Vendor Master data

Vendor Master Data Specialist

Job Summary:

The Vendor Master Data Specialist plays a crucial role in maintaining and enhancing the integrity of vendor data, ensuring accurate and timely information flows within the organization. This position significantly impacts procurement and vendor management processes, fostering strong relationships with suppliers and contributing to operational efficiency.

Key Responsibilities:

• Manage the vendor onboarding process, including data collection, verification, and documentation.
• Maintain and update vendor master data in the system, ensuring accuracy and compliance with policies.
• Collaborate with cross-functional teams to resolve discrepancies and improve data quality.
• Conduct regular audits of vendor data to identify and rectify inconsistencies or errors.
• Develop and implement standard operating procedures for vendor data management.
• Assist in the training of team members on best practices for vendor data entry and management.
• Provide support for vendor-related inquiries and facilitate communication between vendors and internal stakeholders.

Requirements:

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Proven experience in vendor management, procurement, or data administration.
• Strong analytical skills with an attention to detail to ensure data accuracy.
• Proficiency in data management software and Microsoft Excel.
• Excellent communication skills, both verbal and written.
• Ability to work independently and collaboratively in a fast-paced environment.
• Familiarity with ERP systems is a plus.

Preferred Qualifications:

• Certification in Supply Chain Management or Data Management.
• Experience in data governance practices and methodologies.
• Understanding of procurement processes and supplier relationship management.
• Knowledge of regulatory compliance related to vendor management.
• Experience with automation tools for data entry or vendor management.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive health, dental, and vision insurance plans.
• Retirement savings plan with company matching contributions.
• Flexible work hours and remote work options.
• Professional development opportunities and training programs.
• Generous paid time off and holidays.
• Employee wellness programs and activities.