Vendor Relations, Senior Specialist

Master-Works; Riyadh; In loco; SAR 180.000 - 240.000; Tempo pieno

Descrizione del lavoro

Master Works is seeking a Senior Specialist in Vendor Relations to manage vendor relationships, oversee procurement activities, and administer framework agreements and contracts. The role ensures compliance, efficiency, timely delivery, and effective coordination between internal stakeholders and suppliers.

The position requires 4–5 years in vendor management or procurement, with a Bachelor’s degree in Business Admin/Finance or related field, and strong negotiation skills.

Competenze

• 4–5 years of experience in vendor management, procurement, contracts or supply chain.
• Strong knowledge of procurement processes and framework agreement management.
• Solid understanding of contract administration, work orders, PO pricing, and vendor performance management.
• Excellent communication and negotiation skills.

Mansioni

• Manage vendor relationships and serve as primary contact for commercial and operational matters.
• Oversee procurement activities including RFQs, RFPs, bid evaluations, negotiations, and vendor selection.
• Develop, review, and administer framework agreements, work orders, POs, and amendments.
• Monitor vendor performance against KPIs, SLAs, timelines and deliverables.

Conoscenze

Vendor management

Procurement

Contract administration

Stakeholder management

Negotiation

Formazione

Bachelor's degree in Business Admin/Finance or related

Descrizione del lavoro

Master Works is seeking a Vendor Relations, Senior Specialist responsible for managing vendor relationships, procurement activities, and framework agreements. The role ensures vendor compliance, commercial efficiency, timely delivery, and effective coordination between internal stakeholders and suppliers.

Key Responsibilities:

• Manage relationships with vendors and serve as the primary point of contact for commercial and operational matters.
• Manage procurement activities, including RFQs, RFPs, bid evaluations, negotiations, and vendor selection.
• Develop, review, and administer framework agreements, work orders, purchase orders, and contract amendments.
• Monitor vendor performance against contractual obligations, KPIs, SLAs, timelines, and deliverables.
• Review commercial proposals, pricing structures, and cost breakdowns to ensure competitiveness and value for money.
• Coordinate with procurement, contracts, finance, legal, and business teams throughout the sourcing and contracting lifecycle.
• Track agreement utilization, budgets, invoices, payments, renewals, and remaining contract values.
• Identify contractual, financial, and operational risks and ...
• Support vendor performance reviews and implement corrective action plans when required.
• Maintain accurate records of contracts, vendor documents, approvals, and related correspondence.
• Ensure compliance with internal procurement policies, governance requirements, and applicable regulations.

• Bachelor’s degree in Business Administration, Finance or a related field.

• 4–5 maximum years of relevant experience in vendor management, procurement, contracts, or supply chain.
• Strong experience in procurement processes and framework agreement management.
• Solid knowledge of contract administration, work orders, purchase orders, pricing evaluation, and vendor performance management.
• Procurement and strategic sourcing.
• Framework agreement management.
• Vendor relationship and performance management.
• Commercial evaluation and negotiation.
• Contract and work-order administration.
• Budget, invoice, and payment tracking.
• Risk identification and issue resolution.
• Stakeholder management.
• Reporting and data analysis.
• Strong communication and negotiation skills.

Job Location:
Client Site