The day-to-day responsibilities include but are not limited to:
- Completing work necessary for defining the charter and building a strategic partner management organization
- Develop and implement vendor management processes and strategies to optimize vendor performance and drive cost savings
- Build and maintain strong relationships with vendors to ensure effective communication and collaboration
- Negotiate contracts and agreements with vendors to secure favorable terms and conditions
- Monitor vendor performance and conduct regular vendor evaluations to assess compliance with contractual obligations and business case value realization.
- Maintain a central repository for storing key performance, contractual and financial documentation
- Identify and mitigate vendor risks to protect the company from potential liabilities
- Collaborate with internal stakeholders to align vendor management goals with the company's overall business objectives
- Lead a team of vendor management professionals to support the company's vendor management initiatives
- Developing processes and organization capability to execute strategic provider relationships
Qualifications:
- Bachelor's degree in business administration, supply chain management, or related field; Master's degree preferred
- Minimum of 7 years of experience in vendor management or procurement, with at least 3 years in a leadership role
- Strong negotiation and contract management skills
- Excellent communication and interpersonal skills
- Proven ability to build and maintain strong relationships with vendors and internal stakeholders
- Experience in managing a team of vendor management professionals
- Knowledge of vendor management best practices and industry trends
- Clear thinker who anticipates and develops strategies for anticipating future consequences and trends
- Cope with change and work effectively without having the total picture
- Cleary delineates responsibilities and sets clear objectives and measures
- Quickly grasps the essence and the underlying structure of new situations and problems
- Experience in designing and deploying performance management processes and systems
- Knows how organizations work; knows how to get things done through formal channels and the informal network
