Vendor Management Specialist

As a Vendor Management Specialist, you will be responsible for managing vendor relationships, ensuring compliance with contractual requirements, and resolving issues in a timely manner. The ideal candidate should possess excellent communication and negotiation skills. This role is critical in maintaining our standards and enhancing the company's operational capabilities.

Category: Sports, Fitness, and Recreation - Fitness Instruction
Full-time

• $70,000 - $90,000 / Year

Closing Date: 2025-01-07
Location: Chicago

• Create and manage vendor relationships to enhance collaboration.
• Conduct regular assessments of vendor performance.
• Lead negotiations for contracts and renewals with our vendors.
• Address and resolve vendor disputes efficiently.
• Set expectations for vendor deliverables and track adherence.
• Provide ongoing training to vendors about company policies and processes.
• Implement strategies for cost savings and improved vendor efficiencies.
• Maintain up-to-date knowledge of industry regulations affecting vendor management.
• Work cross-functionally with Supply Chain, Marketing, and Finance teams.
• Prepare detailed reports for upper management on vendor management initiatives and outcomes.

• Bachelor's degree in Business Administration, Supply Chain, or related field
• Microsoft Office Suite (Excel, PowerPoint, Word, Access) High proficiency in MS Office tools for data management.
• Vendor Management Systems (VMS) Skilled in VMS for tracking vendor information and performance.
• Excellent communication Exceptional verbal and written communication skills.
• Problem-solving Strong analytical skills for conflict resolution.
• Organizational skills Ability to manage multiple tasks effectively.
• Certification in Procurement or Supply Chain Management
• English (Fluent)

• Experience in contract negotiation and drafting: Strong background in negotiating contracts with vendors.

• Salary between $70,000 - $90,000 annually.
• Comprehensive benefits package including health, dental, and vision.
• 401(k) retirement plan with company matching.
• Work-life balance with flexible scheduling options.

• Innovation: We encourage new ideas and strive to foster an environment of creativity.
• Integrity: Our business is built on trust and transparency in vendor and employee relations.
• Work-Life Balance: We support our employees' needs for flexibility and personal time.

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