KEY ROLE
Vendor coordinator manages relationships with a company's vendors, ensuring that all aspects of the vendor relationship run smoothly. Their duties range from initial vendor onboarding to monitoring payment process and issue resolution.
BASIC SKILLS
- Strong communication, negotiation, and interpersonal skills.
- Excellent organizational and time management abilities.
- Problem-solving and analytical skills.
- Attention to detail.
- Knowledge of relevant software
TECHNICAL QUALIFICATIONS
Proficiency in MS Office, experience in data analysis, and procurement processes
EXPERIENCE
A minimum of 8-10 years of experience in vendor management, procurement, hospitality or a related field, understanding of supply chain management, logistics, and procurement processes, understanding of contract terms, negotiation, and compliance monitoring
RESPONSIBILITIES & OBJECTIVES
Vendor relationship management
- Serves as the main point of contact: Acts as the primary liaison between the organization and its vendors for daily communications, inquiries, and issue resolution.
- Addresses vendor issues: Handles all vendor-related inquiries, disputes, or concerns in a timely and professional manner.
Procurement and contract administration
- Manages the onboarding process: Coordinates the setup of new vendors in internal systems, including collecting necessary documentation and completing forms.
- Coordinates purchase orders
- Ensures contract compliance: Keeps track of vendor contracts, including renewal dates, terms, and conditions, to ensure all obligations are met.
Financial and administrative tasks
- Processes invoices and payments: Reviews vendor invoices for accuracy, tracks payments, and resolves any billing discrepancies with the vendor
- Maintains records: Updates and maintains a centralized database of vendor information, contracts, and performance reports.
- Analyzes spending: Assists with budget monitoring and provides insights on vendor spending to support cost-reduction strategies.
Interdepartmental collaboration
- Acts as a communication hub: Ensures that all relevant internal departments—such as finance, procurement, and operations—are kept informed.