Vendor Management

Managing vendors is a complex responsibility that requires balancing the interests of both the vendors and the organization to achieve mutual profitability. To excel in this role, one must have a firm understanding of vendor management principles, including negotiation, relationship building, and quality control. Before embarking on a career as a vendor manager, it is important to comprehend the full scope of the role, including expectations, required qualifications, and daily responsibilities. This article provides a detailed vendor manager job description, outlining what companies typically expect and what skills candidates need…