Full-Time Vendor Management Specialist
40000 Sanford Health Plan is hiring a remote Full-Time Vendor Management Specialist. The career level for this job opening is Experienced and is accepting USA based applicants remotely. Read complete job description before applying.
40000 Sanford Health Plan
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Job Details
Oversees the relationships and performance of our third-party vendors to ensure they meet the company's operational goals and compliance standards. As a key player in our vendor management process, you will collaborate with cross-functional teams to optimize vendor contracts, evaluate product and service performance, and implement strategies that drive operational efficiency and cost savings.
- Manage relationships with third-party vendors ensuring compliance with service agreements.
- Conduct regular evaluations of vendor performance through metrics and audits.
- Assist in the negotiation and renewal of vendor contracts to ensure favorable terms.
- Collaborate with internal teams to identify vendor needs and opportunities for improvement.
- Develop and maintain a database of vendor information and performance metrics.
- Mitigate risks associated with vendor partnerships by implementing monitoring processes.
- Prepare and present reports on vendor performance and relevant insights to management.
Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field required.
- Experience in vendor management or procurement roles, preferably in the insurance industry.
- Strong negotiation skills with a track record of managing successful vendor contracts.