Manager, Supplier Management

Welcome to Capital One, a leading financial services company known for our innovative approach to banking. We are currently seeking a highly motivated and experienced Manager of Supplier Management to join our team. In this role, you will play a crucial role in managing our relationships with key suppliers, ensuring their performance meets our standards and aligns with our overall business goals. We are looking for a dynamic individual with excellent communication and negotiation skills, as well as a strong understanding of supplier management best practices. If you are passionate about driving results and building strong partnerships, we invite you to apply for this exciting opportunity at Capital One.

1. Develop and implement supplier management strategies and policies that align with the company's overall goals and objectives.
2. Identify and evaluate potential suppliers, negotiate contracts and agreements, and manage ongoing relationships.
3. Monitor and assess supplier performance against agreed-upon metrics and take corrective action when necessary.
4. Ensure that supplier contracts are in compliance with company policies, laws, and regulations.
5. Collaborate with cross-functional teams to identify and address any supplier-related issues or risks.
6. Conduct regular supplier audits and evaluations to ensure quality and efficiency standards are met.
7. Communicate effectively with suppliers to build and maintain strong partnerships and address any concerns or issues.
8. Analyze supplier data to identify areas for improvement and cost-saving opportunities.
9. Stay current on market trends and industry best practices in supplier management.
10. Develop and manage budgets related to supplier management.
11. Train and develop team members, providing guidance and support to ensure their success in managing supplier relationships.
12. Make recommendations to senior management on potential new suppliers or changes to existing supplier relationships.
13. Ensure compliance with company policies and procedures related to supplier management.
14. Drive continuous improvement and innovation in supplier management processes and practices.
15. Collaborate with other departments, such as procurement and finance, to ensure alignment and efficiency in supplier management processes.

According to JobzMall, the average salary range for a Manager, Supplier Management in Richmond, VA, USA is between $80,000 and $120,000 per year. However, this can vary depending on factors such as the industry, company size, and level of experience. Some companies may offer higher salaries for this position, while others may offer lower salaries. Additionally, bonuses and other benefits may also be included in the total compensation package. It is recommended to research specific companies and industries to get a more accurate understanding of the salary range for this position in Richmond, VA.

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia. Capital One is ranked 11th on the list of largest banks in the United States by assets.