Senior Director Vendor Management - Hybrid
About the position Develop and lead the enterprise-wide vendor management strategy, including vendor selection, onboarding, performance evaluation, and offboarding. Oversee IT procurement processes, ensuring alignment with budgetary goals, compliance standards, and strategic sourcing principles. Manage the full lifecycle of contracts, including negotiation, execution, renewal, and termination, in collaboration with legal and finance teams. Establish and maintain vendor governance frameworks, including SLAs, KPIs, and risk assessments. Collaborate with leadership and business stakeholders to forecast procurement needs and align vendor capabilities with technology roadmaps. Monitor vendor financial health, operational performance, and compliance with contractual terms. Lead cross-functional initiatives to improve procurement efficiency, cost savings, and vendor accountability. Provide executive-level reporting on vendor performance, procurement metrics, and contract status. Mentor and manage a team of procurement and vendor management professionals. Annual Workplan Development & Strategic Alignment Lead the development of an annual Procurement and Vendor Management Workplan aligned to enterprise priorities, financial goals, and technology roadmaps. Partner with Finance, and business leadership each fall to review prior-year performance, identify strategic sourcing opportunities, and define next-year objectives. Build a clear set of measurable goals for the calendar year, including sourcing initiatives, contract renewals, vendor performance targets, and risk mitigation actions. Present the proposed workplan to executive leadership for alignment and approval, and track progress quarterly through performance dashboards and KPI reporting. Adjust priorities throughout the year based on business needs, budget changes, or new strategic initiatives.
Responsibilities
- Develop and lead the enterprise-wide vendor management strategy, including vendor selection, onboarding, performance evaluation, and offboarding.
- Oversee IT procurement processes, ensuring alignment with budgetary goals, compliance standards, and strategic sourcing principles.
- Manage the full lifecycle of contracts, including negotiation, execution, renewal, and termination, in collaboration with legal and finance teams.
- Establish and maintain vendor governance frameworks, including SLAs, KPIs, and risk assessments.
- Collaborate with leadership and business stakeholders to forecast procurement needs and align vendor capabilities with technology roadmaps.
- Monitor vendor financial health, operational performance, and compliance with contractual terms.
- Lead cross-functional initiatives to improve procurement efficiency, cost savings, and vendor accountability.
- Provide executive-level reporting on vendor performance, procurement metrics, and contract status.
- Mentor and manage a team of procurement and vendor management professionals.
- Lead the development of an annual Procurement and Vendor Management Workplan aligned to enterprise priorities, financial goals, and technology roadmaps.
- Partner with Finance, and business leadership each fall to review prior-year performance, identify strategic sourcing opportunities, and define next-year objectives.
- Build a clear set of measurable goals for the calendar year, including sourcing initiatives, contract renewals, vendor performance targets, and risk mitigation actions.
- Present the proposed workplan to executive leadership for alignment and approval, and track progress quarterly through performance dashboards and KPI reporting.
- Adjust priorities throughout the year based on business needs, budget changes, or new strategic initiatives.
Requirements
- Bachelor’s degree in Business Administration, Information Technology, Supply Chain Management, or related field
- 10+ years of experience in procurement, vendor management, or contract administration
- at least 5 years in a leadership role
- Proven experience in developing and executing vendor governance frameworks and procurement strategies.
- Strong understanding of products, services, licensing models, and market dynamics.
- Excellent negotiation, communication, and stakeholder management skills.
- Proficiency in contract management systems and procurement platforms.
- Ability to lead cross-functional teams and drive strategic initiatives.
- Strong analytical and financial acumen with experience managing budgets and vendor spend.
Nice-to-haves
- MBA or equivalent preferred.
Benefits
- Comprehensive health, dental, and vision insurance
- Health Savings Account with an employer contribution
- Life Insurance
- PTO
- 401(k) retirement plan with a company match
- And more!