Vendor Management Specialist at BPG LLC dba J-Tech – Chester Springs, Pennsylvania

Vendor management Specialist

The Vendor Management Specialist is responsible for building and maintaining strong relationships with suppliers, ensuring compliance with contractual agreements, and driving supplier performance. This role focuses on monitoring, evaluating, and improving supplier partnerships to meet company goals in cost, quality, and delivery, and collaboration with internal stakeholders to drive continuous improvement and optimize procurement processes.

Key Responsibilities

1. Supplier Relationship Management

• Establish and maintain long-term relationships with key vendors.
• Act as the primary point of contact for supplier inquiries and issue resolution.

2. Performance Monitoring

• Track and evaluate supplier performance using key performance indicators (KPIs).
• Conduct regular supplier reviews and audits to ensure quality and compliance.

3. Risk Management

• Identify and mitigate risks associated with supplier performance and supply continuity.
• Develop contingency plans for critical supplier dependencies.

4. Contract Management

• Ensure supplier contracts align with company policies and objectives.
• Manage contract renewals, amendments, and compliance tracking.

5. Collaboratiotn and Reporting

• Collaborate with internal teams to understand business requirements and supplier performance impact.
• Provide regular reports on supplier performance, cost savings, and risk assessments.

Skills required:

• ERP system: Proficient in using Global Shop for efficient procurement and data management.

• Data Analysis: Advanced proficiency in Microsoft Excel for analyzing data and reports.

• Attention to Detail: Ensuring accuracy in contracts, quotes, and other elements.

• Strong Negotiation Abilities: Expertise in strategic sourcing, vendor benchmarking, and securing favorable terms.

• Problem-Solving under pressure: Capable of making sound decisions in high-stakes and time-sensitive situations.

• Effective Communication: Skilled in engaging stakeholders and maintaining productive supplier relationships.

• Time Management: Adept at prioritizing tasks to manage multiple suppliers and projects efficiently.

Pay is negotiable based on experience and skill set.