Vendor Management Coordinator

About the Role:

The Vendor Management Coordinator plays a crucial role in ensuring that our organization maintains strong relationships with our vendors while optimizing procurement processes. This position is responsible for overseeing vendor performance, negotiating contracts, and ensuring compliance with service level agreements. The coordinator will analyze vendor data to identify opportunities for cost savings and efficiency improvements. By collaborating with various departments, the coordinator will facilitate communication and resolve any issues that arise with vendors. Ultimately, the goal of this role is to enhance vendor partnerships that contribute to the overall success of the organization.

Minimum Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• At least 2 years of experience in vendor management, procurement, or a similar role.
• Strong analytical skills with the ability to interpret data and make informed decisions.

Preferred Qualifications:

• Certification in Supply Chain Management or Vendor Management.
• Experience with contract negotiation and management.
• Familiarity with procurement software and vendor management systems.

Responsibilities:

• Manage and maintain relationships with existing vendors to ensure high levels of service and satisfaction.
• Conduct regular performance evaluations of vendors and provide feedback to improve service delivery.
• Negotiate contracts and pricing with vendors to secure favorable terms for the organization.
• Collaborate with internal teams to understand their needs and ensure that vendor services align with organizational goals.
• Monitor compliance with contractual obligations and service level agreements, addressing any discrepancies promptly.

Skills:

The required skills for this role include strong communication and negotiation abilities, which are essential for building and maintaining vendor relationships. Analytical skills are utilized daily to assess vendor performance metrics and identify areas for improvement. Attention to detail is crucial when reviewing contracts and ensuring compliance with agreements. Preferred skills, such as familiarity with procurement software, enhance efficiency in managing vendor data and streamlining processes. Overall, a combination of these skills enables the Vendor Management Coordinator to effectively support the organization's procurement strategy and vendor partnerships.