Vendor Optimization Manager

$104,000 - $143,000/Yr

Prologis Management - Denver, CO

Full-time

Denver, CO

Real Estate

About the position

The Vendor Optimization Manager at Prologis is responsible for managing operational expense vendor partners across the company's real estate portfolio in the Americas and Europe. This role focuses on scoping, sourcing, contracting, and ongoing management of vendors to secure preferred rates and streamline vendor partnerships. The position requires strong project management, procurement, and communication skills to drive cost savings and improve vendor performance.

Responsibilities

• Execute program objectives, creating project timelines and project management, status reports, vendor recognition, savings tracking, and communication plans.
• Serve as the first point of contact for the VO program to answer stakeholder questions, incorporate feedback, and become the subject matter expert for the program.
• Maintain relationships with suppliers across various categories and regions.
• Create communication plans in conjunction with Real Estate Customer Experience teams and suppliers to ensure information is communicated in a way that is meaningful for stakeholders.
• Develop and execute category and negotiation strategies alongside sourcing teams for each Prologis market in order to drive cost savings among operating expense vendors.
• Accountable to all VO tools and tracking mechanisms, including market analysis and savings reporting for the VO program.
• Track and manage category budgets related to vendor optimization initiatives, ensuring alignment with organizational financial targets.
• In partnership with Procurement Operations, track and report on cost savings achieved through vendor negotiations and program implementation.
• Develop and maintain dashboards or reports that provide visibility into vendor performance and program success.
• Drive continuous improvement in the VO program by identifying and implementing best practices in vendor management.
• Document key procurement processes and procedures. Identify process improvement opportunities and work with stakeholders to make improvements.
• Responsible for identifying international category trends and their impact on Prologis.
• Represent program to internal stakeholders when needed.

Requirements

• Minimum of 5+ years of related work experience, including sourcing and procurement experience such as supplier selection, negotiations, contracting, supplier management, program development and business partner management.
• Strong project management skills and experience working on cross-functional projects with a diverse group of stakeholders.
• Strong negotiation skills and ability to manage complex deal structures.
• Advanced analytics skills including the ability to synthesize large data sets into summaries.
• Possess a data-driven mentality to back up decisions with compelling data.
• Demonstrated ability for independent thinking. Proven ability to plan proactively, anticipate issues, and have excellent problem resolution with little assistance.
• Strong interpersonal, verbal, and written communication skills.
• Ability to travel on an as-needed basis.
• Experience with complex procurement categories that includes rationalizing spend and consolidating vendors.

Nice-to-haves

• Bachelor's Degree (Supply Chain / Logistics and/or Business Management preferred)
• Knowledge of commercial real estate operations.

Benefits

• Competitive salary range of $104,000 - $143,000 based on location, education, experience, and skills.
• Bonus target included in the compensation package.