Job Details
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Job Description
Job Description
- Vendor managers facilitate and maintain vendor relationships between businesses and suppliers, negotiating contracts, creating vendor standards, and finding the best available vendors.
- Vendor managers travel to various locations to meet with vendors and go to retail stores, working in office environments at other times.
- Identify suitable vendors, negotiate with vendors to secure the best prices for products and services, and ensure that vendors fulfill their contractual obligations.
Daily Duties:
- Find Vendors: Vendor managers research vendors to find the best products and prices available within a given market.
- Establish Standards: Vendor managers establish standards and guidelines for vendors, monitoring vendors to ensure these policies are being followed.
- Hire New Vendors: Vendor managers conduct interviews and meetings with new vendors.
- Negotiate Contracts: Vendor managers negotiate new and existing vendor contracts.
- Cultivate Relationships: Vendor managers cultivate and maintain relationships with vendors by communicating with them frequently to answer questions and check their satisfaction levels.
- Monitor Sales Trends: Vendor managers monitor sales trends, noting which items are selling faster than others, and write reports displaying this data.
Job Requirements
- Sales – to hire vendors and monitor sales trends
- Interpersonal skills – vendor managers interact with a variety of vendors, speaking with people of all ages and backgrounds
- Critical thinking – to determine the best vendor prices and products available
- Communication – vendor managers use written communication skills to write reports, vendor guidelines, and contractual language
- Computer skills – vendor managers use computers to write reports, perform research, and monitor sales data
- Negotiation skills – to discuss new contracts and rewrite existing contracts with vendors
- Multi-tasking – vendor managers interact with several vendors every day and manage many different daily tasks
- Years of exp: 5-8 in sales or purchasing
- Preferable If He/ She owns a car
