Vendor Relationship Manager Salary in Spiceland, Indiana

The Vendor Relationship Manager develops and sustains relationships with critical vendors by communicating and conducting regular reviews of status and issues. Oversees strategic vendor management programs to create collaborative supplier relationships that control costs, manage risks, and support compliance with standards and requirements. Being a Vendor Relationship Manager defines the escalation paths and methods to use to resolve problems. Enables suppliers' understanding of the business's requirements, needs, and service expectations by providing a solid foundation of information and resources. In addition, Vendor Relationship Manager provides clear and actionable feedback to encourage cooperation and drive continuous improvement in vendor performance. Requires a bachelor's degree. Typically reports to a director or head of a unit/department. The Vendor Relationship Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Vendor Relationship Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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