Vendor Management Specialist at City of Memphis
Memphis, Tennessee, United States -
Full Time


Start Date

Immediate

Expiry Date

28 Apr, 26

Salary

79705.0

Posted On

28 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Vendor Onboarding, Performance Monitoring, Compliance Tracking, Relationship Management, Data Accuracy, Procurement Systems, Contract Negotiation, Risk Management, Vendor Compliance, Service Agreements, Vendor Assessments, Process Enhancements, Issue Resolution, Documentation Management, Collaboration, Regulatory Standards

Industry

Government Administration

Description
Salary Range: $52,432.19 - $79,705.60 Works under the supervision of the Finance Contract Administrator to assist in all aspects of vendor onboarding, performance monitoring, compliance tracking, and relationship management. Assists with ensuring all required documentation (W-9s) is complete and compliant for the new vendor onboarding. Ensures data accuracy and integrity by assisting with maintain updated vendor records in the procurement systems (e.g., Oracle, SAP). Collaborates with the procurement, legal, and risk management teams to enforce vendor-related policies. Serves as a point of contact for vendor inquiries, resolving issues or escalating as appropriate. Assist with monitoring vendor compliance with contract terms, insurance requirements, and regulatory standards.Negotiates contracts, pricing, and service agreements to maximize value and mitigate risks. Provides assistance with tracking vendor expiration dates (e.g., COI renewals, licenses) and notifying departments and vendors of upcoming deadlines. Conducts regular vendor assessments and audits to ensure compliance with organizational policies and regulatory requirements. Identifies and resolve issues related to vendor performance, service quality, or delivery.Support continuous improvement initiatives by recommending process enhancements in vendor management.
Responsibilities
The Vendor Management Specialist assists in vendor onboarding, performance monitoring, compliance tracking, and relationship management. They also negotiate contracts and monitor vendor compliance with contract terms and regulatory standards.
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