Global Vendor Management Specialist

Best Choice ProductsNewport Beach, CA
Onsite

About The Position

At Best Choice Products, our mission is to develop the world's best-selling products inspired by real people. For over 20 years, our e-commerce retail brand has been committed to developing products for families everywhere. Our diverse catalog includes outdoor living, lawn & garden essentials, toys & games, home furniture, and even seasonal decor. As we like to say, there's something for everyone in the family! Our success is best defined by a collaborative culture full of inspired minds and a willingness to contribute new ideas. Some of our most rewarding moments include being part of the Inc. 5000 list of fastest-growing private companies in America and a Top Workplace (2022) by the Orange County Register! Please visit our website [https://bestchoiceproducts.com/pages/about-us-best-choice-products] for more information.

Requirements

  • Bilingual in English and Vietnamese required.
  • Bachelor's degree required.
  • 2+ years of vendor management experience with factories supplying consumer goods required.
  • Expertise in Microsoft Office Suite required.
  • Demonstrated ability to apply critical thought to develop, recommend and implement strategies.
  • Strong understanding of supply chain management challenges in developing countries, as well as procurement process and delivery cycle.
  • Strong project management, organizational, analytical, presentation, negotiation, and interpersonal skills.
  • Strong ability to follow procedural guidelines and respond to and/or research vendors concerns/ inquiries with urgency and accuracy.
  • Excellent verbal and written communications skills.
  • Ability to manage deadlines and accurately process data under time limited restraints.
  • Strong ability to exercise good judgment, initiative, and assertiveness.

Nice To Haves

  • Knowledge of purchasing principles, SCM and ERP applications proficiency, forecasting and demand planning procedures, and supplier relationship management strongly preferred.

Responsibilities

  • Maintain and build business relationships with vendors for benefits such as financial support, priority in manufacturing schedules, and overall commitment to building the best products.
  • Work with Demand Planning, Sales, Product Quality, Product Development, Procurement, and Sourcing departments to plan procurement purchases based on vendor performance, capacity, and market situation.
  • Initiate strategic negotiations to resolve chargebacks to hold vendors accountable for product quality, product improvement and recover Company losses.
  • Be the lead and maintain contact between vendors and BCP inter-departments relating to on time delivery, product quality, negotiation, and execution of purchasing contracts/agreements/policies.
  • Maintain regular vendors governance process to get more values from vendors to allow BCP to plan proactively and identify new opportunities for business expansion.
  • Ensure vendors always provide timely responses to all BCP Teams’ inquiries, accurately validate, adhere to production schedules, and allow unrestricted access to our inspectors.
  • Partner with all departments to ensure vendors compliance with BCP requirements.
  • Track vendors metrics, maintain and manage routine business review with vendors.
  • Provide subject matter expertise and develop and implement corrective action plans to improve vendors performance to avoid reoccurring issues.
  • Provide proactive business recommendations by aggregating vendor performances (Ontime Delivery, Product Quality, service level, etc.) to achieve planned outcomes based on business needs.
  • Facilitate escalation process for a solution/plan of action in coordination with BCP inter-departments and vendors.
  • Ensure vendors contact information and securely validate any requested changes.
  • Ensure that item prices and payment terms are continually reviewed, evaluated, maintained, and negotiated.
  • Analyze existing vendors to determine their qualification for a new product through vendor performance and capacity.
  • Conduct vendor training for BCP mission & goals, platforms, workflow, and requirements.
  • Seek and implement continuous process improvement.
  • Perform other duties as assigned.

Benefits

  • Flex Fridays: Enjoy the flexibility of working from home and kick off your weekends early with half-day Fridays, all year long.
  • Comprehensive Health Coverage: Inclusive medical, dental, vision, life, and supplemental insurance plans to keep you and your family healthy.
  • Support When You Need It: Our Employee Assistance Program is here to provide confidential support for personal and work-related issues.
  • Future-Forward Financials: Secure your future with our 401k plan, complete with up to a 3.5% company match.
  • Time to Recharge: Enjoy vacation time, paid holidays, and sick days to rest and recharge.
  • Fuel Your Day: Delight in a variety of snacks and drinks to keep you energized, including the occasional catered lunch.
  • Exclusive Discounts: Take advantage of our generous employee discount on our products, plus occasional product giveaways and raffles.
  • Play Hard: Unwind with our on-site arcade games and ping pong to connect with colleagues.
  • Stay Fit: Access our onsite gym, fitness classes, or bicycles-for-borrow to keep your fitness goals on track.
  • Celebrate Together: Join us for milestone and birthday celebrations, as well as happy hours, quarterly team bonding events, and our annual holiday party.
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