Vendor Management Specialist
2 weeks ago
Job Summary:
The Vendor Manager will be responsible for developing and maintaining strong relationships with vendors and suppliers on behalf of the organization. This role is critical in managing vendor performance, negotiating contracts, and ensuring the timely and cost-effective delivery of goods and services. As a liaison between the company and its vendors, the Vendor Manager will promote collaboration and drive operational efficiency.
Key Responsibilities:
- Supplier Service and SLA Reviews
- Support the introduction of new services
- Reporting and forecasting operational budget spend and future demand
- New Project/Feature/Regions and Markets budget requirements
- License volumes
- Invoices and payment management
- Creation of Purchase Orders, Requisitions, and associated documentation
- Evaluation of vendors/bidders and technically leveling proposals
- Uplifting contracts across to a 'Gold' standard
- Introduce terms into vendor contracts to ensure excellent levels of Service Delivery
- Drive continuous improvement
- Maintain contracts and services database and aid management reporting
- Contribute to data improvement/value initiatives cross-function and cross-group
- Investigate legacy contracts opportunities and make recommendations accordingly
- Document and maintain pricing and charging mechanisms – avoid cost increases where possible
- General administration tasks supporting Cyber Security and Connected Car Management
Technical Skills:
- Vendor Relationship Management: Build and maintain positive relationships with vendors, suppliers, and service providers. Serve as the primary point of contact for all vendor-related communications and foster open lines of communication.
- Vendor Performance Management: Establish and track vendor performance metrics such as delivery timelines, quality of goods or services, and customer satisfaction. Conduct regular performance reviews and implement improvement strategies as necessary.
- Contract Negotiation and Management: Negotiate vendor contracts, terms, and pricing to ensure favorable terms for the organization. Ensure all contracts comply with legal and regulatory requirements. Monitor contract performance and address any issues that may arise.
- Vendor Sourcing and Evaluation: Identify potential vendors, assess their capabilities, and conduct due diligence to determine their suitability for the organization's needs. Evaluate vendor proposals and make recommendations to management based on cost, quality, and service level agreements.
Certifications:
Certified Professional in Supply Management (CPSM)
Certified Professional in Supplier Diversity (CPSD)
About Axiom Software Solutions Limited:
Axiom Software Solutions Limited applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Axiom Software Solutions Limited and is reflected in the company's Front2BackTM Transformation approach. Front2BackTM uses the exponential power of cloud and cognitive to provide hyperpersonalized (CX2C2TM1) digital experience to clients and their end customers. Axiom Software Solutions Limited's Service Transformation approach helps 'shrink the core' through the application of digital technologies across legacy environments within an enterprise enabling businesses to stay ahead in a changing world. Axiom Software Solutions Limited's core reference architectures and tools speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.
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