Manager, Supplier Management
Welcome to Capital One! We are looking for a talented and driven individual to join our team as the Manager of Supplier Management. As a leader in the financial services industry, we are dedicated to providing exceptional service to our customers and partners. In this role, you will be responsible for managing and developing strategic relationships with our suppliers to ensure the delivery of high-quality products and services. We are seeking a highly organized and detail-oriented professional with a strong background in procurement and supplier management. If you are a collaborative problem-solver with a passion for driving efficiency and innovation, we would love to hear from you.
- Manage and develop strategic relationships with suppliers to ensure the delivery of high-quality products and services.
- Collaborate with cross-functional teams to identify and select potential suppliers that align with our company's goals and values.
- Negotiate and maintain contracts with suppliers, ensuring favorable terms and conditions for our company.
- Monitor and evaluate supplier performance, identifying areas for improvement and implementing corrective actions as needed.
- Develop and implement supplier management strategies to drive efficiency and cost savings for our company.
- Conduct regular market research and analysis to stay informed about industry trends and supplier capabilities.
- Collaborate with internal stakeholders to understand their procurement needs and provide guidance on selecting the most suitable suppliers.
- Ensure compliance with company policies, procedures, and regulations related to supplier management.
- Manage budget and expenses related to supplier management activities.
- Communicate effectively with suppliers to build and maintain strong partnerships.
- Stay updated on industry best practices and implement innovative ideas to continuously improve our supplier management processes.
- Lead and mentor a team of supplier management professionals, providing guidance and support to help achieve team goals.
- Prepare and present reports on supplier performance and other related metrics to senior management.
- Proactively identify potential risks and develop risk mitigation plans to ensure smooth and uninterrupted supply of products and services.
- Uphold the company's reputation by promoting ethical and responsible practices in all supplier relationships.
Strong Knowledge Of Supplier Management And Procurement Strategies: A Successful Candidate For A Manager, Supplier Management Job At Capital One Should Possess A Deep Understanding Of Supplier Management Practices, Including Sourcing, Contract Negotiations, And Vendor Performance Management.
Excellent Communication And Relationship-Building Skills: As A Manager In This Role, Effective Communication And Relationship-Building Skills Are Necessary To Collaborate With Internal Stakeholders, Negotiate With Vendors, And Manage Supplier Relationships In A Professional And Productive Manner.
Proven Experience In Vendor Management: A Qualified Candidate Should Have A Track Record Of Successfully Managing Vendor Relationships, Including Contract Negotiation, Risk Assessment, And Performance Management.
Analytical And Strategic Thinking Abilities: The Manager, Supplier Management Role At Capital One Requires A Candidate With Strong Analytical Skills And The Ability To Think Strategically To Identify Cost-Saving Opportunities, Mitigate Risks, And Optimize Supplier Relationships.
Leadership And Team Management Experience: This Position Involves Leading A Team Of Supplier Managers, So Experience In Managing A Team And Fostering A Positive And Collaborative Work Environment Is Crucial. The Ideal Candidate Should Also Have Strong Leadership Skills To Guide And Mentor Team Members Towards Achieving Common Goals.
Strategic Planning
Project Management
Supply Chain Management
Contract Negotiation
Cost Analysis
Quality Control
Risk assessment
Performance monitoring
Contract compliance
Vendor Relations
Supplier Diversity
Communication
Conflict Resolution
Customer Service
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Manager, Supplier Management in McLean, VA, USA is between $93,700 and $160,000 per year. This range may vary depending on factors such as experience, education, industry, and company size.
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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.
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