Our company is looking for a Vendor Manager to help us with our purchasing requirements. You will be responsible for researching and identifying the vendors offering quality products and services. Also, you should be able to negotiate product pricing and finalize the right deal.
Besides, you should be able to monitor sales trends and suggest improvement measures. You should be prompt and detail-oriented when solving any vendor issues. Additionally, you should possess excellent knowledge of the latest industry developments and consumer trends.
To succeed in this job role, you should have good analytical and critical thinking skills. Your ability to effectively communicate workflow processes and policies with vendors will be an added advantage.
If you have the skills and capabilities required for effective vendor management, then do get in touch with us. We would be glad to have you onboard!
Building and maintaining long-lasting relationships with vendors
Reviewing new vendors and their products
Negotiating product pricing and contracts with vendors
Communicating product-related issues and concerns to vendors
Researching new vendors in the market
Monitoring sales trends to determine fastest selling products
Developing and implementing vendor selection programs
Communicating vendor responsibilities and obligations
Establishing vendor performance standards and suggesting improvements
Acting as an intermediary between vendors and stakeholders
Coordinating all vendor management activities and processes
Troubleshooting any vendor issues
Suggesting vendor management processes, policies, and methods
Updating, renewing, and canceling vendor contracts whenever needed
Maintaining and updating all vendor documentation
Participating in training programs and company events
Updating contract terms of existing vendors
Designing business guidelines for vendors
Ensuring all vendor activities adhere to our company policies
Altering external contract terms and conditions to suit current industry developments
Bachelor’s degree in Business Management, Business Administration, Supply Chain Management or equivalent
Previous work experience as a Vendor Manager or in the Logistics department
Excellent time management and organizational skills
Strong analytical and negotiation skills
Good research skills
Basic computer skills
Ability to multitask
Good communication and interpersonal skills
Having an eye for detail
Quick decision making and problem-solving skills
Ability to offer improved customer service
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