Contract and Vendor Manager
Job Description:
Job Responsibilities:
1. Contract Renewals and Terminations
- Coordinate contract renewals, extensions, and terminations with the technical application owners.
- Identify opportunities for cost savings or process improvements in vendor contracts.
2. Cost Management
- Monitor and control costs associated with vendor contracts.
- Identify cost-saving opportunities and optimize vendor spend.
3. Contract Management
- Monitor contracts and agreements with vendors, including pricing, terms, and service-level agreements (SLAs).
- Ensure contracts align with the organization's strategic goals and objectives.
4. Contract Compliance
- Monitor vendor performance to ensure compliance with contract terms and conditions.
- Conduct regular audits and assessments of vendor performance.
5. Vendor Performance Evaluation
- Evaluate vendor performance using key performance indicators (KPIs) and metrics- Conduct regular performance reviews and provide feedback to vendors.
6. Vendor Risk Management
- Assess and mitigate risks associated with vendor relationships, including financial, operational, and reputational risks.
- Develop contingency plans for vendor-related disruptions.
Job Qualifications
Education/Training Qualifications:
- Bachelor's degree in a relevant field (e.g., Business, Information Technology).
Experience:
- 5 years of experience in information technology, vendor management, or contract administration.
- Strong background in technology
Required Skills:
Compliance Project Teams Performance Metrics Cost Control Contract Management Metrics Performance Management Procurement Information Technology Negotiation Education Finance Business Training Communication Management