Vendor Relationship Manager
Vendor Relationship Manager
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Salary Not Disclosed
1 Vacancy
Job Description
The Vendor Relationship Manager is responsible for appraising and improving our sourcing activities by analyzing the companys spending supplier partnerships and new possibilities. This role requires a deep understanding of procurement supplier management logistics and global sourcing to ensure efficient and costeffective delivery of distribution items and engineered solutions. The Vendor Relationship Manager will identify and strengthen our supplier partnerships by collaborating closely with crossfunctional teams including sales engineering and operations teams to optimize material availability minimize risks and drive operational excellence with our supplier partners.
Key Responsibilities:
Manage supplier relationships including ongoing performance evaluation issue resolution and fostering longterm partnerships.
Develop risk management procedures to mitigate losses in the event of product shortages
Identify evaluate and select suppliers based on quality reliability costeffectiveness and adherence to ethical and sustainability standards.
Develop and implement procurement strategies to optimize cost savings and operational efficiency.
Negotiate contracts and terms with suppliers to ensure favorable pricing payment terms and mutually beneficial agreements.
Collaborate with internal stakeholders and external customers to understand their requirements and align procurement activities with organizational goals.
Conduct market research and analysis to stay updated on industry trends economic factors supplier capabilities and pricing fluctuations.
Manage the companys supply portfolio ensuring transparency of spending
Generate and implement efficient sourcing and category management strategies
Analyze and calculate costs of procurement and suggest methods to decrease expenditure
Invent negotiation strategies and secure profitable deals
Optimize sourcing procedures to attain maximum efficiency
Cooperate with stakeholders to guarantee agreement on terms and processes
Research and anticipate shifts in the negotiating power of suppliers
Perform cost and scenario analysis and benchmarking
Estimate risks and apply riskminimizing techniques
Discover and partner with trustworthy vendors and suppliers
Qualifications :
Knowledge/Skills/Competencies
Proven work experience as a Sourcing Manager or Procurement Manager
Familiarity with sourcing and vendor management and relevant software
Understanding of market dynamics and sound business judgement
Strong project management and leadership skills
Ability to negotiate and sustain networking relationships
Comfortable with figures and in collecting analyzing and interpreting data
Solid judgement with ability to make good decisions
Education Requirements
BS degree in supply chain management logistics or business administration
Additional Information :
Why Join Us
- Make a direct impact by optimizing our supply chain strategies.
- Work in a collaborative and fastmoving environment.
- Opportunities for growth and innovation within our expanding companies.
If youre ready to take on a pivotal role where your expertise will drive efficiency and innovation apply today!
All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
