Vendor Manager

2 days ago


London, United Kingdom Vector Resourcing Full time

Our client is a leading organisation in need of an experienced Vendor Manager to establish and maintain strategic relationships with key IT vendors and suppliers. The environment is currently immature in terms of governance and processes, particularly around vendor management, and this role is critical in bringing structure and oversight to the vendor relationships.



The following information provides an overview of the skills, qualities, and qualifications needed for this role.

With a procurement team in place handling the day-to-day administration of contracts, the organisation now requires a dedicated individual to focus on vendor strategy, contract renewals, and risk management.


Responsibilities


  • Take ownership of managing relationships with key IT vendors and suppliers, including Microsoft, Oracle, SAP, and various smaller service providers.
  • Review, monitor, and manage all vendor contracts to ensure terms are adhered to and optimised.
  • Develop a strategy for handling upcoming contract renewals, including vendor negotiations and evaluation of contract terms.
  • Identify vendors or contracts at risk and implement strategies to mitigate any potential issues.
  • Work closely with the procurement team and senior leadership to make informed decisions regarding vendor performance, contract renewals, and future partnerships.
  • Oversee and mentor a Procurement Officer, who will provide support with contract administration and day-to-day procurement tasks.

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