Technology Portfolio Vendor Manager

2 weeks ago

Franklin Lakes, United States BD Full time

**Job Description Summary**: The Technology Portfolio Vendor Manager will manage and monitor a set portfolio to ensure BD gets the best out of their financial investments. The manager will oversee the overall technology vendor objectives and risks by using metrics and data visualization effectively to report on portfolio performance and support decision-making at the team or organizational level. Be a member of the team and the lead of your portfolio and provide financial insight, roadmap planning and advisory services to a portfolio of assigned vendors. Provide sound advice and strategies based on vendor landscape. Help create common practices, tools, and templates for portfolio and project management, and ensure compliance with company and legal standards.

This position will report to the Associate Director, Technology & Global Services Strategic Vendor Relationship Management.

We are** the makers of possible**

BD is one of the largest global medical technology companies in the world. Advancing the world of health is our Purpose, and it’s no small feat. It takes the imagination and passion of all of us—from design and engineering to the manufacturing and marketing of our billions of MedTech products per year—to look at the impossible and find transformative solutions that turn dreams into possibilities.

We believe that the human element, across our global teams, is what allows us to continually evolve. Join us and discover an environment in which you’ll be supported to learn, grow and become your best self. Become a **maker of possible** with us.

**Responsibilities**
- Manage day-to-day portfolio activities and establish working plan for each vendor within the portfolio.
- Analyze and monitor performance, invoicing, PO’s (if applicable) and approved vendor roadmap.
- Assist in planning & lead facilitation of business reviews and checkpoint meetings.
- Analyze key performance indicators to produce reports on portfolio and projects being worked on by vendors within said portfolio.
- Bring up issues that threaten portfolio and project success.
- Communicate with vendor partners about their performance.
- Align with other portfolio managers to ensure that the company investments are being effectively monitored and that returns are being improved based upon the agreed objectives.
- Align with other portfolio managers to determine if there are duplicates of capabilities and recommend resolutions.
- Manage and minimize risk of assigned portfolio.
- Partner with business partners, regions, procurement & data teams to maintain up-to-date and complete performance data for portfolio reviews.
- Attend industry conferences and participate on panels to facilitate information flow, individual growth and understand other F500 standard processes.
- Contribute to ongoing portfolio strategy development, rationalizing the vendor landscape to understand when to downsize, add or replace vendors within the portfolio.
- Conduct an annual SWOT analysis on each vendor within each portfolio. Be responsible for sharing quarterly portfolio reviews.
- Share portfolio spend, how we are optimizing each vendor via contracts and pricing while managing SLA’s and credits.
- Manage renewals.
- Ensure all partners are included in renewal terms and that renewals are not last minute.
- Work with all collaborators to ensure feedback is included in QBR, annual and renewal feedback.

**Requirements**:

- Minimum of 3 years of IT vendor management, portfolio management and financial management experience.
- Generalist mentality with strong analytical skills and ability to act in an entrepreneurial setting decisively, yet in a disciplined manner.
- Ability to influence and break down silos within an organization as well across organizations.
- Ability to understand the mapping of organizational vision and contribute ideas. Ability to communicate complex business challenges in a simplified manner. Ability to influence partners/team members in written and oral communications.
- Ability to lead change using positive and collaborative methods.
- Highly collaborative work style which includes working optimally across all organizational levels.
- Experience working in a highly matrixed organization and in overcoming ambiguity.
- Leading by example, mentoring, and inspiring others all around you.
- Superior analytical, evaluative, and problem-solving abilities.
- Excellent judgment and decision-making skills.
- Able to align and work with diverse global partners.
- Strong humility, listening, creativity, and negotiation skills.
- Accept ownership.
- Personal integrity and an ability to maintain confidentiality of company and client information.

For certain roles at BD, employment is contingent upon the Company’s receipt of sufficient proof that you are fully vaccinated against COVID-19. In some locations, testing for COVID-19 may be available and/or required. Consistent with BD’s Workplace Accommodations Policy, requests for accommoda

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