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Vendor Analyst Jobs (NOW HIRING)

Support contract lifecycle activities, including contract analysis, pricing evaluations, renewal planning, procurement coordination, and cost management. Develop and maintain vendor scorecards ...

Support contract lifecycle activities, including contract analysis, pricing evaluations, renewal planning, procurement coordination, and cost management. Develop and maintain vendor scorecards ...

General information Press space or enter keys to toggle section visibility Job Title IT Vendor Engagement Analyst Functional Area Teammate - Information Technology City Remote Work Location Type ...

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Vendor Analyst information

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$38

$55

How much do vendor analyst jobs pay per hour?

As of Jul 24, 2026, the average hourly pay for vendor analyst in the United States is $38.72, according to ZipRecruiter salary data. Most workers in this role earn between $31.01 and $45.91 per hour, depending on experience, location, and employer.

How does a Vendor Analyst typically collaborate with other departments within an organization?

Vendor Analysts often work closely with procurement, finance, legal, and operations teams to ensure that vendor relationships align with organizational goals. They may coordinate with procurement to evaluate supplier proposals, support finance in conducting cost analyses, and partner with legal to review contract terms. Effective collaboration is key for addressing vendor performance issues, ensuring compliance, and optimizing supply chain efficiency. This cross-functional teamwork provides Vendor Analysts with broad exposure to various business functions and can open up diverse career advancement opportunities.

What does a vendor analyst do?

A vendor analyst evaluates and manages relationships with suppliers and service providers to ensure quality, cost-effectiveness, and compliance with company standards. They analyze vendor performance data, negotiate contracts, and support procurement processes, often using tools like spreadsheets and procurement software. Strong analytical skills and attention to detail are essential for this role.

What are the key skills and qualifications needed to thrive as a Vendor Analyst, and why are they important?

To thrive as a Vendor Analyst, you need strong analytical abilities, knowledge of procurement processes, and a bachelor's degree in business, supply chain management, or a related field. Familiarity with vendor management systems (VMS), contract management software, and proficiency in Excel or similar data analysis tools are typically required. Excellent communication, negotiation, and problem-solving skills help build effective vendor relationships and resolve issues efficiently. These competencies ensure optimal vendor performance, cost savings, and alignment with organizational goals.

What is the difference between Vendor Analyst vs Procurement Analyst?

AspectVendor AnalystProcurement Analyst
Required CredentialsBachelor's degree in Business, Supply Chain, or related field; certifications like CIPS or CPSM are commonBachelor's degree in Business, Supply Chain, or related field; certifications like CPSM or APICS CPIM are common
Work EnvironmentTypically in corporate or vendor management settings, analyzing vendor performance and contractsUsually in procurement or purchasing departments, focusing on sourcing and purchasing strategies
Employer & Industry UsageUsed by companies managing multiple vendors across industries like manufacturing, retail, and techUsed by organizations involved in sourcing, procurement, and supply chain management

Vendor Analysts and Procurement Analysts share similar educational backgrounds and certifications, often working in related environments. While Vendor Analysts focus on managing vendor relationships and performance, Procurement Analysts concentrate on sourcing and purchasing strategies. Both roles are vital in supply chain management and are frequently searched together by professionals seeking careers in procurement and vendor management.

What is the highest paid job in supply chain?

In supply chain management, executive roles such as Supply Chain Director or Vice President of Supply Chain typically have the highest salaries, often exceeding six figures. These positions require extensive experience, strategic skills, and often involve overseeing global operations and implementing advanced supply chain technologies.

Is vendor a good career path?

A Vendor Analyst role involves managing supplier relationships, analyzing procurement data, and ensuring supply chain efficiency. It can be a stable career with opportunities for advancement, especially for those with strong analytical, negotiation, and communication skills. The field often requires familiarity with procurement tools and industry standards, making it suitable for individuals interested in supply chain management and business operations.

How much do vendors get paid?

Vendor analysts typically earn between $50,000 and $80,000 annually, depending on experience, location, and industry. Salaries can vary based on the complexity of vendor management, certifications, and the size of the organization.

What Does a Vendor Analyst Do?

A vendor analyst designs new rating systems so that manufacturing companies can compare suppliers and make purchasing decisions to improve their bottom line. Your duties are to do in-depth research of various outsourcing options available to manufacturers and develop tools that allow the business to choose the right supplier. Qualifications for the job include a mix of career experience, education, and skills. You should have a bachelor’s degree in IT, logistics, or business administration along with several years of work in vendor/supplier analysis.

What are Vendor Analysts?

Vendor Analysts are professionals who evaluate, manage, and optimize relationships between an organization and its external suppliers or service providers. They analyze vendor performance, negotiate contracts, assess risks, and ensure that vendors meet agreed-upon standards and deliverables. Vendor Analysts play a key role in cost control, compliance, and improving the efficiency of the supply chain or procurement processes.
What cities are hiring for Vendor Analyst jobs? Cities with the most Vendor Analyst job openings:
Who are the top companies hiring for Vendor Analyst jobs? The top employers for Vendor Analyst jobs are:
What states have the most Vendor Analyst jobs? States with the most job openings for Vendor Analyst jobs include:
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Infographic showing various Vendor Analyst job openings in the United States as of July 2026, with employment types broken down into 89% Full Time, 6% Part Time, 1% Temporary, and 4% Contract. Highlights an 83% Physical, 7% Hybrid, and 10% Remote job distribution, with an average salary of $80,541 per year, or $38.7 per hour.
ERP Vendor Management Analyst

Full-time

Posted 10 days ago


Job description

CompanyFederal Reserve Bank of Kansas CityWhen you join the Federal Reserve-the nation's central bank-you'll play a key role, collaborating with leading professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we're building a dynamic and diverse team for our future.

