About this role
Job title: Vendor Manager
About the Role We are seeking a Vendor Manager to lead vendor prospecting, onboarding, and management for Newbury Franklin Industrials. You will help expand product offerings through new vendors, coordinate with buying groups, and drive data-driven decisions that improve pricing, margins, and supplier performance.
What You'll Do
- Prospect and onboard new vendors to expand product offerings
- Identify, evaluate, and onboard vendors; negotiate access to additional product lines with existing suppliers
- Manage vendor qualification: terms, compliance, and setup
- Lead buying group and vendor group management; represent Fix Supply at vendor summits and industry meetings
- Align company goals with buying group initiatives and member programs; build strong relationships with group members and vendor reps
- Oversee rebate programs, incentive structures, and compliance tracking
- Manage ERP product data and vendor integration; coordinate API and EDI data feeds
- Partner with data team to ensure timely ERP updates when vendor data changes (pricing, availability, specs)
- Conduct pricing and margin analysis using Excel and internal tools; support data-backed sourcing decisions
- Monitor rebate earnings and incentive performance against targets
What We're Looking For
- Required:
- 3+ years in supply chain, procurement, or vendor management
- Experience with buying groups or distributor programs
- Strong Excel skills (pivot tables, lookup, margin modeling)
- Excellent interpersonal and negotiation skills
- Preferred:
- Background in industrial, OEM, or MRO product supply
- Familiarity with ERP systems and product data management
- Working knowledge of EDI or API-based data integrations
- Comfort presenting to vendor reps and executive stakeholders
- Exposure to BI or data visualization tools
Nice to Have
- (Included in Preferred above)
Compensation & Benefits
- Salary: $75,000 - $85,000 per year
- Benefits: 401(k), 401(k) matching, Dental insurance, Health insurance, Vision insurance
- About Us: Newbury Franklin Industrials is the data-driven industrial manufacturing and distribution platform of Newbury Franklin, a private equity firm focused on long-term holdings.