Vendor Management Analyst

Vendor Management Analyst

Entry level 30000 - 40000 £ / year (est.) No working from home possible
Corporate and Accelerator Solutions LLP

At a Glance

  • Tasks: Manage vendor relationships, analyse performance data, and improve processes.
  • Company: Join Triton, a forward-thinking investment firm focused on building better businesses.
  • Benefits: Gain valuable experience, develop skills, and work in a dynamic environment.
  • Other info: Diversity is valued; we encourage all applicants to apply.
  • Why this job: Be part of a team that drives efficiency and innovation in vendor management.
  • Qualifications: Pursuing or recently completed a business or supply chain degree.

The predicted salary is between 30000 - 40000 £ per year.

Overview
Triton is an investment firm that believes in engaging with boards, managers and employees to build better businesses.

Responsibilities

  • Vendor Relationship Management – Assist in establishing and maintaining positive relationships with vendors. Communicate effectively with vendors to address queries and resolve issues promptly.
  • Contract Administration – Support the drafting, review and management of vendor contracts. Ensure compliance with contract terms and conditions.
  • Vendor Research – Conduct research on available vendors to determine which vendors offer the best pricing and product quality.
  • Data Analysis – Utilize tools like Microsoft Excel to analyse vendor performance data and identify internal usage trends. Prepare reports on key metrics for review by the management team.
  • Documentation and Record Keeping – Maintain accurate and organized records of vendor contracts, communications, and performance metrics. Monitor contracts for renewal and proactively administer amendments.
  • Process Improvement – Identify opportunities for process improvement within the vendor management lifecycle. Contribute ideas to enhance efficiency and effectiveness in vendor interactions.
  • Vendor Management Standards – Support the development of standards and policies by which to manage vendor performance.
  • Collaboration – Work closely with cross‑functional teams, including IT and finance, to ensure seamless coordination in vendor‑related activities.
  • Problem Resolution – Address and resolve issues that arise during the vendor management process. Escalate matters requiring higher‑level attention appropriately.
  • Ad Hoc Support – Provide support on special projects or tasks as assigned by the team.
  • Software Asset Management – Assist with the implementation of a new Software Asset Management tool and develop new procedures.

Candidate Profile
The candidate profile describes a motivated individual who embraces informed purchasing decisions and fosters robust vendor relationships. The role involves close collaboration with the IT and Digital teams to meticulously select and oversee high‑performing vendors, essential for ensuring smooth business operations. Strong attention to detail, exceptional organisational skills, effective multitasking, outstanding analytical skills, adept problem‑solving and strong decision‑making acumen are required.

Essential Requirements

  • Education – Pursuing or recently completed a business or supply chain degree.
  • Communication – Excellent verbal and written skills for vendor and stakeholder interactions.
  • Analytics – Ability to analyse data, track vendor performance, and identify improvement areas.
  • Detail‑oriented – Strong attention to detail in contracts, invoices, and documentation.
  • Organisation – Manage tasks, prioritise, and meet deadlines in a dynamic setting.
  • Relationships – Build positive vendor relations and collaborate across teams.
  • Adaptability – Flexible in adjusting to changing vendor needs.
  • Problem‑solving – Identify and resolve issues in vendor relationships and supply chains.
  • Tech Skills – Proficient in Microsoft Office, Excel, databases, and vendor software. Experience of Flexera Atlas SAM software would be beneficial.
  • Teamwork – Collaborate effectively and foster a positive team environment.
  • Proactive – Anticipate challenges and propose solutions for better vendor management.
  • Ethical Standards – Maintain integrity and ethical conduct with vendors and sensitive information.

Triton is an equal opportunity employer. We recognize that diversity is key to our continued success, and strive to maintain a fair and equitable recruitment process for all applicants.

Vendor Management Analyst employer: Corporate and Accelerator Solutions LLP

Triton is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to engage with vendors and contribute to process improvements. With a strong focus on professional development, employees have access to growth opportunities and the chance to work closely with cross-functional teams in a dynamic environment. Located in a vibrant area, Triton offers a supportive atmosphere that values diversity and ethical standards, making it an ideal place for those seeking meaningful and rewarding employment.

Corporate and Accelerator Solutions LLP

Contact Details:

Corporate and Accelerator Solutions LLP Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Vendor Management Analyst

Tip Number 1

Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Vendor Management Analyst role. You never know who might have a lead or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching Triton and its vendor management practices. Show us that you understand our values and how you can contribute to building better businesses through effective vendor relationships.

Tip Number 3

Practice your problem-solving skills! Be ready to discuss how you've tackled challenges in past roles, especially those related to vendor management. We love hearing about real-life examples that showcase your analytical abilities.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you're serious about joining our team at Triton.

We think you need these skills to ace Vendor Management Analyst

Vendor Relationship Management
Contract Administration
Data Analysis
Microsoft Excel
Documentation and Record Keeping
Process Improvement
Collaboration

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your relevant experience in vendor management and data analysis. We want to see how your skills align with the role, so don’t hold back on showcasing your strengths!

Show Off Your Communication Skills:Since this role involves a lot of interaction with vendors, it’s crucial to demonstrate your excellent verbal and written communication skills. Use clear and concise language in your application to reflect this ability.

Highlight Your Analytical Prowess:We’re looking for someone who can analyse data effectively. Be sure to mention any experience you have with tools like Microsoft Excel and how you've used data to drive decisions or improvements in past roles.

Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re proactive – a quality we love!

How to prepare for a job interview at Corporate and Accelerator Solutions LLP

Know Your Vendors

Before the interview, do your homework on the vendors Triton works with. Understand their strengths and weaknesses, and be ready to discuss how you can help build positive relationships with them. This shows your proactive approach and genuine interest in the role.

Master the Metrics

Brush up on your data analysis skills, especially with Microsoft Excel. Be prepared to talk about how you've used data to track performance or identify trends in previous roles. Having specific examples will demonstrate your analytical prowess and attention to detail.

Showcase Your Problem-Solving Skills

Think of a time when you faced a challenge in vendor management or a similar situation. Be ready to explain how you approached the problem, what steps you took, and the outcome. This will highlight your ability to resolve issues effectively and adapt to changing needs.

Emphasise Team Collaboration

Since this role involves working closely with cross-functional teams, prepare to discuss your experience in collaborating with others. Share examples of how you've successfully worked with different departments to achieve common goals, showcasing your teamwork and communication skills.