Vendor Management Specialist

Summary

We are looking for a hard-working vendor management specialist to assist our company in relations with the existing vendors and establishing relations with new vendors. Responsibilities include monitoring vendors to ensure compliance with company policies, attending company meetings, and informing new vendors of their responsibilities.

To be successful as a vendor management specialist, you should be detail-oriented and adept at negotiating vendor contracts. Ultimately, an outstanding vendor management specialist should be able to multitask effectively as well as demonstrate exceptional analytical, problem-solving, and decision-making skills.

Job Description

• Developing and sustaining long-standing relationships with company-approved vendors.
• Meeting with suitable vendors to assess their products, inquire about their services, negotiate prices, and communicate any product or service-related concerns.
• Conducting research on available vendors to determine which vendors offer the best pricing and product quality.
• Continually monitoring sales trends to determine which products are more popular than others.
• Implementing vendor selection programs to ensure that the best vendors are secured.
• Conducting interviews with new vendors and informing approved vendors of their responsibilities and obligations.
• Establishing standards by which to assess the performance of approved vendors.
• Evaluating current vendor management programs and identifying ways to improve them

Vendor Management Requirements

• Bachelor’s degree in supply chain management, marketing, business administration, or a related field.
• Proven experience working as a vendor management specialist in IT companies.
• Proficient in all Microsoft Office applications.
• The ability to multitask effectively.
• Strong negotiation, management, and decision-making skills.
• Excellent analytical, problem-solving, and organizational skills.
• Good communication in Arabic and English.