Senior Manager - Strategic Vendor Management

Qiddiya Investment Company; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Senior Manager - Strategic Vendor Management to oversee vendor relationships in line with Saudi Arabia's Vision 2030 initiative. This role is pivotal in driving operational excellence through strategic partnerships and effective vendor management. The ideal candidate will have extensive experience in vendor management, strong negotiation skills, and the ability to collaborate with various stakeholders. Join a dynamic team focused on innovation and performance improvement, where your expertise will contribute significantly to the organization's success and growth.

Qualifications

• 9+ years of experience in vendor management or procurement.
• Strong negotiation and contract management skills required.

Responsibilities

• Manage IT vendor contracts, ensuring favorable terms and delivery.
• Collaborate with teams to optimize vendor partnerships and performance.

Skills

Negotiation Skills

Vendor Management

Contract Management

Analytical Skills

Problem-Solving Skills

Communication Skills

Education

Bachelor's degree in Business Administration

Master's degree or MBA

Job description

As a pivotal component of Qiddiya's ambitious development under Saudi Arabia's Vision 2030 initiative, the Senior Manager - Strategic Vendor Management will play a crucial role in overseeing and optimizing vendor relationships and performance across the organization. This position is designed for a candidate with extensive experience in vendor management and procurement strategies, focused on fostering strategic partnerships that drive operational excellence and value creation.

Key Responsibilities

• Specializes in managing and overseeing IT contracts. Develops, negotiates, and reviews contracts with IT vendors, ensuring that terms and conditions are favorable and aligned with organizational goals.
• Manages relationships with IT vendors, negotiating contracts, and ensuring the delivery of goods and services according to agreed-upon terms.
• Collaborates with procurement and legal teams to optimize vendor partnerships.
• Responsible for managing key vendor relationships, driving value creation, and mitigating risks associated with vendor partnerships to support the organization's objectives.
• Establish and maintain strong relationships with key vendors, ensuring alignment on strategic objectives and performance metrics.
• Collaborate with internal stakeholders to understand their vendor needs and align vendor capabilities accordingly.
• Negotiate contracts and agreements to ensure favorable terms, commitment to quality and delivery, and compliance with local regulations.
• Lead initiatives for vendor innovation and technology partnerships, exploring opportunities for new solutions and efficiency gains.

Desired Candidate Profile

• Bachelor's degree in business administration, supply chain management, finance, procurement, or a related field is often required.
• Prefer candidates with a master's degree or MBA.
• Minimum of 9 years of experience in vendor management, procurement, or contract management, with a proven track record in large-scale projects, with at least 3-5 years in a leadership or managerial role.
• Strong negotiation and contract management skills, with experience in managing complex vendor relationships.
• Knowledge of local and international vendor markets, especially within sectors including construction, entertainment, or tourism.
• Excellent analytical and problem-solving skills, with a data-driven approach to vendor performance management.
• Strong communication and interpersonal skills, with the capability to influence and engage stakeholders at all levels.
• Fluency in English is required; proficiency in Arabic is highly desirable.
• Experience in developing and implementing vendor risk management frameworks and performance improvement plans.

Offering a comprehensive compensation and benefits package.