Director of Vendor Management

Vintti stands at the forefront of economically advantageous staffing solutions for US businesses. By facilitating partnerships between American companies and Latin American professionals, we offer a pathway to reduced operational costs without sacrificing quality. Our approach enables businesses to reinvest savings into core areas, fostering growth and enhancing overall market competitiveness.

The Director of Vendor Management is a pivotal role that oversees an organization's vendor relationships, ensuring optimal performance, cost-effectiveness, and strategic alignment with business goals. This professional coordinates and negotiates contracts, monitors vendor compliance, and establishes long-term partnerships to drive value and efficiency. They are responsible for developing and executing vendor management strategies, resolving issues, and fostering collaboration between internal teams and external suppliers. The role necessitates strong leadership, analytical acumen, and excellent communication skills to maintain high standards of service and maximize procurement benefits.

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Minimum of 8-10 years of experience in vendor management, procurement, or supply chain management.
- Proven experience in contract negotiation and vendor performance management.
- Strong analytical skills with the ability to use data to drive decision-making.
- Excellent communication and interpersonal skills.
- Ability to manage and resolve conflicts effectively.
- Strong organizational and project management skills.
- Proficiency in vendor management software and tools.
- In-depth understanding of vendor management best practices and market trends.
- Experience in conducting performance reviews and audits.
- Strong risk management and problem-solving skills.
- Ability to collaborate and coordinate with internal teams and stakeholders.
- Experience in managing multiple vendors and optimizing vendor base.
- Knowledge of legal and compliance aspects of contract management.
- Proven ability to lead and mentor a team.
- Strong presentation and reporting skills.
- Ability to work under pressure and meet tight deadlines.
- Strong financial acumen and cost-benefit analysis skills.
- Experience in process improvement and innovation initiatives.

- Develop and execute vendor management strategies to align with organizational objectives.
- Negotiate contract terms, pricing, and service level agreements with vendors.
- Monitor vendor performance utilizing quantitative metrics and qualitative assessments.
- Conduct regular performance reviews and audits to ensure vendor compliance.
- Manage relationships with key vendors to enhance collaboration and service delivery.
- Resolve disputes and performance issues with vendors promptly.
- Coordinate with internal teams to address vendor-related requirements and challenges.
- Identify and evaluate new vendors to diversify and optimize the vendor base.
- Prepare reports and presentations on vendor performance for senior management.
- Ensure timely and accurate processing of vendor payments.
- Stay informed on market trends to implement best vendor management practices.
- Maintain a centralized database of vendors, contracts, and performance metrics.
- Oversee vendor onboarding to ensure compliance with company policies.
- Collaborate with legal and compliance teams to manage contract renewals and amendments.
- Implement risk management strategies to mitigate supply chain disruptions.
- Lead vendor meetings and working groups to align objectives and resolve issues.
- Conduct cost-benefit analysis to assess vendor partnership viability.
- Oversee the implementation and operation of vendor management software.
- Provide guidance and support to the vendor management team.
- Foster a culture of continuous improvement and innovation within the team.

The ideal candidate for the Director of Vendor Management role will be a strategic thinker with a proven ability to develop and implement effective vendor management strategies that align with organizational objectives. This seasoned professional will have a minimum of 8-10 years of experience in vendor management, procurement, or supply chain management, and will be adept at negotiating favorable contract terms and pricing. They will possess strong analytical skills for assessing vendor performance through data-driven metrics, coupled with an exceptional ability to communicate and build lasting relationships. The perfect candidate will be detail-oriented with thorough expertise in conducting performance reviews and audits, and will excel in conflict resolution to efficiently manage vendor disputes. Highly organized and proficient in project management, they will be skilled in using vendor management software to streamline processes. Their deep understanding of market trends and vendor management best practices, coupled with a proactive approach to risk management, will set them apart. Additionally, they will be a collaborative team player capable of coordinating effectively with internal and external stakeholders, and will demonstrate leadership qualities through mentoring and guiding their team. Exhibiting high integrity and ethical conduct, the candidate will also showcase innovative thinking to foster a culture of continuous improvement. Their excellent presentation and reporting skills, ability to thrive under pressure, and strong financial acumen will round out their comprehensive skill set, making them the perfect fit for this role.

- Develop and implement strategies for vendor management to align with organizational goals.
- Negotiate contract terms, pricing, and service level agreements with vendors.
- Monitor vendor performance through quantitative metrics and qualitative assessments.
- Conduct regular vendor performance reviews and audits to ensure compliance with contractual obligations.
- Manage and nurture relationships with key vendors to enhance collaboration and service delivery.
- Analyze and resolve vendor disputes and performance issues promptly.
- Coordinate with internal teams to address vendor-related requirements and challenges.
- Identify and evaluate potential vendors to diversify and optimize the vendor base.
- Prepare reports and presentations on vendor performance and strategies for senior management.
- Ensure timely and accurate payment processing for vendor invoices.
- Stay abreast of market trends to implement best practices in vendor management.
- Develop and maintain a centralized database of vendors, contracts, and performance metrics.
- Oversee the vendor onboarding process, ensuring compliance with company policies and standards.
- Collaborate with legal and compliance teams to manage contract renewals and amendments.
- Implement risk management strategies to mitigate potential disruptions in the supply chain.
- Lead vendor meetings and working groups to align objectives and resolve issues.
- Conduct cost-benefit analysis to determine the viability of vendor partnerships.
- Oversee the implementation of vendor management software and tools.
- Provide guidance and support to team members on vendor management practices.
- Foster a culture of continuous improvement and innovation within the vendor management team.

- Strategic thinker with the ability to develop and implement effective vendor management strategies.
- Strong negotiator capable of securing favorable contract terms and pricing.
- Analytical mindset to assess vendor performance using data-driven metrics.
- Exceptional communicator with strong interpersonal skills.
- Conflict resolution skills to manage and resolve vendor disputes efficiently.
- Highly organized with strong project management capabilities.
- Proficient in using vendor management software and tools.
- Deep understanding of market trends and vendor management best practices.
- Detail-oriented and thorough in conducting performance reviews and audits.
- Adept at implementing risk management strategies.
- Collaborative team player who can coordinate effectively with internal and external stakeholders.
- Proven leadership qualities with the ability to mentor and guide a team.
- High level of integrity and ethical conduct.
- Innovative thinker who fosters a culture of continuous improvement.
- Excellent presentation and reporting skills.
- Ability to thrive under pressure and meet tight deadlines.
- Financially savvy with strong cost-benefit analysis skills.
- Committed to maintaining compliance with legal and contractual requirements.

- Competitive salary range of $120,000 to $150,000 annually
- Comprehensive health, dental, and vision insurance plans
- Retirement savings plan with company matching contributions
- Generous paid time off (PTO) and holiday schedule
- Flexible work hours and remote work opportunities
- Professional development and continuing education reimbursement
- Employee wellness programs and resources
- Life and disability insurance coverage
- Performance-based bonuses and incentive plans
- Access to company-sponsored events and networking opportunities
- Employee assistance program (EAP) for personal and work-related support
- Subscription discounts to professional journals and industry publications
- On-site fitness center or gym membership discounts
- Relocation assistance for eligible candidates
- Tuition reimbursement for further education and certifications
- Opportunities for career advancement and internal promotions
- Transportation and commuter benefits
- Access to company-sponsored volunteer and community service activities
- Annual company retreats and team-building events