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Vendor Management Specialist
3 months ago
Open the door to your dream job and join #TeamMainStreet. With more than 40,000 homes in over 30 markets, Main Street Renewal is one of the largest providers of single-family rental homes across the country. On an annual basis, we recruit and onboard more than 500 vendors working across all home renovation trades such as painting, flooring, HVAC and lawn care. We understand that our employees and our vendor partners are the invaluable drivers of our success. We are seeking a passionate individual who enjoys contributing to a winning team. Here, you'll be a part of a company dedicated to providing a best-in-class vendor management experience.
A day in the life of our Vendor Management Specialist:
The focus of this role is to ensure MSR has ample vendor capacity to meet the needs of our field renovation teams and our vendors are set-up to be successful working at MSR. The role includes executing all activities related to vendor onboarding and ensuring our vendors are ready to work with MSR on Day 1. This role works closely with our Vendor Sourcing Specialists, who are responsible for recruiting our vendors.
Daily Activities
- Identify and recruit vendors for required markets and trades.
- Generate excitement within your network of vendor prospects to partner with MSR.
- Educate and inform vendors about the MSR business lines, processes, and other required information to ensure vendor success.
- Negotiate pricing with vendors to ensure pricing compliance.
- Provide pricing feedback to our procurement leads based on conversations with vendors.
- Mitigate vendor capacity constraints through regular communication and planning with vendors and MSR renovation teams; maintain continuous focus on upcoming vendor needs to ensure sufficient vendor base.
- Provide training to vendors on company expectations, processes and procedures and system usage.
- Strong understanding of local market labor dynamics with ability to sense and navigate labor shortages.
- Develop action plans to mitigate labor shortages.
- Manage vendor relationships to maximize performance and minimize turnover.
- Plan and execute vendor sourcing events and vendor coaching events; may include travel as deemed necessary.
- Implement vendor corrective action plans and replace underperforming vendors, as needed.
- Vendor performance management by creation and monitoring of vendor scorecards and capacity metrics.
- Adjust vendor capacities to ensure efficient distribution of work.
Requirements:
- 2+ years of overall business experience and familiarity with vendor management, supply chain, or procurement functions within a services-based environment.
- Previous sales and relationship management experience strongly preferred.
- Previous construction management experience considered a plus.
Just a few other things you should know:
- This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
