What You ll Do
Managing the entire vendor lifecycle, from selection to offboarding, to ensure that vendors are managed effectively throughout their engagement with the organization. Evaluate potential vendors and manage the onboarding process to ensure alignment with business needs. Draft, review, negotiate, and manage contracts with multiple vendors, ensuring that agreements are legally binding, meet organizational requirements, and are aligned with business objectives. Negotiate favourable terms and manage vendor contracts, ensuring compliance and optimal terms. Identify, assess, and mitigate risks related to vendor performance, compliance, and supply chain disruptions. Build and maintain strong relationships with vendors to resolve issues promptly and maintain smooth operations. Monitor vendor-related expenses, ensure budget compliance, and identify opportunities for cost optimization and process improvement for vendor management strategies. Established KPIs/SLAs, generate and present regular reports on vendor performance, compliance, and cost analysis to senior management, while maintaining thorough documentation for audits and analysis.
What Makes You Qualified
Bachelors degree in business administration, Supply Chain Management, Procurement, or a related field. A masters degree or relevant certifications (e.g., CPM, CPSM) is a plus.
5+ years Proven experience in vendor management, procurement, or supply chain management.
Strong background in contract negotiation, vendor relationship management, and
performance evaluation
Experience in risk management, compliance, and identifying opportunities for cost savings.
Soft Skills:
Excellent negotiation and communication skills.
Strong analytical and problem-solving abilities with a keen attention to detail.
Proven ability to build and maintain relationships, resolving conflicts and ensuring vendor alignment.
Effective time-management skills with the ability to handle multiple priorities in a fast-paced environment.
Strong decision-making abilities, with a focus on optimizing vendor performance and cost management.