Director of Vendor Management at Piedmont National Corporation
Interview Preparation Plan
The Director of Vendor Management is responsible for developing and executing strategies to manage the company's relationships with its vendors. This role involves overseeing all aspects of vendor operations, including contract negotiation, performance management, risk assessment, and ensuring alignment with the company's strategic objectives. The Director will lead a team to optimize vendor performance, drive cost savings, and mitigate risks associated with third-party engagements. This position requires a strong understanding of procurement processes, market trends, and best practices in vendor relationship management to foster strong, mutually beneficial partnerships.
Key Responsibilities
- Develop and implement comprehensive vendor management strategies.
- Negotiate and manage vendor contracts, ensuring favorable terms and compliance.
- Establish and monitor key performance indicators (KPIs) for vendor performance.
- Identify and mitigate risks associated with vendor relationships.
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