Vendor Relations, Senior Specialist

Master Works is seeking a Vendor Relations, Senior Specialist responsible for managing vendor relationships, procurement activities, and framework agreements. The role ensures vendor compliance, commercial efficiency, timely delivery, and effective coordination between internal stakeholders and suppliers.

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 corresponden