Strategic Vendor Management Expert

5 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Qiddiya Investment Company Full time
Job Overview

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.
Requirements
  • 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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