Supplier Relationship Coordinator
Operations

Supplier Relationship Coordinator

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

63000
yearly U.S. wage
25200
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 dynamic staffing agency bridging the gap between Latin American talent and US-based businesses. We specialize in connecting skilled professionals from Latin America with small and medium-sized businesses, startups, and firms across the United States. Our mission is to provide top-tier staffing solutions that enable US companies to access a diverse pool of talented individuals while offering exciting career opportunities to Latin American professionals. By leveraging our extensive network and deep understanding of both markets, Vintti facilitates mutually beneficial partnerships that drive growth and innovation for our clients and candidates alike.

Description

A Supplier Relationship Coordinator plays a crucial role in managing and optimizing the relationships between a company and its suppliers. This position involves monitoring supplier performance, negotiating contracts, and ensuring compliance with procurement policies. The coordinator works closely with various departments to align supplier capabilities with the organization's strategic goals, fostering strong partnerships that drive efficiency and cost-effectiveness. By maintaining open lines of communication, resolving conflicts, and facilitating regular reviews, the Supplier Relationship Coordinator helps secure quality materials and services essential for business operations.

Requirements

- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- Minimum of 3-5 years’ experience in supplier relationship management or a similar role.
- Strong negotiation and contract management skills.
- Excellent interpersonal and communication skills.
- Proficiency with supplier performance management tools and software.
- Ability to analyze data and make informed decisions.
- Strong problem-solving and conflict resolution abilities.
- Knowledge of market trends and supply chain management principles.
- Highly organized with strong attention to detail.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
- Ability to work collaboratively with cross-functional teams.
- Knowledge of industry regulations and compliance standards.
- Experience with cost management and budgeting.
- Ability to manage multiple tasks and prioritize effectively.
- Strong presentation skills.
- Experience in conducting supplier audits.
- Project management skills.
- Familiarity with risk management strategies in supply chain.
- Proven ability to develop and implement improvement strategies.
- Mentorship or training experience advantageous.

Responsabilities

- Maintain strong, positive relationships and communication with suppliers.
- Monitor and analyze supplier performance using KPIs and metrics.
- Conduct regular supplier reviews and provide constructive feedback.
- Negotiate contracts and agreements for optimal value.
- Resolve supplier issues and disputes promptly and professionally.
- Develop and implement strategies to enhance supplier management efficiency.
- Keep accurate records of supplier communications, contracts, and performance data.
- Collaborate with procurement, finance, and operations to align supplier management with goals.
- Identify and evaluate potential new suppliers to diversify the supplier base and mitigate risks.
- Coordinate supplier onboarding processes, including training and documentation.
- Analyze market trends and supply chain data for informed decision-making.
- Prepare and present supplier performance reports to senior management.
- Ensure compliance with company policies and industry regulations in supplier interactions.
- Track and manage supplier-related costs to support budgeting and cost-saving initiatives.
- Facilitate regular performance and project discussions with suppliers.
- Work with suppliers to implement corrective action plans for identified issues.
- Lead supplier audits and assessments for quality and regulatory compliance.
- Develop and maintain a supplier risk management plan.
- Implement and oversee supplier performance improvement projects.
- Train and support junior team members on best practices in supplier relationship management.

Ideal Candidate

The ideal candidate for the Supplier Relationship Coordinator role will possess a Bachelor’s degree in Supply Chain Management, Business Administration, or a related field, along with a minimum of 3-5 years of experience in supplier relationship management. They will demonstrate strong negotiation and contract management skills, complemented by excellent interpersonal and communication abilities, allowing them to navigate complex supplier interactions effectively. Proficiency with supplier performance management tools and software, coupled with a strong analytical mindset, will enable them to interpret data and make informed decisions. The candidate will have a proven track record of problem-solving and conflict resolution, ensuring that any supplier issues are resolved promptly and professionally. They will be highly organized, with a keen attention to detail and the ability to manage multiple tasks while prioritizing effectively. Knowledge of market trends and supply chain management principles, combined with familiarity with industry regulations and compliance standards, will be essential. The ideal candidate will exhibit strong presentation skills, project management expertise, and an ability to collaborate with cross-functional teams, driving continuous improvement in supplier performance. Additionally, they will demonstrate leadership potential, a proactive and self-motivated approach, and a commitment to maintaining high levels of integrity and ethical standards. A strategic thinker and resilient professional, this candidate will be adaptable to changing environments, goal-oriented, and capable of mentoring and training junior team members, supporting the overall success of the supplier relationship management function.

On a typical day, you will...

- Communicate with suppliers to maintain strong, positive relationships and open lines of communication.
- Monitor supplier performance using key performance indicators (KPIs) and metrics.
- Conduct regular supplier reviews and provide feedback to ensure continuous improvement.
- Negotiate contracts and agreements to achieve the best value for the company.
- Resolve any issues or disputes that arise with suppliers in a timely and professional manner.
- Develop and implement strategies to improve the efficiency and effectiveness of supplier management.
- Maintain accurate records of supplier communications, contracts, and performance data.
- Collaborate with internal teams such as procurement, finance, and operations to align supplier management with organizational goals.
- Identify and assess potential new suppliers to diversify the supplier base and reduce risk.
- Coordinate supplier onboarding processes, including training and documentation.
- Analyze market trends and supply chain data to make informed decisions about supplier relationships.
- Prepare and present reports on supplier performance to senior management.
- Ensure compliance with company policies and industry regulations in all supplier interactions.
- Track and manage supplier-related costs to support budgeting and cost-saving initiatives.
- Facilitate regular meetings with suppliers to discuss performance, expectations, and upcoming projects.
- Work with suppliers to develop and implement corrective action plans for any identified issues.
- Lead supplier audits and assessments to evaluate compliance with quality and regulatory standards.
- Develop and maintain a supplier risk management plan to mitigate potential supply chain disruptions.
- Implement and oversee supplier performance improvement projects.
- Provide training and support to junior team members on supplier relationship management best practices.

What we are looking for

- Strong relationship-building skills
- Effective communicator with both verbal and written skills
- Analytical mindset with the ability to interpret data
- Negotiation aptitude
- Conflict resolution proficiency
- High attention to detail
- Strategic thinker
- Proactive and self-motivated
- Strong organizational skills
- Adaptability to changing environments
- Collaborative team player
- Professionalism in dealing with suppliers
- Decision-making abilities
- Multitasking capability
- Leadership potential
- Commitment to continuous improvement
- Ability to mentor and train others
- Goal-oriented
- High level of integrity and ethical standards
- Resilience under pressure

What you can expect (benefits)

- Competitive salary range: $60,000 - $80,000 annually
- Comprehensive health insurance including medical, dental, and vision coverage
- 401(k) retirement plan with company match
- Paid time off (PTO) including vacation, sick days, and personal days
- Flexible work hours
- Remote work opportunities
- Professional development and training programs
- Tuition reimbursement for relevant courses
- Opportunities for career advancement and growth
- Employee wellness programs
- Life and disability insurance
- Employee assistance program (EAP)
- Performance bonuses
- Team-building events and company-sponsored outings
- Company discounts and perks
- Subsidized commuter benefits
- Access to a corporate gym or fitness benefit
- Parental leave policies
- Inclusive and supportive workplace culture
- Recognition and reward programs

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