Outsourcing Vendor Manager Salary
The average salary for an Outsourcing Vendor Manager is $86,576 per year. Experience has a moderate effect on income for this job. People in this job generally don't have more than 20 years' experience. A skill in Vendor Management is associated with high pay for this job.
Job Description for Outsourcing Vendor Manager
Outsourcing vendor managers are responsible for overseeing projects and properties for outsourcing vendors within their organizations, and they are commonly employed by large corporations and organizations which operate globally. These managers generally work in office environments during traditional weekly business hours, though some travel may occasionally be required.Read More...
Outsourcing vendor managers have a variety of responsibilities, including: maintaining communication with outsourcing vendors; working with account managers; ensuring accurate and timely communications among managers; creating/managing projects; ensuring that each project stays within budget guidelines; assisting with customer care production; managing internal and external teams; developing action plans for individual programs; ensuring improvement among each vendor; and coordinating among internal teams to ensure accurate metrics within each project.
A bachelor's degree in a relevant field and at least four years of experience in client management, business operations, contract management, or call center management are generally required for this position. Candidates for this position should work well under pressure, often at a fast pace, and be able to handle several projects simultaneously. Excellent organization, time-management skills, and analytical skills are important to interpret various marketing and technical information, and strong verbal and written communication skills are important to communicate with vendors and other personnel.
Outsourcing Vendor Manager Tasks
- Manage company relationships with vendors, making sure contract terms are fulfilled and mitigating vendor risk.
- Create sales partnerships with vendors which benefit both parties.
- Identify potential vendors and conduct research to determine who offers the best products, prices, and services.
- Coordinate vendors to develop efficient supply chain strategies.