Vendor Management Specialist Job in Johannesburg
Job Description
Vendor Management Specialist Job. In the realm of supply chain management, the Vendor Management Specialist assumes a critical role in ensuring seamless relationships with suppliers and vendors. They collaborate closely with internal stakeholders to mitigate risks, negotiate favorable terms, and drive cost savings. With meticulous attention to detail and strong analytical skills, the Vendor Management Specialist facilitates productive partnerships that contribute to the overall success and competitiveness of the organization.
Responsibilities of Vendor Management Specialist Job
- Coordinating internal stakeholders with external partners across the group for these key vendor engagements.
- Provide ongoing advice and guidance to businesses on operational and tactical vendor management.
- Display assertiveness and sound influencing skills in challenging businesses on identified material risks.
- Facilitate problem resolution (where needed) and ensure operational and tactical supplier relationships are protected in line with contractual agreements.
- Understand and enable the design standards, protocols, and parameters for vendor and contract management.
- Partner with businesses to maintain ongoing awareness of their engagements with vendors.
- Advise and support ongoing vendor delivery with business in line with agreed expectations.
- Collaborate effectively with risk and compliance on vendor impacts, and help businesses drive these requirements that impact a vendor partner.
Requirements
- Have a degree, (B Com, B Com Hons, BSc, BSc Hons, BSc Engineering, Supply Chain Degree).
- 5-7 years of progressive experience in a Vendor management and/or procurement role in a similar-sized organization.
- Have 2-3 years of experience in ICT.
- Ideally CIPS certification.
- Comprehensive knowledge of applicable concepts and methodologies around vendor management.
- Extensive working experience in Vendor Management, relationship management, and related functions within the banking industry is preferred.
- Understanding of governance structures and frameworks used to manage vendor management programs and vendor risk mitigation and oversight.
- Ability to analyze data, interpret results, and provide recommendations when required.
- Advanced analytical skills to resolve complex issues/problems within the vendor management area.
- Excellent Business acumen.
