs.



Why Choose Paltech

Expertise

Our team comprises seasoned experts with extensive experience across various domains.

Client-Centric Approach

Our approach focuses on understanding and meeting our clients needs.

Global Reach

We operate on a global scale, offering services worldwide.

Commitment to Excellence

We aim to maintain and deliver top-notch quality in every aspect of our work.

Job Description

We are seeking an experienced Product Manager with specialized expertise in Vendor Management Systems (VMS) to create roadmap, build specifications, lead and train cross-functional teams. The candidate will play a pivotal role in defining the product roadmap, working closely with stakeholders, and ensuring successful delivery aligned with business goals. The ideal candidate should have deep expertise in VMS domain, a strategic mindset, and the ability to lead cross-functional teams. 

Roles and Responsibilities

  • Define and drive the product roadmap for the core VMS modules, ensuring alignment with business objectives and market needs. 
  • Work with client to understand their vision and strategy to develop the MVP product while understanding the long terms needs. 
  • Conduct targeted training sessions on VMS functionalities, processes, and configurations for team members. 
  • Work closely with stakeholders, including clients, business analysts, and engineering teams, to gather requirements and translate them into actionable product specifications. 
  • Support the development team by providing clear requirements, prioritizing backlogs, and ensuring efficient execution. 
  • Lead the development and enhancement of MVP modules (Req-to-Cheque and SOW), ensuring timely delivery and high-quality standards. 
  • Identify and address risks, gaps, and dependencies that may impact product success. 
  • Establish strong relationships with clients to understand their needs, educate them on product capabilities, and proactively guide them toward effective solutions. 
  • Drive data-driven decision-making, leveraging analytics and market research to refine product features and strategy. 
  • Collaborate with leadership and business teams to define KPIs and measure product success. 
  • Act as a subject matter expert (SME) in VMS domain trends, compliance (GDPR, HIPAA), and best practices. 
  • Develop a comprehensive training roadmap, helping the team integrate VMS tools for Talent Pooling, Direct Sourcing, and Service Procurement. 

Required Skills and Qualifications: 

  • Proven experience (5+ years) as a Product Manager in the Vendor Management System (VMS) domain. 
  • Strong understanding of VMS functionalities, including Req-to-Cheque, SOW, procurement, and contingent workforce management. 
  • Experience in defining and executing product roadmaps for enterprise SaaS solutions. 
  • Strong analytical, problem-solving, and decision-making skills. 
  • Ability to communicate effectively with both technical and non-technical stakeholders. 
  • Expertise in agile development methodologies and working with cross-functional teams. 
  • Knowledge of GDPR, HIPAA, and other regulatory compliance in the VMS space. 
  • Hands-on experience with JIRA, Confluence, or other product management tools.  

Preferred Qualifications: 

  • Familiarity with VMS integration into larger ERP or HRIS systems. 
  • Experience in staffing, procurement, or workforce management platforms. 
  • Understanding of AI, automation, and analytics in VMS solutions. 
  • Prior experience in as enterprise SaaS environment. 
  • Strong business acumen with a passion for solving customer pain points. 

Application

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