Vendor Coordinator 08J26

A Vendor Coordinator plays a crucial role in managing and overseeing vendor relationships and ensuring that all vendor-related activities align with company objectives. This position involves negotiating contracts, coordinating vendor processes, and maintaining productive partnerships to enhance business operations. The role requires exceptional organizational skills, strong communication capabilities, and the ability to work collaboratively with various departments to optimize vendor performance. Vendor Coordinators are responsible for monitoring vendor compliance, facilitating smooth communication among stakeholders, and ensuring that service levels are consistently met. They are often tasked with problem-solving to resolve any vendor-related issues, ensuring that vendors deliver quality products or services efficiently and on time. The ideal candidate for this position should have a robust understanding of supply chain management and vendor negotiation strategies.

Responsibilities

• Coordinate and maintain effective vendor relationships to ensure optimal performance.
• Negotiate vendor contracts and evaluate terms for best business advantage.
• Monitor vendor compliance and performance against agreed-upon service levels.
• Collaborate with internal departments to align vendor services with company goals.
• Resolve vendor-related issues promptly to avoid disruptions in business operations.
• Analyze vendor proposals and recommend improvements for better service delivery.
• Track vendor performance metrics and prepare detailed reports for management review.
• Assist in developing strategies to leverage vendor resources effectively and efficiently.
• Ensure timely and accurate processing of vendor invoices and payments.
• Conduct regular vendor audits to assess risk and mitigate potential problems.
• Liaise with vendors to facilitate effective communication and problem resolution.
• Maintain an updated database of vendor contacts and contractual agreements.

Requirements

• Bachelor's degree in Business Administration, Supply Chain, or related field required.
• Minimum of three years of experience in vendor management or coordination roles.
• Strong negotiation skills with a proven track record in contract negotiations.
• Excellent communication and interpersonal skills for vendor interactions.
• Ability to multitask and prioritize tasks in a fast-paced environment effectively.
• Proficient in Microsoft Office Suite and experience with vendor management software.
• Strong analytical skills with attention to detail for monitoring vendor performance.