Vendor Manager Job Description Template
The Vendor Manager is responsible for the day-to-day management of vendor relationships. This includes working with vendors to ensure timely delivery of goods and services, resolving issues and problems, and maintaining communication. The Vendor Manager also develops and maintains strong vendor relationships to support the company’s business objectives.
Vendor Manager Job Responsibilities
- The vendor manager is responsible for the procurement of goods and services from vendors.
- They are also responsible for maintaining relationships with vendors and ensuring that they provide quality products and services at a fair price.
- The vendor manager is also responsible for negotiating contracts with vendors, as well as overseeing the performance of those contracts.
Objectives
- To develop and maintain strong relationships with vendors in order to ensure high levels of satisfaction and continued business.
- To negotiate contracts with vendors that are favorable to the company and provide value for money.
- To manage vendor performance against agreed KPIs, taking corrective action where necessary.
- To identify opportunities for cost savings and process improvements through effective management of vendor contracts.
- To liaise with internal stakeholders to ensure that all requirements are understood and met by vendors.
- To stay up to date with industry trends and developments, identifying potential new vendors who could benefit the company.
Vendor Manager Job Skills & Qualifications Needed
- Bachelor's degree in business, supply chain management, or a related field
- Minimum of five years' experience in vendor management, procurement, or a related field
- Demonstrated ability to manage and develop vendor relationships
- Strong negotiation and communication skills
- Ability to work independently and take initiative
- Proficient in Microsoft Office suite