At a Glance
- Tasks: Manage vendor relationships, analyse performance data, and support contract administration.
- Company: Join Triton, an innovative investment firm focused on building better businesses.
- Benefits: Full-time role with opportunities for professional growth and a collaborative work environment.
- Other info: Exciting opportunity to implement new software and improve vendor management processes.
- Why this job: Be part of a dynamic team that values entrepreneurial spirit and international collaboration.
- Qualifications: Pursuing or recently completed a business or supply chain degree; strong analytical and communication skills.
The predicted salary is between 40000 - 50000 £ per year.
Working in partnership to build better businesses. Triton is an investment firm that believes in engaging with boards, managers and employees to build better businesses. We are entrepreneurs who invest capital where we can see an opportunity to create long-term value. We believe Triton is a great place to work and we want our team to be entrepreneurial, enjoy being part of a collective effort, inspire and challenge each other, and to bring an international mindset.
The Role
- 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: Utilise 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 organised 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.
The Candidate Profile
As a motivated individual, you'll embrace the opportunity to assist in informed purchasing decisions and foster robust vendor relationships. This role involves close collaboration with the IT and Digital teams to meticulously select and oversee high-performing vendors, essential for ensuring smooth business operations. You will have acute attention to detail, exceptional organisational skills, and effective multitasking capabilities. Furthermore, you will showcase outstanding analytical skills, adept problem-solving capabilities, and strong decision-making acumen.
We are implementing a new Software Asset Management tool at Triton for use by the Vendor Management and IT Teams. This person will assist with the implementation project and developing new procedures as the process we currently follow will fundamentally change as a result. Experience of Flexera Atlas SAM software would be beneficial.
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 find 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.
- 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 recognise that diversity is key to our continued success, and strive to maintain a fair and equitable recruitment process for all applicants.
Vendor Management Analyst in London employer: Triton
Triton is an exceptional employer that fosters a collaborative and entrepreneurial work culture, encouraging employees to engage actively in building better businesses. Located in London, the company offers a dynamic environment where team members can thrive through meaningful projects, professional development opportunities, and a commitment to diversity and inclusion. With a focus on innovation and process improvement, Triton empowers its employees to make impactful contributions while enjoying a supportive atmosphere that values their insights and growth.
StudySmarter Expert Advice🤫
We think this is how you could land Vendor Management Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people you know, the better your chances of landing that Vendor Management Analyst role.
✨Tip Number 2
Prepare for interviews by researching Triton and its vendor management processes. Show off your knowledge about their values and how you can contribute to building better businesses. Tailor your answers to reflect their entrepreneurial spirit!
✨Tip Number 3
Practice your problem-solving skills! Think of examples from your past experiences where you’ve successfully resolved issues or improved processes. This will help you stand out as a proactive candidate who can tackle challenges head-on.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Triton team and contributing to their mission.
We think you need these skills to ace Vendor Management Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Vendor Management Analyst role. Highlight relevant experience, especially in vendor relationships and data analysis. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about vendor management and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Show Off Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention any tools you've used, like Excel, and how you've applied them in past roles. We’re keen on seeing your problem-solving abilities!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you don’t miss out on any updates. Plus, it’s super easy!
How to prepare for a job interview at Triton
✨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 improve those relationships. 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 vendor performance in the past. Bring examples of reports or analyses you've done that highlight your analytical capabilities.
✨Showcase Your Problem-Solving Skills
Think of specific instances where you've resolved issues in vendor management or similar situations. Be ready to share these stories during the interview, as they demonstrate your ability to handle challenges effectively and your adaptability in dynamic environments.
✨Communicate Clearly
Since communication is key in this role, practice articulating your thoughts clearly and concisely. Prepare to discuss how you would handle vendor queries and maintain positive relationships. Good communication can set you apart from other candidates.
