AVP, Vendor Management Office
The AVP, Vendor Management Office (VMO) is a strategic leadership role responsible for overseeing and optimizing the organization's supplier performance and governance processes. This role plays a critical part in the procurement lifecycle by ensuring effective contract execution, mitigating third-party risk, and cultivating strong, value-driven relationships with key suppliers. The AVP will lead cross-functional efforts to enhance vendor accountability, compliance, and innovation while aligning supplier capabilities with business objectives.
Key Responsibilities:
Vendor Governance & Performance Management
- Develop and implement a comprehensive vendor governance framework.
- Monitor and evaluate supplier performance against SLAs, KPIs, and contractual obligations.
- Lead regular business reviews with strategic suppliers to drive continuous improvement.
Risk Management & Compliance
- Identify, assess, and mitigate third-party risks including operational, financial, regulatory, and reputational risks.
- Ensure compliance with internal policies, regulatory requirements, and industry standards.
- Collaborate with Legal, Risk, and Compliance teams to manage vendor audits and due diligence.
Strategic Relationship Management
- Serve as the executive point of contact for high-impact vendors.
- Foster collaborative partnerships to drive innovation, cost savings, and service excellence.
- Negotiate and influence vendor terms to align with enterprise goals.
Process Optimization & Reporting
- Drive process improvements across the vendor lifecycle, from onboarding to offboarding.
- Implement tools and dashboards for real-time vendor performance and risk reporting.
- Provide executive-level reporting and insights to senior leadership.
Team Leadership & Development
- Lead and mentor a team of vendor management professionals.
- Promote a culture of accountability, transparency, and continuous learning.
Qualifications:
- Bachelor's degree in Business, Supply Chain, Finance, or related field (Master's preferred).
- 8+ years of experience in vendor management, procurement, or supply chain, with at least 3 years in a leadership role.
- Strong knowledge of contract management, third-party risk, and supplier governance best practices.
- Proven ability to manage complex vendor relationships and drive performance improvements.
- Excellent communication, negotiation, and stakeholder management skills.
- Experience with vendor management systems (VMS), ERP platforms, and data analytics tools.
FAQs
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