How you'll shape Vendor Relations at Achievers:
- Portfolio Management: Effectively manage a diverse vendor portfolio, inclusive of EMEA Merchandises and Gift Cards partners, spanning varying countries, technologies, and business sizes.
- Relationship Development: Develop and maintain positive relationships with vendors, addressing any operational issues promptly.
- Payment: Collaborate with Finance to ensure payment to vendors are accurate and done within a timely matter to ensure continuous operations.
- Contract Compliance: Ensure alignment and adherence of vendor contracts with evolving business needs, contracted commitments, operational objectives, and industry standards.
- Initiative Management: Manage initiatives including efficiency improvements, escalations, performance metrics, growth opportunities, platform changes or promotion opportunities.
- Contract Negotiation: Manage contract negotiations and renewals, ensuring favourable terms for Achievers.
Performance Monitoring and Data Analysis:
- Performance Tracking: Regularly track and report on vendor performance metrics against commits, benchmarks, and goals for leadership and other key stakeholders. Support the development and implementation of vendor performance improvement plans.
- Data Analysis: Effectively leverage data tools and reporting to analyze, interpret, and deliver key details to stakeholders.
- Margin Optimization: Identify opportunities for margin improvements and optimize product pricing and margin via negotiations.
- Issue Resolution: Identify performance issues, analyze opportunities, and collaborate with vendors to implement corrective actions efficiently.
Strategic Product Selection:
- Product Selection: Collaborate with Merchandising to monitor product popularity and performance metrics. Identify top-performing products to guide product selection and ensure a competitive and appealing product catalog.
- Product Expansion: Work closely with vendors to introduce new and trending products, ensuring timely availability and alignment with market demands.
Cross-Functional Collaboration:
- Stakeholder Engagement: Partner, collaborate, and communicate across cross-departmental stakeholders to manage needs, ensure alignment, and set up teams for success.
- Cross-Functional Collaboration: Cultivate strong partnerships with teams including Fulfillment, Promotions, Merchandising, Vendor Partnerships, Customer Success, Finance, Support Operations, Legal, and Development teams to ensure cohesive vendor operations.
- Customer Mindset: Lead with a solution-oriented customer mindset to capture, action, and effectively support customer needs and/or requests to enhance their experience.
- Product Innovation: Identify and surface unique product or operational opportunities available via vendors with Product, Development, or Marketplace teams.
Experience we feel will set you up for success:
- 3 to 5 years of Vendor Management/eCommerce experience
- Experience with tracking vendor performance against KPIs
- Ability to effectively negotiate with key stakeholders and vendors.
- Excellent communication and relationship management skills.
- Excellent analytical skills to solve ambiguous problems and develop insights from large data sets
- Self-starter; acts with a sense of urgency, proven results and solution-oriented
- Evidence of effective time management and prioritization against business needs
- Proficiency with CRMs such as Salesforce an asset
- Experience with using analytical tools (i.e., Microsoft Excel, Tableau) an asset.
- Bachelor’s degree preferred
- Fluency in Spanish an asset