Senior Vendor Manager

It All Starts with Our People As the leader in automotive preventive maintenance, Valvoline has a proven track record of growth. We continue to invest in our people, processes, and technology to strengthen our ability to efficiently deliver Quick, Easy, Trusted service across all our stores every day. We're not just in the car business; we're in the people business. And we're looking for humble, hungry, and smart people to help us shape the future of mobility. If you're hungry to drive change and seek a dynamic, collaborative environment that fuels both personal and professional growth, you've found your place with us. Our highest priority is creating a welcoming workplace with team members from a wide variety of diverse backgrounds and experiences. The Opportunity Valvoline has a rewarding opportunity as a Sr. Vendor Manager. In this role, you will oversee and optimize our vendor relationships. The ideal candidate will have a strong background in vendor management, inventory management, procurement, and supply chain processes with multi-location retail. The ideal candidate will have a strong background in retail services and integrated services and supply. You will be responsible for evaluating vendor performance, negotiating contracts, ensuring compliance with contracts, managing end-to-end solutions, and managing vendor services to budget within company stands. How You'll Make a Difference Vendor Selection and Evaluation : Identify and evaluate potential vendors based on quality, cost, and reliability. Conduct regular assessments of vendor performance and compliance with contracts. Contract Negotiation : Negotiate terms and conditions with vendors to secure favorable pricing and service levels. Manage the contract lifecycle, ensuring all agreements are up-to-date and compliant. Relationship Management : Build and maintain strong relationships with vendors to ensure collaboration and satisfaction. Address any issues or disputes that arise, working towards effective resolutions. Performance Monitoring : Develop and implement KPIs for vendor performance and service delivery. Conduct regular performance reviews and provide feedback to vendors. Cost Management : Analyze vendor pricing and market trends to identify cost-saving opportunities. Collaborate with finance and technology teams to manage budgets and forecasts. Compliance and Risk Management : Ensure vendors adhere to company policies and regulatory requirements. Identify and mitigate risks associated with vendor relationships. Other duties and responsibilities as determined by Valvoline from time to time in its sole discretion. What You'll Need to Succeed Bachelors degree in Vendor Services Management or a related field Minimum of ten years of experience in vendor management, inventory management, procurement, supply chain Strong negotiation and communication skills Proficiency in data analysis and performance metrics Knowledge of relevant laws and regulations pertaining to vendor contracts Excellent problem-solving and decision-making abilities Experience with vendor management hardware, software, and tools Experience with vendor management integrated services and supply management Experience with end-to-end vendor management solutions Familiarity with industry-specific standards and best practices Project management experience Must be authorized to work in the U.S. We Take Care of the WHOLE You Health insurance plans (medical, dental, vision) HSA and flexible spending accounts 401(k) Incentive opportunity* Life insurance Short and long-term disability insurance Paid vacation and holidays* Employee Assistance Program Valvoline Instant Oil Change discounts Tuition reimbursement* Adoption assistance* *Terms and conditions apply, and benefits may differ depending on position.

Created: 2024-11-09