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Title
Text copied to clipboard!Vendor Manager
Description
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We are looking for a dedicated Vendor Manager to oversee and manage our company's vendor relationships and procurement activities. The ideal candidate will be responsible for selecting vendors, negotiating contracts, ensuring compliance with company policies, and maintaining strong partnerships to support business objectives. This role requires excellent communication skills, strategic thinking, and the ability to manage multiple projects simultaneously. The Vendor Manager will collaborate with various departments to understand their needs and ensure timely delivery of goods and services. Additionally, the candidate will monitor vendor performance, resolve any issues, and implement improvements to optimize procurement efficiency. This position plays a critical role in cost management and risk mitigation, contributing to the overall success of the organization.
Responsibilities
Text copied to clipboard!- Develop and maintain vendor relationships to ensure quality and reliability.
- Negotiate contracts, pricing, and terms with vendors to achieve cost savings.
- Monitor vendor performance and compliance with contractual obligations.
- Collaborate with internal teams to understand procurement needs and specifications.
- Manage the vendor selection process including evaluation and onboarding.
- Resolve disputes and issues with vendors promptly and effectively.
- Maintain accurate records of vendor agreements and transactions.
- Analyze market trends to identify potential new vendors and opportunities.
- Ensure procurement activities comply with company policies and legal requirements.
- Prepare reports on vendor performance and procurement metrics.
Requirements
Text copied to clipboard!- Bachelor's degree in Business, Supply Chain Management, or related field.
- Proven experience as a Vendor Manager or in procurement roles.
- Strong negotiation and contract management skills.
- Excellent communication and interpersonal abilities.
- Ability to analyze data and make informed decisions.
- Familiarity with procurement software and tools.
- Strong organizational and multitasking skills.
- Knowledge of relevant laws and regulations.
- Problem-solving skills and attention to detail.
- Ability to work collaboratively across departments.
Potential interview questions
Text copied to clipboard!- Can you describe your experience managing vendor relationships?
- How do you approach contract negotiations to ensure favorable terms?
- What strategies do you use to evaluate vendor performance?
- How do you handle conflicts or disputes with vendors?
- Describe a time when you improved procurement processes.
- What procurement software are you familiar with?
- How do you ensure compliance with procurement policies?
- Can you provide an example of cost savings you achieved through vendor management?
