Strategic Vendor Management Expert
5 days ago
The Senior Manager - Strategic Vendor Management will play a pivotal role in overseeing and optimizing vendor relationships and performance across Qiddiya's organization. This position requires 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:- Contract Management: Specializes in managing and overseeing IT contracts, developing, negotiating, and reviewing contracts with IT vendors to ensure favorable terms and alignment with organizational goals.
- Vendor Relationship Management: Manages relationships with IT vendors, negotiating contracts, and ensuring the delivery of goods and services according to agreed-upon terms.
- Procurement Collaboration: Collaborates with procurement and legal teams to optimize vendor partnerships.
- Risk Mitigation: Responsible for managing key vendor relationships, driving value creation, and mitigating risks associated with vendor partnerships to support the organization's objectives.
- Stakeholder Alignment: Establishes and maintains strong relationships with key vendors, ensuring alignment on strategic objectives and performance metrics.
- Internal Stakeholder Engagement: Collaborates with internal stakeholders to understand their vendor needs and align vendor capabilities accordingly.
- Negotiation and Agreement: Negotiates contracts and agreements to ensure favorable terms, commitment to quality and delivery, and compliance with local regulations.
- Innovation and Technology Partnerships: Leads initiatives for vendor innovation and technology partnerships, exploring opportunities for new solutions and efficiency gains.
- Education: 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.
- Experience: Minimum of 9 years of experience in vendor management, procurement, or contract management, with a proven track record in large-scale projects, at least 3-5 years in a leadership or managerial role.
- Negotiation and Contract Management Skills: Strong negotiation and contract management skills, with experience in managing complex vendor relationships.
- Knowledge of Local and International Vendor Markets: Knowledge of local and international vendor markets, especially within sectors including construction, entertainment, or tourism.
- Analytical and Problem-Solving Skills: Excellent analytical and problem-solving skills, with a data-driven approach to vendor performance management.
- Communication and Interpersonal Skills: Strong communication and interpersonal skills, with the capability to influence and engage stakeholders at all levels.
- Linguistic Proficiency: Fluency in English is required; proficiency in Arabic is highly desirable.
- Vendor Risk Management: Experience in developing and implementing vendor risk management frameworks and performance improvement plans.
We offer a comprehensive compensation and benefits package.
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