At a Glance
- Tasks: Manage vendor relationships, analyse performance data, and improve processes.
- Company: Join Triton, an innovative investment firm focused on building better businesses.
- Benefits: Full-time role with opportunities for growth and a collaborative work environment.
- Other info: Exciting chance to implement new software and enhance vendor management practices.
- Why this job: Be part of a team that values entrepreneurial spirit and international collaboration.
- Qualifications: Pursuing or completed a business or supply chain degree; strong analytical and communication skills.
The predicted salary is between 40000 - 50000 β¬ 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 employer: Triton
Triton is an exceptional employer located in London, fostering a collaborative and entrepreneurial work culture that empowers employees to engage actively in building better businesses. With a strong focus on professional growth, Triton offers opportunities for skill development and innovation, particularly in vendor management, while promoting diversity and inclusivity within its teams. Employees benefit from a supportive environment that values their contributions and encourages proactive problem-solving, making it a rewarding place to advance one's career.
StudySmarter Expert Adviceπ€«
We think this is how you could land Vendor Management Analyst
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
β¨Tip Number 2
Prepare for interviews by researching the company and its vendors. Understand their values and how they manage relationships. This will help you tailor your answers and show that you're genuinely interested in the role.
β¨Tip Number 3
Practice your problem-solving skills! Think of examples from your past experiences where you've resolved issues or improved processes. This will come in handy during interviews when they ask about your analytical abilities.
β¨Tip Number 4
Don't forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to reach out directly.
We think you need these skills to ace Vendor Management Analyst
Some tips for your application π«‘
Tailor Your CV:Make sure your CV is tailored to the Vendor Management Analyst role. Highlight relevant experience and skills that match the job description, especially in vendor relationship management and data analysis.
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 your background makes you a great fit for Triton. Keep it concise but impactful.
Show Off Your Analytical Skills:Since this role involves a lot of data analysis, be sure to mention any experience you have with tools like Excel. Share specific examples of how you've used data to drive decisions or improve processes.
Apply Through Our Website:We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, it shows youβre proactive!
How to prepare for a job interview at Triton
β¨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.
β¨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 metrics you've created to demonstrate your analytical capabilities.
β¨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, highlighting your ability to identify problems and implement effective solutions.
β¨Emphasise Team Collaboration
Since this role involves working closely with cross-functional teams, prepare to discuss your experience collaborating with others. Share examples of how you've successfully worked with IT, finance, or other departments to achieve common goals.