What is Vendor Management?
Vendor Management refers to the practice of organizing and tracking the suppliers businesses work with. These suppliers may offer goods or services, but all vendors must be monitored to ensure invoices are paid, the company has enough money to pay for the invoices, and the company knows when vendors will arrive at the workplace with products or services.
How is Vendor Management used?
Zippia reviewed thousands of resumes to understand how vendor management is used in different jobs. Explore the list of common job responsibilities related to vendor management below:
- Played a pivotal role in the development of daily operations related to vendor management and all other areas within the department.
- Serve as the main point of contact for vendor management conflicts and identify opportunities to enhance vendor relationships.
- Aligned the Vendor Management team with cross-functional departments to deliver programs on time with zero defects.
- Draft, edit and review WIC policies, guidelines and criteria related to vendor management procedures.
- Interacted with all areas of the company on behalf of IT and Vendor management.
- Establish policies and procedures of a newly created vendor management program.
Are Vendor Management skills in demand?
Yes, vendor management skills are in demand today. Currently, 11,377 job openings list vendor management skills as a requirement. The job descriptions that most frequently include vendor management skills are manager, vendor relations, vending coordinator, and vending manager.
How hard is it to learn Vendor Management?
Based on the average complexity level of the jobs that use vendor management the most: manager, vendor relations, vending coordinator, and vending manager. The complexity level of these jobs is challenging.
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What jobs can you get with Vendor Management skills?
You can get a job as a manager, vendor relations, vending coordinator, and vending manager with vendor management skills. After analyzing resumes and job postings, we identified these as the most common job titles for candidates with vendor management skills.
Manager, Vendor Relations
- Vendor Management
- Vendor Relations
- Vendor Performance
- Customer Service
- SLA
- Vendor Compliance
Vending Coordinator
Job description:
A vending coordinator serves as a liaison between a company and its vendors and suppliers, building positive relationships in the process. It is their responsibility to identify and understand the needs of a company and its branches, conduct market research and analysis, oversee purchase transactions, negotiate contracts, and evaluate the external partners' performances. Aside from maintaining an active communication line with vendors, a vending coordinator also performs clerical tasks such as preparing and processing documentation, handling calls and inquiries, and producing progress reports.
- Vendor Management
- Vendor Relations
- Customer Service
- Purchase Orders
- Vendor Performance
- Vendor Compliance
Vending Manager
Job description:
A vending manager is in charge of overseeing and managing vending machine operations, ensuring efficiency and smooth workflow. Their responsibilities typically revolve around devising strategies to identify potential business areas, collecting cash from machines, liaising with clients, delegating tasks, and coordinating refilling and repair procedures. They must also produce progress and revenue reports, implement solutions, and resolve issues promptly. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
- Vendor Management
- Project Management
- Vendor Performance
- Customer Service
- PowerPoint
- Process Improvement
Director, Data Center Operations
Job description:
In the information technology industry, a director of data center operations spearheads and oversees the performance of systems, networks, and servers, ensuring everything runs smoothly and efficiently. They have the authority to delegate tasks among teams, make decisions, set goals, establish guidelines and timelines, liaise with internal and external parties, and develop strategies to optimize data center operations. Moreover, as a director of data center operations, it is essential to lead and encourage staff to reach goals while implementing the data security policies and standards of the company.
- Oversight
- Vendor Management
- Retrofit
- OpEx
- Incident Management
- KPI
How much can you earn with Vendor Management skills?
You can earn up to $110,966 a year with vendor management skills if you become a manager, vendor relations, the highest-paying job that requires vendor management skills. Vending coordinators can earn the second-highest salary among jobs that use Python, $44,480 a year.
| Job title | Average salary | Hourly rate |
|---|---|---|
| Manager, Vendor Relations | $110,966 | $53 |
| Vending Coordinator | $44,480 | $21 |
| Vending Manager | $102,106 | $49 |
| Director, Data Center Operations | $159,259 | $77 |
| Senior Telecom Analyst | $72,415 | $35 |
Companies using Vendor Management in 2025
The top companies that look for employees with vendor management skills are Robert Half, Sedgwick LLP, and Deloitte. In the millions of job postings we reviewed, these companies mention vendor management skills most frequently.
