Vendor Relations, Senior Specialist

Master Works is seeking a Vendor Relations, Senior Specialist responsible for managing vendor relationships, procurement activities, and framework agreements. The role ensures vendor compliance, commercial efficiency, timely delivery, and effective coordination between internal stakeholders and suppliers.

Key Responsibilities

Manage relationships with vendors and serve as the primary point of contact for commercial and operational mattersManage procurement activities, including RFQs, RFPs, bid evaluations, negotiations, and vendor selectionDevelop, review, and administer framework agreements, work orders, purchase orders, and contract amendmentsMonitor vendor performance against contractual obligations, KPIs, SLAs, timelines, and deliverables. Review commercial proposals, pricing structures, and cost breakdowns to ensure competitiveness and value for moneyCoordinate with procurement, contracts, finance, legal, and business teams throughout the sourcing and contracting lifecycleTrack agreement utilization, budgets, invoices, payments, renewals, and remaining contract valuesIdentify contractual, financial, and operational risks and escalate issues proactivelySupport vendor performance reviews and implement corrective action plans when requiredMaintain accurate records of contracts, vendor documents, approvals, and related correspondenceEnsure compliance with internal procurement policies, governance requirements, and applicable regulationsRequirementsBachelor's degree in Business Administration, Finance or a related field4-5 maximum years of relevant experience in vendor management, procurement, contracts, or supply chainStrong experience in procurement processes and framework agreement managementSolid knowledge of contract administration, work orders, purchase orders, pricing evaluation, and vendor performance managementProcurement and strategic sourcingFramework agreement managementVendor relationship and performance managementCommercial evaluation and negotiationContract and work-order administrationBudget, invoice, and payment trackingRisk identification and issue resolution. Stakeholder managementReporting and data analysisStrong communication and negotiation skillsJob Location:Client Site