E-commerce Vendor Manager

Description

E-commerce Vendor Manager (Remote)

Overview

We are seeking a highly organized and detail-oriented E-commerce Vendor Manager to oversee the procurement and vendor relationships for our growing e-commerce business. This is a fully remote position, offering the flexibility to work from anywhere while managing multiple suppliers and ensuring the seamless flow of products from vendors to our online marketplace.

The E-commerce Vendor Manager will be responsible for identifying, negotiating, and managing relationships with suppliers, ensuring that products meet our company’s standards of quality, cost-effectiveness, and timely delivery. This role requires excellent communication and negotiation skills, an analytical mindset, and a strong understanding of e-commerce supply chain dynamics.

Annual Salary: $104,708

Key Responsibilities

  1. Vendor Sourcing & Onboarding:
    • Identify potential vendors who can meet the product and quality standards required by our e-commerce platform.
    • Evaluate vendor proposals, negotiate contracts, and ensure competitive pricing while maintaining product quality.
    • Oversee the onboarding process of new suppliers, ensuring they are fully integrated into our system and adhere to the company’s terms and conditions.
  2. Vendor Relationship Management:
    • Establish and maintain strong, long-term relationships with existing vendors, acting as the primary point of contact for all vendor-related communications.
    • Monitor vendor performance based on KPIs such as delivery times, order accuracy, product quality, and responsiveness.
    • Conduct regular performance reviews with key suppliers to ensure compliance with our business goals and operational standards.
    • Address and resolve any vendor-related issues, including shipping delays, order discrepancies, or contract disputes.
  3. Inventory & Supply Chain Management:
    • Work closely with the inventory management team to ensure optimal stock levels for all products offered through our e-commerce platform.
    • Coordinate with vendors to ensure timely product delivery, avoiding out-of-stock situations or overstocking.
    • Monitor supply chain logistics to ensure efficient transportation and shipping processes, minimizing lead times and reducing costs.
    • Collaborate with the logistics and operations teams to streamline the flow of products from suppliers to fulfillment centers and, ultimately, to the customer.
  4. Price Negotiation & Cost Management:
    • Negotiate pricing, payment terms, and contracts with suppliers to achieve the best possible cost structure while maintaining product quality.
    • Continuously seek opportunities to reduce costs without compromising product standards or vendor relationships.
    • Track and analyze market trends, pricing fluctuations, and competitor pricing strategies to make informed decisions and maintain competitiveness.
  5. Product Quality Control:
    • Ensure that all products sourced from vendors meet the company’s quality standards and comply with relevant regulations.
    • Coordinate quality checks and inspections, both pre- and post-production, to maintain consistent product quality.
    • Investigate and resolve any product defects or quality issues in collaboration with vendors and the internal quality assurance team.
  6. Data Analysis & Reporting:
    • Use data analytics tools to monitor and analyze vendor performance, supply chain efficiency, and product profitability.
    • Prepare regular reports on vendor KPIs, cost savings, and overall supply chain performance for senior management.
    • Identify areas for improvement in the vendor management process, supply chain efficiency, or product sourcing strategy.
  7. Collaboration with Cross-functional Teams:
    • Partner with marketing, sales, and product teams to ensure a cohesive approach to product launches, promotions, and demand forecasting.
    • Work with the finance team to monitor vendor payments, address discrepancies, and ensure compliance with budgetary constraints.
    • Coordinate with the legal team to ensure that all vendor contracts are up-to-date and legally compliant.
  8. Vendor Risk Management:
    • Identify potential risks within the vendor network, such as over-reliance on a single supplier or geopolitical risks affecting the supply chain.
    • Develop contingency plans to mitigate vendor-related risks, ensuring business continuity even in the event of supplier issues.
    • Monitor global market trends, regulatory changes, and industry developments that may impact the availability, cost, or quality of sourced products.

Required Skills & Qualifications

  • Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
  • A minimum of 5 years of experience in vendor management, procurement, or supply chain management, preferably in an e-commerce or retail setting.
  • Strong negotiation skills with a proven track record of securing favorable contracts and pricing with vendors.
  • Excellent communication skills, both written and verbal, with the ability to manage relationships across multiple time zones.
  • Strong analytical and problem-solving abilities, with the capacity to make data-driven decisions.
  • Proficiency in using vendor management systems (VMS), inventory management software, and e-commerce platforms.
  • In-depth knowledge of supply chain processes, logistics, and inventory control.
  • Experience in product sourcing and quality control, particularly in the context of international vendors.
  • Ability to work independently in a remote setting while managing multiple tasks and priorities.

Preferred Qualifications

  • Master’s degree in Supply Chain Management or Business Administration.
  • Experience in managing vendors in multiple regions and working with cross-border supply chains.
  • Familiarity with industry-specific certifications and regulatory requirements for product quality and safety.
  • Advanced proficiency in data analytics tools such as Excel, Tableau, or similar platforms.

Why Join Us?

This role offers the opportunity to have a direct impact on the success of our e-commerce business. As the E-commerce Vendor Manager, you’ll play a crucial role in shaping our product offerings and ensuring that our customers receive high-quality products, on time and at the right price. In addition to a competitive salary of $104,708, we offer a dynamic, supportive, and collaborative work environment where your contributions will be valued.

Frequently Asked Questions (FAQs)

1. What are the primary responsibilities of the E-commerce Vendor Manager position?

The E-commerce Vendor Manager is responsible for sourcing and onboarding vendors, negotiating contracts, managing vendor relationships, ensuring supply chain efficiency, and maintaining product quality. The role also involves collaboration with cross-functional teams to support inventory management, pricing strategies, and supply chain logistics for the e-commerce platform.

2. What qualifications are required to excel as an E-commerce Vendor Manager?

Candidates should hold a bachelor’s degree in Supply Chain Management, Business Administration, or a related field, with at least 5 years of experience in vendor management or procurement, preferably in an e-commerce or retail setting. Strong negotiation skills, analytical abilities, and proficiency in vendor and inventory management systems are essential.

3. How does the E-commerce Vendor Manager handle vendor performance and relationship management?

The E-commerce Vendor Manager monitors vendor performance using key performance indicators (KPIs) such as delivery accuracy, product quality, and responsiveness. Regular reviews are conducted with vendors to ensure alignment with company standards and resolve any issues related to delays, discrepancies, or contract terms.

4. What tools and systems are typically used by the E-commerce Vendor Manager?

The E-commerce Vendor Manager utilizes vendor management systems (VMS), inventory management software, and e-commerce platforms to streamline operations. Proficiency in data analytics tools like Excel or Tableau is also critical for monitoring vendor performance, analyzing market trends, and managing costs effectively.

5. How does the E-commerce Vendor Manager mitigate risks in the supply chain?

The E-commerce Vendor Manager identifies potential risks such as reliance on single suppliers, geopolitical issues, or regulatory changes. By developing contingency plans, diversifying the vendor base, and staying updated on global market trends, the role ensures business continuity and minimizes disruptions in the supply chain.