A Vendor Manager, or Procurement Manager, represents your organization to vendors. The person in this position finds qualified distributors to meet your company’s needs and negotiates contracts for services and/or supplies. They are also responsible for quality control and timely delivery of resources.
A Vendor Manager should be able to fulfill various duties and responsibilities. The following are some duties and responsibilities a Vendor Manager should be able to execute:
- Negotiating contracts with suppliers
- Assessing the performance of vendors
- Maintaining sufficient inventory
- Routing supplies to appropriate departments
- Ensuring vendor compliance with company standards
- Hiring and training additional purchasing staff
A competitive Vendor Manager will have certain skills and qualifications, including:
- Using supply chain management software
- Performing cost analysis and implementing cost control
- Forecasting inventory and purchasing needs
- Negotiating supply contracts
- Managing the vendor product supply chain
- Evaluating vendor services
