Logo
Valvoline Inc.

Senior Vendor Manager

Valvoline Inc., Lexington, KY, United States


It All Starts with Our People

As 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 Opportunity

Valvoline 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 Difference

  • Vendor 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 Succeed

  • Bachelor’s degree in Vendor Services Management or a related field
  • Minimum of ten years of experience in vendor management, inventory management, procurement, supply chain
  • Strong negotiation and communication skills
  • Proficiency in data analysis and performance metrics
  • Knowledge of relevant laws and regulations pertaining to vendor contracts
  • Excellent problem-solving and decision-making abilities
  • Experience with vendor management hardware, software, and tools
  • Experience with vendor management integrated services and supply management
  • Experience with end-to-end vendor management solutions
  • Familiarity with industry-specific standards and best practices
  • Project management experience
  • Must be authorized to work in the U.S.

We Take Care of the WHOLE You

  • Health insurance plans (medical, dental, vision)
  • HSA and flexible spending accounts
  • 401(k)
  • Incentive opportunity*
  • Life insurance
  • Short and long-term disability insurance
  • Paid vacation and holidays*
  • Employee Assistance Program
  • Valvoline Instant Oil Change discounts
  • Tuition reimbursement*
  • Adoption assistance*

*Terms and conditions apply, and benefits may differ depending on position.