Vendor Relations, Senior Specialist
Full Job Posting
Key Responsibilities:
- Manage relationships with vendors and serve as the primary point of contact for commercial and operational matters.
- Manage procurement activities, including RFQs, RFPs, bid evaluations, negotiations, and vendor selection.
- Develop, review, and administer framework agreements, work orders, purchase orders, and contract amendments.
- Monitor vendor performance against contractual obligations, KPIs, SLAs, timelines, and deliverables.
- Review commercial proposals, pricing structures, and cost breakdowns to ensure competitiveness and value for money.
- Coordinate with procurement, contracts, finance, legal, and business teams throughout the sourcing and contracting lifecycle.
- Track agreement utilization, budgets, invoices, payments, renewals, and remaining contract values.
- Identify contractual, financial, and operational risks and escalate issues proactively.
- Support vendor performance reviews and implement corrective action plans when required.
- Maintain accurate records of contracts, vendor documents, approvals, and related correspondence.
- Ensure compliance with internal procurement policies, governance requirements, and applicable regulations.
Requirements
- Bachelor’s degree in Business Administration, Finance or a related field.
- 4–5 maximum years of relevant experience in vendor management, procurement, contracts, or supply chain.
- Strong experience in procurement processes and framework agreement management.
- Solid knowledge of contract administration, work orders, purchase orders, pricing evaluation, and vendor performance management.
- Procurement and strategic sourcing.
- Framework agreement management.
- Vendor relationship and performance management.
- Commercial evaluation and negotiation.
- Contract and work-order administration.
- Budget, invoice, and payment tracking.
- Risk identification and issue resolution.
- Stakeholder management.
- Reporting and data analysis.
- Strong communication and negotiation skills.
About Master Works
Saudi private technology company providing data, analytics, AI, cloud, and digital-transformation services to government and enterprise clients.
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