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Vendor Management and Strategic Sourcing Expert

2 months ago

Chicago, Illinois, United States Beacon Hill Full time

Overview: Are you a seasoned expert in vendor relations and strategic sourcing? We are seeking a dedicated Strategic Sourcing and Vendor Management Specialist to enhance our operations at a leading banking institution. This role is crucial for managing and refining our vendor partnerships to align with our SSVM Policy and organizational objectives.

Key Responsibilities:

  • Vendor Oversight: Supervise and manage vendor partnerships throughout the organization, ensuring adherence to SSVM policies and alignment with strategic goals.
  • Supplier Management: Cultivate and sustain key relationships with Strategic Suppliers to foster innovation, enhance cost-effectiveness, and address future needs, in accordance with established supplier relationship management protocols.
  • Proposal and Contract Coordination: Facilitate the management of requests for proposals, bids, and contract negotiations, ensuring clear communication and detailed guidance to the business team.
  • Compliance Guidance: Provide expert advice on sourcing and contracting policies and procedures, ensuring compliance with business requirements.
  • Performance Reviews: Execute vendor performance evaluations, manage scorecards, and ensure adherence to contract stipulations and service commitments.
  • Purchase Order and Contract Management: Assist in the processing and upkeep of purchase orders, contracts, and proposals.
  • Diverse Vendor Certification: Oversee the vendor certification process to guarantee accurate status and necessary documentation for diverse vendors.
  • Preferred Staffing Program: Administer the Preferred Staffing program, evaluate staffing vendor performance, promote the program within the organization, and manage non-employee access requests.
  • Customer Expectations: Actively manage internal and external customer expectations to ensure high levels of satisfaction.
  • Reporting and Metrics: Contribute to the development of management reports, track essential vendor management metrics, and support periodic risk assessments with stakeholders.
  • Audit Participation: Engage in internal and external audits to maintain compliance and operational integrity.
  • Process Improvement: Evaluate and recommend enhancements to operational processes to boost efficiency.
  • Additional Duties: Undertake other related responsibilities as assigned.

Qualifications:

  • Demonstrated experience in strategic sourcing, vendor management, and contract negotiation.
  • Comprehensive understanding of vendor management processes and compliance requirements.
  • Exceptional communication and coordination skills, with a proactive approach to managing expectations.
  • Experience with purchase orders, contracts, and vendor performance metrics.
  • Capability to manage diverse vendor certification processes and staffing programs.
  • Proficiency in developing and analyzing management reports and key performance indicators.
  • Experience in participating in audits and risk assessments.

Beacon Hill is an Equal Opportunity Employer that values the strength diversity brings to the workplace. Individuals with Disabilities and Protected Veterans are encouraged to apply.

Company Profile:

Founded by industry leaders to set a new standard in search, career placement and flexible staffing, we deliver coordinated staffing solutions with unparalleled service, a commitment to project completion and success and a passion for innovation, creativity and continuous improvement.

Our niche brands offer a complete suite of staffing services to emerging growth companies and the Fortune 500 across market sectors, career specialties/disciplines and industries. Over time, office locations, specialty practice areas and service offerings will be added to address ever changing constituent needs.

Learn more about Beacon Hill Staffing Group and our specialty divisions, Beacon Hill Associates, Beacon Hill Financial, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences and Beacon Hill Technologies by visiting our website.

We look forward to working with you.

Beacon Hill. Employing the Future (TM)