Vendor Manager

Roles & Responsibilities:

1. Contract Renewals and Terminations

- Coordinate contract renewals, extensions, and terminations with the technical application owners.

- Identify opportunities for cost savings or process improvements in vendor contracts.

2. Cost Management

- Monitor and control costs associated with vendor contracts.

- Identify cost-saving opportunities and optimize vendor spend.

3. Contract Management

- Monitor contracts and agreements with vendors, including pricing, terms, and service-level agreements (SLAs).

- Ensure contracts align with the organization's strategic goals and objectives.

4. Contract Compliance

- Monitor vendor performance to ensure compliance with contract terms and conditions.

- Conduct regular audits and assessments of vendor performance.

5. Vendor Performance Evaluation

- Evaluate vendor performance using key performance indicators (KPIs) and metrics

- Conduct regular performance reviews and provide feedback to vendors.

6. Vendor Risk Management

- Assess and mitigate risks associated with vendor relationships, including financial, operational, and reputational risks.

- Develop contingency plans for vendor-related disruptions.

Education:

• Bachelor's degree in a relevant field (e.g., Business, Information Technology).

Experience:

• A minimum of 8 years of experience in information technology, vendor management, or contract administration.
• Proven track record of successfully managing IT venders.