Senior Vendor Manager

Stand Together•Arlington, VA

About The Position

The Senior Vendor Manager oversees procurement and management of vendor services for Stand Together. The role works with departments across the organization to ensure vendor services meet organizational needs and quality standards. It requires strong negotiation and analytical skills, attention to detail, and the ability to build effective vendor relationships. The manager also develops policies and procedures that establish best practices for the vendor management function and reports on vendor performance, costs, savings, renewals, and other relevant metrics to senior management. The position calls for expertise in SaaS and IT procurement, including sourcing and managing technology vendors and negotiating SaaS contract structures and licensing models. The successful candidate can manage multiple vendors and projects, use data analytics to identify improvements, and lead and develop a team in a Principle-Based Management environment. The role contributes to Stand Together’s mission and culture, which values transformation, innovation, entrepreneurialism, humility, and respect.

Requirements

  • At least 5 years of experience in vendor management, procurement, or a similar role.
  • Strong experience sourcing and managing software and technology vendors, including SaaS contract structures, licensing models, and negotiations with IT/software suppliers.
  • Strong negotiation and communication skills.
  • Excellent analytical and problem-solving abilities.
  • Proficiency in vendor management software and tools.
  • Experience developing and calculating metrics to monitor vendor management progress.
  • Expertise in data analytics to identify actionable steps for advancing the vendor management function.
  • Experience developing and implementing vendor management best practices.
  • Ability to manage multiple projects and vendors simultaneously.
  • Detail-oriented, with a strong focus on quality and compliance.
  • Ability to effectively lead and develop a team in a Principle-Based Management environment.
  • Enthusiasm for Stand Together’s vision and principled approach to problem-solving, and commitment to stewarding its culture and values.

Nice To Haves

  • Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM).

Responsibilities

  • Identify and select vendors that provide high-quality services at competitive rates.
  • Negotiate vendor contracts and agreements to secure favorable terms and conditions.
  • Monitor and evaluate vendor performance for compliance with contractual obligations and organizational standards.
  • Build and maintain vendor relationships that foster collaboration and long-term partnerships.
  • Address and resolve vendor issues or disputes in a timely and effective manner.
  • Manage spending on vendor services and ensure cost-effective procurement.
  • Identify and mitigate risks associated with vendor services and agreements.
  • Ensure vendor activities comply with legal and regulatory requirements.
  • Report regularly to senior management on vendor performance, costs, savings, renewals, and other relevant metrics.
  • Develop policies and procedures that establish best practices for vendor management.
  • Lead and develop a team in a Principle-Based Management environment.

Benefits

  • 6% 401(k) match with immediate vesting.
  • Flexible time off.
  • Comprehensive health and dental plans.
  • Wellness and mental health support through Peloton and Talkspace.
  • Bonus opportunities.
  • Competitive salary.
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