
Vendor Management Specialist
We are seeking a highly organized and detail-oriented individual to join our team as a Vendor Management Specialist at First Data. In this role, you will be responsible for managing our vendor relationships, ensuring that our vendors meet our company's standards and expectations. The ideal candidate will have a strong understanding of vendor management processes and possess excellent communication and negotiation skills. If you are a self-motivated and resourceful individual who thrives in a fast-paced environment, we encourage you to apply for this exciting opportunity.
- Develop and maintain strong relationships with vendors to ensure smooth and efficient business operations.
- Monitor vendor performance and compliance with company standards and expectations.
- Negotiate vendor contracts and terms to ensure the best value for the company.
- Conduct regular vendor assessments and evaluations to identify areas for improvement.
- Collaborate with cross-functional teams to identify and address vendor-related issues.
- Track and analyze vendor data and metrics to inform decision-making and identify cost-saving opportunities.
- Communicate effectively with vendors to resolve any conflicts or issues that may arise.
- Maintain accurate and up-to-date records of all vendor information, contracts, and correspondence.
- Stay updated on industry trends and best practices in vendor management to continuously improve processes.
- Proactively identify potential risks and develop contingency plans to mitigate them.
- Provide support and guidance to other team members regarding vendor management processes.
- Ensure compliance with company policies and procedures related to vendor management.
- Manage budget and spending related to vendor contracts and services.
- Continuously seek opportunities to improve efficiency and reduce costs in vendor management processes.
- Collaborate with vendors to implement new processes and procedures to enhance business operations.
Bachelor's Degree In Business Administration, Supply Chain Management, Or A Related Field.
Minimum Of 3-5 Years Of Experience In Vendor Management Or Procurement, Preferably In The Financial Services Industry.
Proven Track Record Of Successfully Managing Vendor Relationships And Negotiating Contracts.
Strong Analytical Skills And Ability To Interpret Data To Make Informed Decisions.
Excellent Communication And Interpersonal Skills, With The Ability To Collaborate Effectively With Internal Stakeholders And External Vendors.
Contract Management
Vendor Management
Contract Negotiation
Budget management
Cost Analysis
Quality Control
Risk assessment
Supplier Relationships
Supplier Diversity
Procurement Strategies
Vendor Performance Evaluation
Communication
Conflict Resolution
Leadership
Problem Solving
Time management
creativity
Organization
Teamwork
collaboration
Adaptability
According to JobzMall, the average salary range for a Vendor Management Specialist in Alpharetta, GA, USA is approximately $60,000 to $80,000 per year. This can vary depending on the specific company, years of experience, education level, and additional skills and certifications. Vendors Management Specialists in Alpharetta may also receive benefits such as health insurance, retirement plans, and bonuses.
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