The Vendor Management Expert plays a crucial role in ensuring the smooth operation of various projects and the overall success of the company by acting as a supplier management subject matter expert. Their responsibilities encompass a wide range of tasks related to vendor selection, performance monitoring, and relationship management.

Client Details

Our client is a confidential real estate development company supporting the Vision of the Kingdom.

Description

* Identify and evaluate potential vendors, contractors, suppliers, and service providers.
* Conduct due diligence, including background checks and financial assessments, to assess vendor reliability and capabilities.
* Negotiate contracts and establish terms and conditions with vendors.
* Monitor vendor performance to ensure adherence to contracts, quality standards, and project timelines.
* Develop key performance indicators (KPIs) and service level agreements (SLAs) to measure vendor performance.
* Address performance issues and implement corrective actions when necessary.
* Cultivate and maintain positive relationships with vendors and suppliers.
* Collaborate with vendors to optimize processes, improve quality, and enhance project outcomes.
* Resolve disputes and conflicts between the real estate developer and vendors in a timely and effective manner.
* Continuously assess vendor performance and capabilities for potential improvements.
* Develop vendor performance improvement plans and provide constructive feedback.
* Evaluate vendor suitability for long-term partnerships and growth opportunities.
* Categorize vendors based on the nature of their goods or services, as well as their strategic importance to the real estate development company.
* Identify critical vendors whose performance significantly impacts project success and prioritize their management accordingly.
* Determine vendor classifications such as strategic partners, preferred vendors, or one-time suppliers.
* Create a structured system for categorizing vendors based on criteria like industry expertise, reliability, geographic location, and financial stability.
* Develop a vendor categorization framework that helps in making informed decisions about which vendors to engage for specific projects or services.
* Segment vendors into different tiers or groups, such as primary, secondary, and tertiary, based on their importance and impact on the company's operations.
* Establish specific management strategies and expectations for each vendor segment, with tiered levels of oversight and communication.

Job Offer

* Attractive salary package and benefit structure
* Opportunity to be part of a rapidly growing team and organization

Requirements

* Bachelor's degree minimum qualification
* Experience in managing supplier and vendor relationships across mega projects
* Backgroun in real estate development and construction projects is preferable