TheEnterprise Resource Planning Support Office's(ESO)Vendor Manager is a strategic and operational leader responsible for the fullsupplierlifecycleand service deliveryof third-party vendor management across allERPplatforms and services.Thisentailsestablishingand drivingvendor relationship management, contract negotiation, riskand spendmonitoring, and performance measurement practices to ensure alignment withtheFederal ReserveSystemVendorManagementFrameworkand service-level expectations.This individualpartners closely withtheERPbusinessproductteams,System Procurement,and the Richmond Fedprocurement,legal, risk, and financeareastosupport the overall supplier lifecycle and toensure vendors deliver expected value and performance.

Key Activities

  • Performs work under limited supervision with extensive autonomy and discretion; plans and arranges short and long-term workfor the vendor management function in alignment with the organization's overall businessobjectives. Influences timelines, expectations and proactively negotiates within theERP organization.

  • Communicatesand influences internal and external stakeholdersat an operational and strategic levelregardingpolicies, procedures, and practices.

Vendor Strategy

  • Effectively manage and develop thevendormanagement process and strategiesfor the ESO, aligning withlocal andSystempoliciesand industry best practices.

  • Implement scalable best practicesforvendor management lifecycle activities including onboarding, offboarding, contractoversight, performance monitoring,andrisk management.

Relationship and Performance Management

  • Serve as the primary relationship manager forall ERP vendors.

  • Lead and organizebusinessreviewswith key vendors,business product stakeholders, and leadership.

  • Monitor and evaluate vendor performance against SLAs, KPIs, and business outcomes.

  • Partner with enterprise risk, information security,and compliance teams to supportvendor managementauditsand/or third-party providerrisk assessments and regulatory inquiries.

  • Performand accountable forongoingservice deliveryactivitiesthrough the establishment ofvendor management plans includingrelationship management, risk assessment,mitigation,risk monitoring and control,performance scorecardandimprovementplans,contingencyandcrisis management,andleadership and delivery tracking meetings.

Contractand Financial Management

  • Act as the primary point of contactrepresentingthe business during the sourcing and procurement stages of the supplier lifecycle.In collaboration with the National/Local Procurement Office, ensure adherence to and provide support forcomplying withSystem Procurement standards and Model Acquisition Guidelines.

  • Collaborate withSystemProcurement,legal, information securityandbusiness line(s) stakeholders whenestablishingnew and/orrenewed contract terms and purchase orderstoensure all contractual terms and conditionscomply withFRSstandardsand meet the needs of the business.

  • Establish negotiation strategies that result in cost savings and favorable terms and conditions while minimizing risk.

  • Supportand/or author Statement of Work (SOW)for services agreements. Verifyperformance to each SOW, adherence to timelines, cost management, change control,and corrective actions, as necessary.

  • Manage contract renewals, amendments, and service-level agreements.

  • Monitorthe ESO's software budget,monitorvendor spend and cost effectivenessincluding product usage and cost trend analysis tosupport budgeting and forecasting activities;validateandensurevendor invoicesare processed in alignments withthe applicable contract terms to ensure compliance.

  • Monitor vendors' adherence to agreement terms, commitments, and terms and conditions.

  • Develop, support, and track reporting requirements - Key Performance Indicators (KPIs), Key Risk Indicators (KRIs), andcontractual obligations including entitlement usage and trendanaylsisanalysisfor technology vendors.

LeadershipandOutreach

  • Participate inlocaland Systemworkgroups and communities of practiceto address complex, multi-functionalinitiatives,issues, problems, or opportunities for technology vendors.

  • Supervise and develop Analysts/Specialistssupporting vendor management work; assign workload and provide coaching and development opportunities.

  • Champion a culture of continuous improvement and accountability within the vendor management functionand across the ERP.

Qualifications

Education and Experience

  • Bachelor's degree in Business, Supply Chain, Finance, or related field (Master'spreferred).

  • 7-10 years of relevant experience in vendor management, strategic sourcing, procurement, or supplier governance.

  • Demonstrated experiencemanaginghigh-value, complexthird-party/external vendorportfolios and relationships.

  • Additionalexperience should include subcontracting, e-sourcing systems,understanding ofmarket-based and cost-based pricingstructures and negotiation strategies.

Skills and Competencies

  • Strong understanding ofvendor management best practices, industry trends, andthird-party risk management principles and regulatory considerations.

  • Excellent negotiation, contractmanagement, and vendor relationship management skillsincluding:performance monitoring, problem resolution, and risk management.

  • Proficient inestablishingperformance analyticsand spend management and monitoring practices, with ability to interpret and act on SLAs,KPIs, and trend analysis.

  • Effective communicator with ability to influence senior stakeholders and vendors.

  • Strategic thinker with stronganalytical, organizational, andproject management skills.

  • Prudent judgment and decision-making, as well as a creative approach to problem solving.

  • Strong interpersonal skills and ability to work with and build relationships with individuals at all levels of the organization.

  • Proficient inMicrosoft Office 365 andvendor management or procurement systems.

Additional Information

How We Work:

  • On-site, full-time with 5 days per month remote work flexibility. Requirements vary by district.

  • Locations: Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St Louis, Minneapolis, Kansas City, Dallas, San Francisco

  • Remote Eligible: No

  • Relocation Assistance: No

Salary:

  • $94.600 - 122,400 / Senior Level

  • $108,000 - 139,800 / Advanced Level

  • $127,900 - 165,600 / Expert-Lead Level

  • Final offers are determined by factors including the candidate's qualifications, internal alignment considerations, district assignment, and geographic location.

Screening Requirements: Certain eligibility requirements may apply.

Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

About Us

  • Total Rewards & Benefits

  • Who We Are

  • What We Do

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Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryInformation Technology Family GroupWork ShiftFirst (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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