What is a Supplier Relationship Manager Job?
A supplier relationship manager job involves managing and maintaining the relationship between a company and its suppliers. This position requires a strong understanding of the supplier's capabilities, products, and services, as well as the company's needs, to ensure a mutually beneficial partnership.
What Usually Do in This Position?
A supplier relationship manager is responsible for ensuring that the company's suppliers meet the necessary standards for quality, delivery, and price. They negotiate contracts, monitor supplier performance, and manage supplier risk. They are also responsible for identifying potential new suppliers and developing relationships with them.
Top 5 Skills for Position
- Strong communication skills
- Negotiation skills
- Supply chain management knowledge
- Ability to analyze data
- Problem-solving skills
How to Become This Type of Specialist
A bachelor's degree in business, supply chain management, or a related field is typically required for a supplier relationship manager position. Relevant work experience in procurement or supply chain management is also beneficial. Certifications such as the Certified Professional in Supply Management (CPSM) or the Certified Supply Chain Professional (CSCP) can also enhance job prospects.
Average Salary
According to Glassdoor, the national average salary for a supplier relationship manager is $84,000 per year. However, salaries can vary depending on location, company size, and industry.
Roles and Types
Supplier relationship managers can work in a variety of industries, including manufacturing, healthcare, and finance. They can also specialize in specific areas such as procurement or vendor management. Other roles within supplier relationship management include supplier performance analyst, procurement specialist, and sourcing manager.
Locations with the Most Popular Jobs in USA
Supplier relationship manager jobs are available in many cities throughout the United States. Some of the most popular locations for these jobs include:
- New York, NY
- Chicago, IL
- San Francisco, CA
- Atlanta, GA
- Houston, TX
What are the Typical Tools
Supplier relationship managers use a variety of tools to manage supplier relationships and monitor performance. These tools include:
- Supplier management software
- Contract management software
- Enterprise resource planning (ERP) systems
- Customer relationship management (CRM) software
- Data analytics tools
In Conclusion
A supplier relationship manager plays a critical role in ensuring that a company's suppliers meet the necessary standards for quality, delivery, and price. This position requires strong communication and negotiation skills, as well as a deep understanding of the supply chain. A bachelor's degree in business or supply chain management is typically required, and certifications can enhance job prospects. Salaries for this position can vary depending on location, company size, and industry.