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Vendor Development Manager Jobs in Delaware (NOW HIRING)

Due Diligence Manager

Millsboro, DE · On-site

$74K - $101K/yr

Due Diligence Manager We are Lennar Lennar is one of the nation's leading homebuilders, dedicated ... vendors regarding the study and development of the property. * Review and evaluate development ...

Due Diligence Manager

Millsboro, DE · On-site

$74K - $101K/yr

Due Diligence Manager We are Lennar Lennar is one of the nation's leading homebuilders, dedicated ... vendors regarding the study and development of the property. * Review and evaluate development ...

Due Diligence Manager

Wilmington, DE · On-site

$110 - $160/hr

Due Diligence Manager We are Lennar Lennar is one of the nation's leading homebuilders, dedicated ... vendors regarding the study and development of the property. * Review and evaluate development ...

Due Diligence Manager

Wilmington, DE

$82K - $112K/yr

Due Diligence Manager We are Lennar Lennar is one of the nation's leading homebuilders, dedicated ... vendors regarding the study and development of the property. * Review and evaluate development ...

Due Diligence Manager

Dover, DE · On-site

$84K - $115K/yr

Due Diligence Manager We are Lennar Lennar is one of the nation's leading homebuilders, dedicated ... vendors regarding the study and development of the property. * Review and evaluate development ...

Due Diligence Manager

Dover, DE · On-site

$95 - $135/hr

Due Diligence Manager We are Lennar Lennar is one of the nation's leading homebuilders, dedicated ... vendors regarding the study and development of the property. * Review and evaluate development ...

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Vendor Development Manager information

What is a vendor development manager?

Vendor Development Managers are professionals responsible for identifying, evaluating, and managing relationships with suppliers or vendors to ensure the organization receives quality goods and services at competitive prices. They work to develop and maintain strong partnerships with vendors, negotiate contracts, and monitor vendor performance. Their role is crucial in optimizing supply chain efficiency, reducing costs, and ensuring that vendors meet the company’s standards and requirements.

What are the key skills and qualifications needed to thrive as a vendor development manager?

To thrive as a Vendor Development Manager, you need expertise in supplier relationship management, procurement strategies, and a background in business administration or supply chain management. Familiarity with procurement software (such as SAP Ariba or Oracle Procurement), contract management systems, and relevant certifications like CPSM or CSCP are highly valued. Strong negotiation, analytical thinking, and interpersonal communication skills set top performers apart in this role. These abilities ensure effective vendor partnerships, cost efficiency, and seamless supply chain operations.

What are some common challenges vendor development managers face when onboarding new suppliers?

Vendor Development Managers often encounter challenges such as aligning supplier capabilities with company quality and compliance standards, managing communication across different cultures and time zones, and ensuring timely delivery of products or services. Building trust and transparency with new vendors can require extra effort, particularly in highly regulated industries. Proactive relationship management and clear onboarding processes are essential to address these challenges and foster long-term, mutually beneficial partnerships.

What is the difference between Vendor Development Manager vs Procurement Specialist?

AspectVendor Development ManagerProcurement Specialist
CredentialsBachelor's degree in Business, Supply Chain, or related field; experience in vendor managementBachelor's degree in Business, Supply Chain, or related field; purchasing certifications often preferred
Work EnvironmentFocuses on building vendor relationships, negotiating contracts, and developing new suppliersHandles purchasing activities, sourcing, and order processing
Employer & Industry UsageCommon in manufacturing, retail, and logistics companiesUsed across various industries including manufacturing, retail, and government agencies
Search & Comparison IntentPeople compare to understand vendor management roles and responsibilitiesOften compared to understand procurement processes and sourcing strategies

The Vendor Development Manager primarily focuses on developing and managing vendor relationships, negotiating contracts, and expanding supplier networks. In contrast, the Procurement Specialist handles purchasing activities, sourcing, and order fulfillment. Both roles are essential in supply chain management but differ in scope and responsibilities.

How much does a vendor development manager earn?

A vendor development manager's salary typically ranges from $70,000 to $130,000 annually, depending on experience, industry, and location. Senior roles or those in large organizations may offer higher compensation, often including bonuses and benefits.

What are popular job titles related to Vendor Development Manager jobs in Delaware?

For Vendor Development Manager jobs in Delaware, the most frequently searched job titles are:

What cities in Delaware are hiring for Vendor Development Manager jobs?

Cities in Delaware with the most Vendor Development Manager job openings:

Senior Manager, Vendor Management

Sallie Mae Bank

New Castle, DE • On-site

$80 - $100/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

New


Job description

Overview

When you join Sallie Mae, you become a champion for all students. We’re on a mission to power confidence as students begin their unique journey, help them plan education, finish their studies, and prepare for life after school. This role supports that mission by transforming how we manage vendor relationships.

Responsibilities
  • Identify potential vendors, assess capabilities, and evaluate suitability for partnership.
  • Collaborate with legal and procurement teams to review and finalize contracts, ensuring compliance with relevant regulations and policies.
  • Proactively identify and address vendor‑related issues, resolve conflicts, and mitigate risks.
  • Monitor vendor costs, track expenditures, and identify opportunities for cost optimization.
  • Collaborate with internal teams such as procurement, legal, IT, and business units to align vendor management processes with organizational needs.
  • Drive continuous improvement initiatives to enhance vendor management processes and practices.
QualificationsMinimum:
  • Strong knowledge of vendor management principles, best practices, and industry trends.
  • Excellent negotiation, contract management, and vendor relationship building skills.
  • Sound understanding of legal and regulatory requirements related to vendor management.
  • Demonstrated ability to drive cost optimization initiatives and achieve measurable results.
  • Strong analytical and problem‑solving skills with a data‑driven decision approach.
  • Exceptional communication, influencing, and stakeholder management abilities.
  • Proven track record of successfully managing multiple vendors and projects simultaneously.
Preferred:
  • Bachelor’s degree in business administration, supply chain management, or a related field (Master’s degree preferred).
  • 6+ years experience in vendor management, procurement, or strategic sourcing, with at least 3 years in a senior management role.
Benefits
  • Competitive base salaries and bonus incentives.
  • Generous PTO, floating holidays, and 12 federal holidays observed.
  • Support for financial well‑being and retirement (401(k) with employer match).
  • Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance, and more.
  • Employer‑paid short‑term/long‑term disability and basic life insurance.
  • Flexible hybrid working arrangements.
  • Paid parental leave and adoption reimbursement programs.
  • Free access to on‑site staffed fitness centers (Delaware) and gym subsidy (other locations).
  • Confidential counseling support (EAP), health advocacy services, and wellness program with financial incentives.
  • Tuition reimbursement and family scholarship programs.
  • Career development and training opportunities.
EEO & ADA Statement

Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, veteran status, or any other characteristic protected by federal, state, or local law. Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination by employers, in compensation and employment opportunities, against qualified individuals with disabilities who, with or without reasonable accommodation, can perform the essential functions of a job.

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