Vendor Manager

Job title: Vendor Manager

Company: Venn Group


Job description: VENDOR MANAGEROur client is looking for someone to assist their Commercial Team on an interim basis due to a member of the team being seconded onto another project.They are looking for a professional who is experienced within procurement particularly across Vendor and Contract management.This role would sit within the IT procurement team so experience working within a Technology function is essential.Job Responsibilities:Coordinate and manage a portfolio of vendors in line with ITIL best practices (where applicable), ensuring performance aligns with contractual KPIs and the services delivered meet the operational needs of our client.Own and maintain the content of all service schedules (contracts), ensuring that updates are reflected in accordance with contractual governance procedures.Collaborate with operational teams to develop SMART KPIs that measure vendor performance and ensure service delivery is both effective and offers value for money.Regularly review vendor contracts and services with internal stakeholders to ensure alignment with cost, quality, and performance expectations.Chair regular Vendor Review Meetings, involving internal stakeholders and vendor account teams, to evaluate performance and compliance against contractual terms.Serve as the go-to point for internal teams on vendor-related issues, leading service improvement plans and escalating concerns when vendor performance affects service delivery.Foster strong internal relationships to ensure vendor agreements are well-communicated and accessible across the organization.Contribute to the creation and execution of a comprehensive vendor plan targeting performance improvements, cost savings, cost avoidance, outsourcing/insourcing evaluations, and collaborative initiatives with third parties.Ensure purchase orders are in place and services are paid in accordance with contractual terms.Collaborate closely with procurement, finance, and legal teams to ensure all vendor processes align with company governance protocols.Support procurement with benchmarking activities to validate that vendor pricing remains competitive and represents value for money.Participate in procurement processes (e.g., RFIs), ensuring prospective vendors are thoroughly assessed on their service delivery capabilities.Lead the development of support and maintenance schedules for new vendors, working with stakeholders to ensure requirements are met cost-effectively.Build value-driven relationships with vendors, reflecting our client’s core values—integrity, respect, empathy, and inclusion.Monitor underperforming vendors and ensure enforcement of contractual remedies where applicable.Partner with finance and business units to track and understand budget allocations and expenditures across your vendor portfolio.Produce reports analyzing vendor development, performance plans, market trends, and alignment with business needs.

Expected salary: £340 per day

Location: England

Job date: Sun, 01 Jun 2025 02:13:05 GMT

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