Procurement head of vendor relationship manager Responsibilities include :
Building and managing relationships with vendors that supply products and services to Colt. He / she works to ensure that vendors meet or exceed their contractual obligations by delivering quality products and services on time in order to maximize the value of those interactions.
Contributing to the efficiency, productivity and success of Colt
Acting as functional bridge amongst external vendors as well as internal stakeholders.
Maintain and develop supplier relationships (QBRs, supplier meetings, conferences, etc.)
Develops a supplier management program with key suppliers & Procurement sourcing & Contract teams including metrics, performance goals and improvement initiatives
Ensures to track, measure, report and evaluate vendor performance
Leads stakeholders to develop forecasts for future demand and place orders in a timely fashion based upon vendor lead-time
Monitors the performance of each signed contract, supporting the contract manager
develops induction programs and provide training to familiarize new vendors with the company’s business processes and quality systems.
monitor KPIs such as delivery reliability, quality and accuracy of estimates and invoices
Analyzes vendor performance and generate reports for colleagues in contract management, sourcing and supply chain
Keeps vendors informed on developments in Colt’s organization or changes in market conditions that might affect demand for vendors’ products or services
Continuous vendor audit and credit checks following corporate policies
Manage the SOW in Fieldglass
Improve P2P policy
Manage P&S helpdesk
Drive No PO No Pay compliance
Key performance indicators (financial and non-financial)
Planning of QBRs available
Proper engagement with requestors
Mis-performance managed with contract managers
Vendors matrix & KPIs available
Relationships and key contacts
You will be working closely with the sourcing and contract managers as well as all supplier stakeholder users
You will be in liaising with various requesters and stakeholders within the business as well suppliers.
You will be in constant touch with Colt suppliers
Role specific requirements
Skills & Experience
Minimum 2 years’ experience in Procurement roles
Understanding of market dynamics and sound business judgement
Strong project management and leadership skills
Ability to negotiate and sustain networking relationships
Comfortable with figures and in collecting, analysing and interpreting data
Solid judgement with ability to make good decisions
BSc degree in procurement, supply chain management, logistics or business administration
Self-motivated with inner drive and determination
must be prepared to deal with circumstances not covered in writing.
Good interpersonal skills
Flexible and proactive attitude
good presentation and communication skills
Strong team player
Strong interpersonal and influencing skills
good analytical qualities to monitor and review vendors’ financial and operational performances
Strong analytical skills
Ability to challenge
Unlike a sourcing manager, who works with vendors who want to make him / her happy, a vendor relationship manager has to make the vendors happy.
What we offer :
Colt is a growing business that is investing in its people. We offer skill development, learning pathways and accreditation to help our people perform at their best, regardless of role and location.
In addition to offering competitive salaries and incentive plans, a range of benefits and local rewards packages are offered to staff.
Colt recognizes the importance of a work life balance.
Some benefit examples are :
Flexible working and relaxed dress code
Two days annually to spend on volunteering opportunities
Private medical insurance
Access to a virtual business school for on-going learning