Strategic Vendor Development Manager

6 days ago


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

The Senior Manager - Strategic Vendor Management will be responsible for overseeing and optimizing vendor relationships and performance across Qiddiya.

Key Responsibilities
  1. Develops and negotiates IT contracts, ensuring favorable terms and alignment with organizational goals.
  2. Manages relationships with IT vendors, ensuring delivery of goods and services according to agreed-upon terms.
  3. Collaborates with procurement and legal teams to optimize vendor partnerships.
  4. Responsible for managing key vendor relationships, driving value creation, and mitigating risks associated with vendor partnerships.
  5. Establishes and maintains strong relationships with key vendors, ensuring alignment on strategic objectives and performance metrics.
  6. Collaborates with internal stakeholders to understand their vendor needs and align vendor capabilities accordingly.
  7. Negotiates contracts and agreements to ensure favorable terms, commitment to quality and delivery, and compliance with local regulations.
  8. Leads initiatives for vendor innovation and technology partnerships, exploring opportunities for new solutions and efficiency gains.
Requirements
  1. Bachelor's degree in business administration, supply chain management, finance, procurement, or a related field is often required.
  2. Prefer candidates with a master's degree or MBA.
  3. 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.
  4. Strong negotiation and contract management skills, with experience in managing complex vendor relationships.
  5. Knowledge of local and international vendor markets, especially within sectors including construction, entertainment, or tourism.
  6. Excellent analytical and problem-solving skills, with a data-driven approach to vendor performance management.
  7. Strong communication and interpersonal skills, with the capability to influence and engage stakeholders at all levels.
  8. Fluency in English is required; proficiency in Arabic is highly desirable.
  9. 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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