What are the responsibilities and job description for the Vendor Management Specialist position at Delta Electronics Americas?
Title : Vendor Management Specialist
Location : Plano, Texas
Who We Are :
Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across five continents. Delta has 158 sales offices, 72 R&D centers and 48 manufacturing facilities worldwide.
Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies, and dedication to ESG. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 11 consecutive years. In 2021, Delta was also recognized by CDP with leadership level ratings for its substantial contribution to climate change and water security issues and named Supplier Engagement Leader for its continuous development of a sustainable value chain.
What you will be doing :
The Vendor Management Specialist is responsible for overseeing and managing relationships with the company’s vendors and suppliers. This role ensures that all vendor agreements are efficiently managed, performance is optimized, and costs are controlled. The specialist will be involved in vendor selection, contract negotiation, performance monitoring, and problem resolution to ensure smooth supply chain operations.
Key Responsibilities :
- Vendor Selection & Onboarding : Identify and evaluate potential vendors based on business requirements. Facilitate the onboarding process for new vendors, ensuring compliance with company policies and standards.
- Contract Negotiation : Lead negotiations for vendor contracts, ensuring favorable terms for the company while maintaining strong vendor relationships.
- Performance Monitoring : Monitor and evaluate vendor performance against agreed-upon metrics such as quality, cost, delivery time, and customer service. Implement corrective actions when necessary to maintain performance standards.
- Relationship Management : Develop and maintain strong working relationships with key vendors. Act as the primary point of contact for all vendor-related issues and concerns.
- Cost Control : Collaborate with internal departments to manage budgets, ensure that vendor pricing aligns with market standards, and negotiate cost savings where possible.
- Compliance & Risk Management : Ensure that all vendor activities comply with legal, regulatory, and company standards. Identify and mitigate risks related to vendors and supply chain operations.
- Reporting & Documentation : Maintain accurate records of vendor contracts, performance metrics, and communications. Provide regular reports on vendor performance and supplier trends to senior management.
- Problem Resolution : Address and resolve any issues or disputes between vendors and the company, ensuring minimal disruption to operations.
- Continuous Improvement : Stay informed about industry trends, best practices, and new vendor technologies that could improve processes and vendor management strategies.
Qualifications :
Preferred Qualifications :
Working Conditions :
