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Director of Strategic Vendor Partnerships

1 month ago

New Hyde Park, New York, United States Northwell Health Full time
Job Title: Director, Vendor Management

Northwell Health is seeking a highly skilled and experienced Director of Vendor Management to lead our Vendor Management Office (VMO). This critical role will be responsible for establishing and overseeing the strategic direction and operational execution of the VMO, ensuring compliance, risk mitigation, and value optimization across the entire organization.

Key Responsibilities:
  • Lead a vendor management group by communicating with and developing staff members, and building consensus for programs and goals that support a business, function, or geographic area.
  • Develop and articulate a short-term strategic vision for areas of responsibility.
  • Responsible for the development and implementation of a comprehensive vendor management strategy aligned with the company's overall business objectives.
  • Establishes and manages a robust vendor governance framework, including vendor risk assessment, due diligence, contract negotiation, and performance management.
  • Builds and maintains strong relationships with key vendors, ensuring collaboration, communication, and proactive issue resolution.
  • Designs and implements policies, processes, and procedures for vendor onboarding, contract management, performance monitoring, and issue escalation.
  • Evaluates and implements appropriate technology solutions to automate and streamline vendor management processes.
  • Leads and develops a high-performing vendor management team, providing guidance, coaching, and mentorship.
  • Develops and tracks key performance indicators (KPIs) related to vendor performance, compliance, and cost optimization.
  • Regularly reports findings and insights to senior management.
  • Ensures compliance with all applicable laws, regulations, and industry best practices in vendor management. Proactively identifies and mitigates potential risks related to vendor engagement.
  • Stays abreast of industry trends and best practices in vendor management and continuously seeks opportunities to enhance the VMO's effectiveness.
  • Works on complex matters where analysis of issues, data, processes, and situations require advanced knowledge of functional objectives and industry/technical knowledge which may have long-term impact.
  • Responsible for directing staffing appropriately for department(s) and collaborating with HR to fulfill requirements.
  • Performs related duties as required.
Requirements:
  • Bachelor's Degree required, or equivalent combination of education and related experience.
  • 8-12 years of relevant experience and 7+ years of leadership/management experience, required.
  • Master's Degree, preferred.
  • Minimum of 10 years of experience in vendor management, procurement, or a related field.
  • Proven experience leading and managing a vendor management team, including offshore vendors.
  • Strong understanding of vendor risk management, contract negotiation, and performance evaluation.
  • Excellent communication, interpersonal, and presentation skills.
  • Ability to work effectively with cross-functional teams across all levels of the organization.
  • Strong analytical and problem-solving skills.
  • Proficiency in vendor management software and tools.
  • Demonstrated ability to drive results and achieve strategic objectives.