Vendor Management & Contracts Manager
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Key skills for this role
About the Role
Emarat seeks a Vendor Management & Contracts Manager to lead vendor selection, negotiation, and performance monitoring. You will manage contract lifecycles, develop procurement strategies, and ensure compliance.
Key Skills for This Role
Responsibilities
- Identify and select vendors that meet Emarat’s quality standards
- Negotiate contracts with vendors to secure favorable terms and pricing
- Build and maintain strategic relationships with key vendors
- Monitor vendor performance against contractual obligations
- Resolve vendor disputes efficiently
- Source and evaluate new vendors
- Draft, review, and negotiate contracts to ensure alignment with Emarat’s strategic goals
- Maintain a centralized repository for all contracts and documentation
- Manage the contract lifecycle, including renewals and expirations
- Utilize the Contracts Management module in the Procurement Management System
- Develop and implement procurement strategies that align with Emarat’s objectives
- Conduct market research to identify new sourcing opportunities
Requirements
- Bachelor's degree in Business Administration, Supply Chain Management or a related field
- Minimum of 8 years of experience with 3+ years in a managerial role
- Proven track record of developing and implementing successful vendor management and contracts development strategies that drive cost savings and operational efficiency
- Relevant professional certification (e.g., Certified Purchasing Manager, Certified Supply Chain Professional) preferred
Full Job Posting
Role Purpose
- To lead the vendor management and contract processes, assisting end users with contract administration as needed, while ensuring that vendor selection, negotiation, and performance monitoring align with Emarat's strategic objectives and comply with relevant laws and regulations.
Key Responsibilities
- Identify and select vendors that meet Emarat’s quality standards to ensure optimal procurement outcomes and reliable supply chains.
- Negotiate contracts with vendors to secure favorable terms and pricing, maximizing value while minimizing risks for Emarat.
- Build and maintain strategic relationships with key vendors to enhance collaboration and ensure consistent performance in the supply chain.
- Monitor vendor performance against contractual obligations, ensuring compliance and proactively addressing any issues that arise.
- Resolve vendor disputes efficiently, escalating to senior management when necessary to ensure timely and effective resolution.
- Source and evaluate new vendors, assessing their capabilities to meet Emarat’s evolving business needs and requirements.
- Draft, review, and negotiate contracts to ensure alignment with Emarat’s strategic goals and compliance with applicable laws.
- Maintain a centralized repository for all contracts and documentation, ensuring easy access and organization for procurement activities.
- Manage the contract lifecycle, including renewals and expirations, to ensure timely actions and compliance with contractual terms.
- Utilize the Contracts Management module in the Procurement Management System to streamline processes and improve operational efficiency.
- Develop and implement procurement strategies that align with Emarat’s objectives and drive cost effective initiatives across the organization.
- Conduct market research to identify new sourcing opportunities that enhance procurement effectiveness and reduce overall costs.
Qualifications and Experience
- Bachelor’s degree in Business Administration, Supply Chain Management or a related field.
- Preferred: Relevant professional certification (e.g., Certified Purchasing Manager, Certified Supply Chain Professional).
- Required: Minimum of 8 years of experience with 3+ years in a managerial role.
- Preferred: Proven track record of developing and implementing successful vendor management Contracts development strategies that drive cost savings and operational efficiency.
- A minimum of 6 years of experience may be considered exceptional for candidates of high caliber.
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