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Valvoline

Senior Vendor Manager

Valvoline, Lexington, Kentucky, us, 40598


It All Starts with Our PeopleAs the leader in automotive preventive maintenance, Valvoline has a proven track record of growth. We continue to invest in our people, processes, and technology to strengthen our ability to efficiently deliver Quick, Easy, Trusted service across all our stores - every day. We're not just in the car business; we're in the people business. And we're looking for humble, hungry, and smart people to help us shape the future of mobility. If you're hungry to drive change and seek a dynamic, collaborative environment that fuels both personal and professional growth, you've found your place with us.Our highest priority is creating a welcoming workplace with team members from a wide variety of diverse backgrounds and experiences.The OpportunityValvoline has a rewarding opportunity as a

Sr. Vendor Manager.

In this role, you will oversee and optimize our vendor relationships. The ideal candidate will have a strong background in vendor management, inventory management, procurement, and supply chain processes with multi-location retail. The ideal candidate will have a strong background in retail services and integrated services and supply. You will be responsible for evaluating vendor performance, negotiating contracts, ensuring compliance with contracts, managing end-to-end solutions, and managing vendor services to budget within company stands.How You'll Make a DifferenceVendor Selection and Evaluation : Identify and evaluate potential vendors based on quality, cost, and reliability. Conduct regular assessments of vendor performance and compliance with contracts.Contract Negotiation : Negotiate terms and conditions with vendors to secure favorable pricing and service levels. Manage the contract lifecycle, ensuring all agreements are up-to-date and compliant.Relationship Management : Build and maintain strong relationships with vendors to ensure collaboration and satisfaction. Address any issues or disputes that arise, working towards effective resolutions.Performance Monitoring : Develop and implement KPIs for vendor performance and service delivery. Conduct regular performance reviews and provide feedback to vendors.Cost Management : Analyze vendor pricing and market trends to identify cost-saving opportunities. Collaborate with finance and technology teams to manage budgets and forecasts.Compliance and Risk Management : Ensure vendors adhere to company policies and regulatory requirements. Identify and mitigate risks associated with vendor relationships.Other duties and responsibilities as determined by Valvoline from time to time in its sole discretion.What You'll Need to SucceedBachelor's degree in Vendor Services Management or a related fieldMinimum of ten years of experience in vendor management, inventory management, procurement, supply chainStrong negotiation and communication skillsProficiency in data analysis and performance metricsKnowledge of relevant laws and regulations pertaining to vendor contractsExcellent problem-solving and decision-making abilitiesExperience with vendor management hardware, software, and toolsExperience with vendor management integrated services and supply managementExperience with end-to-end vendor management solutionsFamiliarity with industry-specific standards and best practicesProject management experienceMust be authorized to work in the U.S.We Take Care of the WHOLE YouHealth insurance plans (medical, dental, vision)HSA and flexible spending accounts401(k)Incentive opportunity*Life insuranceShort and long-term disability insurancePaid vacation and holidays*Employee Assistance ProgramValvoline Instant Oil Change discountsTuition reimbursement*Adoption assistance**Terms and conditions apply, and benefits may differ depending on position.