Senior Manager Vendor Management

Overview:

Key Responsibilities:

• Develop and implement vendor management strategies and processes
• Negotiate contracts and agreements with vendors
• Monitor vendor performance and conduct regular vendor assessments
• Identify costsaving opportunities and drive continuous improvement initiatives
• Collaborate with crossfunctional teams to align vendor management with organizational goals
• Resolve vendorrelated issues and disputes effectively
• Oversee vendor risk management and compliance with company policies
• Lead and develop a highperforming vendor management team
• Ensure timely and accurate vendor payments and invoice processing
• Prepare and present vendor management reports and performance metrics to senior leadership
• Participate in vendor selection and evaluation processes
• Stay updated on industry best practices and market trends in vendor management
• Establish strong relationships with key vendors and suppliers
• Contribute to the development of vendor management policies and procedures
• Lead vendor contract renewal and renegotiation efforts

Required Qualifications:

• Bachelors degree in Business Administration Supply Chain Management or related field
• Proven experience in vendor management or procurement with at least 8 years in a leadership role
• Demonstrated ability to drive cost savings and process improvements through effective vendor management
• Strong negotiation skills and contract management expertise
• Excellent strategic planning and decisionmaking capabilities
• Ability to lead and motivate a team of vendor management professionals
• Outstanding communication and interpersonal skills
• Proficiency in vendor performance evaluation and risk assessment
• Solid understanding of supply chain dynamics and vendor relationship management
• Analytical mindset with problemsolving abilities
• Experience in managing complex vendor portfolios across multiple categories
• Knowledge of relevant regulations and compliance requirements in procurement and vendor management
• Proficiency in using vendor management software and tools
• Ability to work effectively in a fastpaced and dynamic environment
• Certification in procurement or vendor management is a plus

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