Procurement & Vendor Relationship Manager

Wittenbach; Cockeysville (MD); On-site; USD 80,000 - 150,000; Full time

Job summary

A leading company is seeking a Procurement & Vendor Relationship Manager to strategically manage supplier relationships, ensuring timely and cost-effective procurement of high-quality products. The ideal candidate will excel in negotiation, problem-solving, and communication, with a strong background in procurement and vendor management.

Benefits

Medical insurance

Vision insurance

401(k)

Disability insurance

Tuition assistance

Qualifications

• Minimum of 5 years of experience in subcontracting management or a similar role.
• Proven experience in vendor relationship management, procurement, or supply chain management.

Responsibilities

• Manage and optimize relationships with key suppliers and vendors.
• Negotiate part pricing and discounts for cost savings.
• Monitor vendor performance metrics and implement corrective actions.

Skills

Negotiation

Communication

Problem Solving

Time Management

Education

Bachelor's degree in business administration

Bachelor's degree in supply chain management

Tools

Procurement software

Job description

Join to apply for the Procurement & Vendor Relationship Manager role at Wittenbach

2 days ago Be among the first 25 applicants

Join to apply for the Procurement & Vendor Relationship Manager role at Wittenbach

This range is provided by Wittenbach. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$80,000.00/yr - $150,000.00/yr

Direct message the job poster from Wittenbach

This position is a critical role responsible for strategically managing and optimizing relationships with key suppliers and vendors. This position ensures the timely and cost-effective procurement of high-quality products and services, driving operational efficiency and contributing to the company's overall success. The ideal candidate will be a skilled negotiator, a proactive problem-solver, and a strong communicator with a proven track record in procurement and vendor management.

Responsibilities:

• Establish, cultivate, and maintain strong, collaborative relationships with existing and potential vendors.
• Control relationships with suppliers/vendors, ensuring alignment with company goals and standards.
• Seek new relationships to expand vendor networks and explore innovative sourcing opportunities.

Procurement and Negotiation:

• Negotiate part pricing and discounts to achieve optimal cost savings and maintain competitive pricing.
• Develop and manage contracts, ensuring compliance with legal and company requirements.
• Monitor market trends and identify opportunities for cost reduction and process improvement.
• Order Tracking: Monitor order status, follow up with suppliers, and resolve any discrepancies or delays.
• Inventory Monitoring & Maintenance: Track inventory levels in company software to maintain optimal stock levels and avoid shortages or excess stock. Along with determining reorder points based on demand forecasts and lead times to ensure timely replenishment.

Operational Excellence:

• Pressure on timing on receiving products, ensuring on-time delivery and minimizing disruptions to production and operations.
• Service Level Agreements—parts delivery: develop, implement, and monitor service level agreements with vendors, especially regarding parts delivery, to ensure consistent and reliable performance.
• Proactively address and resolve vendor-related issues and disputes.
• Monitor vendor performance metrics and implement corrective actions as needed.
• Investigating, addressing and strategies for minimizing Return Merchandise Authorization (RMA) and Out-of-Box failures.

Visibility and Communication:

• Visibility across all product lines, maintaining a comprehensive understanding of vendor performance and product availability.
• Provide regular reports and updates on vendor performance, market trends, and procurement activities.
• Collaborate with internal stakeholders to ensure alignment on vendor strategies and product requirements.
• Facilitate clear and effective communication between internal teams and external

Requirements

Functional/Technical Skills:

• Proven experience in vendor relationship management, procurement, or supply chain management.
• Strong negotiation, communication, and interpersonal skills.
• Ability to analyze data and make informed decisions.
• Proficient in using procurement software and tools.
• Excellent organizational and time management skills.
• Ability to work under pressure, and to meet deadlines.

Education & Experience:

• Bachelor's degree in business administration, supply chain management, or a related field.
• Minimum of 5 years of experience in subcontracting management or a similar role.

Scope of Accountability:

• Number of Direct Reports: 3
• Number of Indirect Reports: 0

Environmental/Physical Demands:

Physical Functions:

Sedentary Work: Most of the time involves sitting, with occasional standing or walking.

Fine Manual Dexterity: Ability to use fingers and hands to manipulate small objects, such as using a computer or writing.

Near Vision: Ability to see objects within a close distance, such as reading documents or using a computer.

Mental Functions:

Complex Problem Solving: Ability to identify, analyze, and solve complex problems related to subcontracting agreements, performance management, and risk mitigation.

Critical Thinking: Ability to evaluate information, analyze options, and make informed decisions.

Decision Making: Ability to make sound judgments and choices, often under pressure or with limited information.

Active Listening: Ability to pay close attention to what others are saying and understand the implications of their messages.

Persuasion: Ability to influence others through verbal and nonverbal communication to achieve desired outcomes.

Negotiation: Ability to negotiate contracts, resolve disputes, and reach mutually beneficial agreements with subcontractors.

Coordination: Ability to adjust actions to accomplish tasks efficiently and effectively.

Multitasking: Ability to manage multiple subcontracting relationships and projects simultaneously.

Stress Tolerance: Ability to withstand stressful situations, such as dealing with contract disputes or performance issues.

Environmental Functions:

Office Environment: Typically works in an office setting, with exposure to computers, printers, and other office equipment.

Visit vendor facilities, which could involve walking through warehouses or production floors.

Inspect products or materials, which could require bending, lifting, or standing for extended periods.

Driving: Must be able to drive a vehicle for extended periods of time, up to 8 hours per day, consistently.

Travel: May be required to travel to different locations for meetings, site visits, or vendors conventions. Must be able to travel overnight, including flights and overnight hotel stays up to 40% of the time.

Individuals in this role must be comfortable with the challenges associated with extended travel and the potential for disruptions to their routine.

The final salary offer will depend on several factors, including:

• Experience: Your level of experience in the relevant field.
• Knowledge and Skills: Your specific knowledge, skills, and abilities.
• Ability: Your demonstrated ability to perform the job duties effectively.
• Geographic Location: The location of the position can influence salary rates.

The actual salary offer may vary based on individual qualifications and circumstances.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Purchasing, Product Management, and Supply Chain

• Industries

  Security Systems Services

Referrals increase your chances of interviewing at Wittenbach by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Disability insurance

Tuition assistance

Get notified about new Relationship Manager jobs in Hunt Valley, MD.

Sr. Partner Relationship Manager - Hospitality

Linthicum, MD $88,500.00-$141,700.00 3 months ago

Sr. Relationship Manager - PNC Private Bank

Sr. Relationship Manager - PNC Private Bank

Catonsville, MD Territory Account Executive

Relationship Manager I - Business Banking

Lutherville, MD $65,000.00-$80,000.00 2 weeks ago

Dealer Relationship Manager - External Maryland- FIN

Enterprise Account Executive - Mid-Atlantic

Baltimore, MD $100,000.00-$100,000.00 2 weeks ago

Senior Relationship Manager - Business Credit

Baltimore, MD $186,500.00-$252,400.00 2 weeks ago

Account Executive - Core Commercial - Baltimore (Baltimore, Maryland, United States, 21093)

Columbia, MD $91,061.75-$179,427.59 1 week ago

Business Banking Sr Relationship Manager, Timonium, MD

Baltimore, MD $150,000.00-$175,000.00 1 day ago

Baltimore, MD $151,400.00-$278,900.00 2 weeks ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.