Director, Vendor Management

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

Skills Required
Vendor Management, Risk Management