| Rank | Company | % of all skills | Job openings |
|---|---|---|---|
| 1 | Robert Half | 10% | 8,358 |
| 2 | Sedgwick LLP | 9% | 5,297 |
| 3 | Deloitte | 7% | 25,048 |
| 4 | Caliber Collision | 7% | 1,116 |
| 5 | CTG | 6% | 499 |
Departments using Vendor Management
| Department | Average salary |
|---|---|
| Non Profit/Government | $77,697 |
3 courses for Vendor Management skills
1. Human Resources Payroll Management & Vendor Relations
In this course you will learn the essential skills and knowledge needed for a Human Resources Professional with Payroll Management that you need for a role in any HR department. HR professionals will learn how to set up and administer a payroll system. We'll go over the most common payroll topics, such as classifying workers, understanding exempt vs. nonexempt employees, retaining records, and picking a payroll system. Human resource (HR) functions are central to every organization's success. Virtually every organization has a human resources department, so skilled HR professionals are always in demand. Within the HR field, specialties such as payroll administration offer career advancement opportunities for both entry-level and established HR professionals.. We'll also get into details such as paying sick and vacation time, understanding the role of benefits in compensation, and processing final wages as the result of termination. By the end of this course you'll have a solid understanding of the role for HR payroll and be able to build a successful payroll system that ensures employees are paid correctly and punctually every time. Payroll is a vital extension of most human resource departments. The course covers all critical areas of payroll administration and management. You will gain an understanding of the major components of the state labor code in your chosen state...
2. SAP Vendor Invoice Management(VIM) by OpenText
** Disclaimer ** -I do NOT do Live Training. SAP is a registered trademark of SAP AG in Germany and many other countries. I am NOT associated with SAP or Opentext. SAP software and SAP GUI are proprietary SAP software. Neither Udemy nor me are authorized to provide SAP Access. You can officially get SAP Access to practice on SAP system from SAP's website. I am not allowed by Udemy to place a link here. Please google SAP Access and you can find the URL for the same.** End of Disclaimer **OpenText Vendor Invoice Management is an add-on solution to SAP S/4HANA on Premise to provide automation of invoice processing, routing of invoice exceptions, managing of processing rules, and monitoring of process flows. By implementing Vendor Invoice Management (VIM), companies achieve the following:• Acceleration of AP operations across the enterprise• Optimal integration of an invoice automation solution into SAP S/4HANA on Premise• Higher productivity in Accounts Payable and increased flexibility in cash management by reducing the time until invoices are free for payment• Improved supplier relations through fast and accurate invoice processing• Accurate, on-time financial reporting with integrated access to AP information• Regulatory compliance through a well-managed process using pre-configured rules, roles, and actions considering country-specific regulationsStudents will learn everything in this course, starting from the process flow to become an implementation consultant...
3. SAP Vendor Invoice Management(VIM) Approval Workflow Course
**Code: MAY2022**** Disclaimer ** -I do NOT do Live Training. SAP is a registered trademark of SAP AG in Germany and many other countries. I am NOT associated with SAP or Opentext. SAP software and SAP GUI are proprietary SAP software. Neither Udemy nor me are authorized to provide SAP Access. You can officially get SAP Access to practice on SAP system from SAP's website. I am not allowed by Udemy to place a link here. Please google SAP Access and you can find the URL for the same.** End of Disclaimer **** Pre-requisite Course**SAP Vendor Invoice Management(VIM) by OpenText in Udemy. OpenText Vendor Invoice Management is an add-on solution to SAP S/4HANA on Premise to provide automation of invoice processing, routing of invoice exceptions, managing of processing rules, and monitoring of process flows. By implementing Vendor Invoice Management (VIM), companies achieve the following:• Acceleration of AP operations across the enterprise• Optimal integration of an invoice automation solution into SAP S/4HANA on Premise• Higher productivity in Accounts Payable and increased flexibility in cash management by reducing the time until invoices are free for payment• Improved supplier relations through fast and accurate invoice processing• Accurate, on-time financial reporting with integrated access to AP information• Regulatory compliance through a well-managed process using pre-configured rules, roles, and actions considering country-specific regulationsApproval workflow: Level-based approval flow for PO and NPO invoices. DP level approvalParked invoice approvalPosted invoice approvalBlocked approval workflow for PO invoices. Students will learn everything in VIM approval workflow in this course, starting from the process flow to become an implementation consultant...