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Strategic Vendor Management Specialist

1 month ago


Chicago, Illinois, United States The Midtown Group Full time
Job Description

Our client is seeking a highly skilled Vendor Management Consultant to join their team on a remote basis for a 6-month assignment with possible extensions. The ideal candidate will have a strong background in procurement and contract negotiation, with a proven track record of driving value for clients through effective vendor management.

The Vendor Management Consultant will be responsible for proactively engaging and driving strategy in line with corporate objectives, while supporting the management of a portfolio of BCBSA vendors. This will involve contract management, relationship management, and regular interaction with management from strategic and preferred suppliers.

The successful candidate will have a comprehensive understanding of procurement policies and regulations, as well as strong analytical and technical skills. They will be able to manage priorities and procurement timelines through analytical capabilities, and have a general knowledge of accounting, finance, and marketing.

Key Responsibilities:

  • Execute on vendor-specific management strategies.
  • Manage the IT resource outsourcing contracting process between outsourced vendors, legal, key stakeholders, and finance.
  • Collaborate with key business stakeholders to understand business requirements and vendor performance; support the implementation of appropriate vendor management strategies.
  • Support the relationship survey process and vendor performance reviews for strategic/complex relationships.
  • Ensure compliance with enterprise policies and procedures.
  • Deliver financial optimization by driving compliance to contractual agreements.

Requirements:

  • 4-year college degree.
  • At least 5 years of experience.
  • 3 years of IT labor contract negotiating and managing vendors.
  • Minimum of 3 years of sourcing and/or vendor management experience.
  • Work experience in category management, supply chain, vendor management and/or procurement.
  • Comprehensive knowledge of procurement policies and regulations.
  • Strong advocate, familiarity and technical competence with P2P management software (GEP).
  • Competency to manage priorities and procurement timelines through analytical capabilities.
  • General knowledge of accounting, finance, and marketing.
  • Experience at working both independently and in a team-oriented, collaborative environment.
  • Experience effectively prioritizing and executing tasks in a high-pressure environment.

Company DescriptionOur client has a great internal culture, and they are a company you can grow with.