Supplier Development Manager
Operations

Supplier Development Manager

Looking to hire your next Supplier Development Manager? Here’s a full job description template to use as a guide.

121000
yearly U.S. wage
48400
yearly with Vintti

* Salaries shown are estimates. Actual savings may be even greater. Please schedule a consultation to receive detailed information tailored to your needs.

About Vintti

Vintti is a cutting-edge staffing agency revolutionizing the way US companies build their teams. Leveraging advanced technology and embracing the power of remote work, we connect SMBs, startups, and firms across the United States with top-tier talent from Latin America. Our platform seamlessly integrates professionals into US business ecosystems, regardless of physical borders. Vintti operates on the principle of a borderless future of work, where skills and expertise trump geographical constraints.

Description

A Supplier Development Manager is integral to optimizing a company's supply chain by fostering and maintaining strong relationships with suppliers. This role involves evaluating and enhancing supplier performance, ensuring quality standards are met, and driving continuous improvement initiatives. Supplier Development Managers work closely with suppliers to address production issues, negotiate contracts, and implement strategies to reduce costs and increase efficiency. They play a key role in risk management, ensuring that the supply base remains robust and resilient to disruptions, ultimately contributing to the overall competitiveness and success of the organization.

Requirements

- Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or a related field.
- Minimum of 5 years of experience in supplier development, procurement, supply chain management, or a related field.
- Strong knowledge of supply chain management principles, practices, and processes.
- Proven experience in supplier evaluation, auditing, and performance improvement.
- Excellent negotiation skills and experience in contract management.
- Ability to analyze and interpret supplier performance data and metrics.
- Strong problem-solving skills and the ability to resolve supply chain issues promptly.
- Effective interpersonal skills for building and maintaining strong supplier relationships.
- Experience collaborating with cross-functional teams.
- Knowledge of industry trends and best practices in supplier management.
- Excellent communication and presentation skills.
- Proficiency in Microsoft Office Suite and supplier management software.
- Willingness to travel as needed for supplier audits, assessments, and relationship management.
- Leadership and mentorship skills for training team members on supplier development.

Responsabilities

- Evaluate potential suppliers for compatibility with company standards.
- Conduct regular supplier audits to ensure compliance with quality, cost, and delivery metrics.
- Develop and implement performance improvement plans for suppliers.
- Collaborate with internal teams like procurement, quality assurance, and production.
- Negotiate contracts and agreements with suppliers.
- Monitor and analyze supplier performance metrics and generate reports.
- Resolve supply chain disruptions and quality issues promptly.
- Foster and maintain strong relationships with key suppliers.
- Lead supplier meetings and workshops.
- Stay updated on industry trends and best practices.
- Support new product development by coordinating with suppliers.
- Maintain accurate records of supplier interactions and performance data.
- Travel to supplier sites for audits and relationship building.
- Train and mentor team members on supplier development processes.

Ideal Candidate

The ideal candidate for the Supplier Development Manager role holds a Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or a related field and brings at least five years of experience in supplier development, procurement, or supply chain management. This individual possesses strong knowledge of supply chain principles and practices, with proven expertise in supplier evaluation, auditing, and performance improvement. They have a demonstrated ability to analyze supplier performance data critically, make data-driven decisions, and resolve supply chain issues promptly. The candidate excels in negotiation, contract management, and successfully maintains and enhances supplier relationships. With excellent communication and interpersonal skills, they effectively collaborate with cross-functional teams and lead supplier meetings and workshops confidently. They exhibit strong organizational and project management capabilities, demonstrating a proactive and results-oriented approach with high flexibility and adaptability. The ideal candidate thrives in fast-paced environments, consistently applying strategic thinking and planning abilities. They also display strong leadership and mentorship qualities, ensuring the continuous improvement and training of team members. Integrity, ethical standards, and a commitment to continuous learning and improvement are paramount, complemented by superior time management skills and the ability to meet tight deadlines efficiently.

On a typical day, you will...

- Evaluate potential new suppliers to identify strengths, weaknesses, and fit with company standards.
- Conduct regular audits of existing suppliers to ensure compliance with quality, cost, and delivery standards.
- Develop and implement supplier performance improvement plans to enhance product quality, reduce costs, and improve delivery times.
- Collaborate with cross-functional teams including procurement, quality assurance, and production to align supplier capabilities with company needs.
- Negotiate contracts and agreements with suppliers to secure advantageous terms and conditions.
- Monitor and analyze supplier performance metrics, generating reports and providing insights to senior management.
- Address and resolve any supply chain disruptions, quality issues, or other supplier-related problems promptly.
- Foster strong relationships with key suppliers to ensure open communication and long-term collaboration.
- Lead supplier meetings and workshops to review performance, introduce new strategies, and discuss expectations.
- Stay updated on industry trends and best practices to continuously improve the supplier management process.
- Support new product development by coordinating with suppliers to ensure timely and quality inputs.
- Maintain accurate records of supplier interactions, performance data, and improvement initiatives.
- Travel as necessary to visit supplier sites for audits, assessments, and relationship building.
- Train and mentor other team members on supplier development processes and best practices.

What we are looking for

- Strong analytical mindset with attention to detail
- Excellent communication and interpersonal skills
- Proven track record of building and maintaining effective supplier relationships
- High level of organizational and project management skills
- Ability to work collaboratively within cross-functional teams
- Proactive and results-oriented approach
- Strong problem-solving capabilities and decision-making skills
- High degree of flexibility and adaptability
- Effective negotiation skills
- Strategic thinking and planning abilities
- Strong leadership and mentorship qualities
- Commitment to continuous improvement and learning
- Ability to thrive in a fast-paced, dynamic environment
- High level of integrity and ethical standards
- Strong time management skills and ability to work under tight deadlines

What you can expect (benefits)

- Competitive salary range based on experience
- Comprehensive health, dental, and vision insurance plans
- 401(k) retirement plan with company match
- Paid time off (PTO) and holiday pay
- Flexible work schedule options
- Opportunities for remote work
- On-site wellness programs and gym membership discounts
- Professional development and training programs
- Tuition reimbursement for further education
- Employee assistance program (EAP) for mental health and well-being
- Career advancement opportunities within the company
- Life insurance and disability coverage
- Employee discounts on company products
- Relocation assistance if necessary
- Performance bonuses and incentive plans
- Company-sponsored social events and team-building activities
- Support for community volunteerism and charitable activities

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