Vendor Manager job description
Get a professionally crafted Vendor Manager Job Description Template to save time and attract the right candidates. Our template is tailored for clarity, consistency, and ease of customization, helping you create job descriptions that stand out to top talent.
Need a template?
Download Template
Hiring for this role?
Source Candidate Faster
What does a Vendor Manager do?
The Vendor Manager is responsible for building and maintaining strong relationships with vendors, ensuring that the company receives quality products and services at competitive prices. This role is crucial for optimizing supply chain efficiency and achieving company's cost management goals.
Write effective job descriptions in minutes with our free templates, designed to attract top talent.
Professionally crafted templates
Editable and easy to customize
Proven to save time
What are the Key Responsibilities of Vendor Manager
- Develop and manage vendor relationships to ensure product quality and delivery performance.
- Negotiate contracts, pricing, and terms with vendors to achieve cost-effective agreements.
- Monitor vendor performance against contractual standards and SLAs.
- Identify and mitigate risks associated with vendor partnerships.
- Coordinate with internal teams to align vendor services with business needs.
- Evaluate potential suppliers and conduct supplier assessments.
- Resolve conflicts and issues with vendors to ensure customer satisfaction.
What are the Skills and Requirements for a Vendor Manager?
- Strong negotiation and contract management skills.
- Excellent relationship-building and communication skills.
- Proficiency in procurement and supply chain management tools.
- Analytical mindset with ability for strategic thinking.
- Strong organizational and project management skills.
What are the KPIs to track for Vendor Manager?
Vendor Manager's performance is assessed based on successful contract negotiations, vendor compliance with service agreements, cost savings achieved, and maintaining strong vendor relationships.
Cost Savings
Achieve targeted cost reductions through vendor negotiations.
Vendor Compliance
Ensure vendors adhere to agreed service levels and contract terms.
Supplier Relationship Management
Improve and maintain supplier satisfaction levels.
Reports to
Head of Procurement
Collaborates with
Supply Chain Team, Finance Department
Leads
Vendor Analysts
Are any specific tools or software required for the Vendor Manager role?
- SAP Ariba
- Oracle Procurement Cloud
- Coupa Spend Management
What is the qualification of Vendor Manager?
Bachelor's degree in Business, Supply Chain Management, or related field, with at least 3-5 years of experience in vendor management or procurement.
