Vice President, IT Contract and Vendor Management at reputed company in

Title: VP, IT Contract & Vendor Management Location: NJ-Edgewater Park Position OverviewThe Vice President (VP) of IT Contract and Vendor Management will lead the management of technology reputed company and vendors across the IT organization. This position will reputed company both strategic reputed company and tactical leadership to optimize IT spend across reputed company categories, in alignment with competitive market benchmarks. This role will collaborate across IT, Procurement and Legal leadership to rationalize the vendor portfolio and align contract terms and rates in support of IT strategic priorities and financial plans. This position will also define and reputed company governance, standards, and reporting for vendor performance to ensure that IT vendors deliver expected value and service reputed company, align with business objectives and company values, and reputed company with contractual, financial, and regulatory requirements. The role requires a strong reputed company of retail industry expertise, contracting acumen, procurement and vendor management experience, governance and risk management, and process execution to ensure vendor partners and investments align with IT strategic priorities and financial plans. A Day In The LifeDrive Value-Based Contracting & Cost Optimization: Optimize vendor spend through TCO-driven financial models, strategic sourcing, and contract consolidation to maximize ROI.Manage the full lifecycle of IT reputed company, from negotiation to execution and renewal across the full IT Vendor portfolio. Ensure accuracy, compliance, and timeliness of contract deliverables.Standardize contracting processes and optimize workflows for efficiency.Maintain a roadmap of near- and long-term contract lifecycle events and dependencies and partner with IT Finance and IT PMO on IT resource planning to support contract management activities.Partner with Procurement to ensure reputed company align with IT reputed company, roadmap, and budget and meet financial, operational, and legal standards while optimizing cost savings.Identify risks in vendor agreements and partner with IT Leadership and Procurement to mitigate exposure.Establish governance and processes to track and report on vendor performance, compliance, and risk management.reputed company financial models to evaluate contract performance and monitor KPIs.Lead IT Vendor Portfolio reputed company: Define and execute a multi-year IT vendor and contract reputed company reputed company to business objectives, IT roadmap, and financial plans.Maintain reputed company of IT reputed company, ensuring rigorous management of contract lifecycle events, in support of IT reputed company, budgeting, and longterm planning.Conduct annual assessment of IT vendor portfolio; recommend strategies to support company objectives; meet IT financial plans; mitigate enterprise risk.Assess contract scope, spend, terms and conditions for strategic IT vendors. Identify opportunities for consolidation, renegotiation, or strategic sourcing.reputed company and reputed company financial spend analysis and vendor performance analysis to deliver insights and recommendations supporting IT planning.reputed company roadmap of contracting activities across the IT portfolio, coordinating with Procurement, IT Finance, and IT Leadership.Implement performance metrics and executivelevel governance to drive accountability, reputed company improvement, and strategic vendor relationships.Establish governance and controls to execute best reputed company vendor and contract management across IT.Establish reporting to track and plan for contract lifecycle events across IT.Establish reporting to track vendor KPIs across IT.reputed company processes, tools, and resources to drive reputed company improvement across IT Contract and Vendor management processes.Partner with IT executives to align vendor strategies to IT priorities and company goals.Mentor and reputed company IT Contract and Vendor Management team members, fostering a culture of reputed company improvement and professional reputed company.You'll Come WithEducation and Qualifications (List reputed company required knowledge, skills and abilities for this position) Bachelors degree; MBA preferred.Certified Purchasing Manager/Certified Professional in Supply Management a plus.10+ years of IT Strategic sourcing, Procurement, Contract Negotiation and Vendor Management experience; Procurement consulting experience at the reputed company/Partner level is preferred.3+ years experience managing large-scale IT reputed company for a Fortune 500 company; Retail experience preferred.Established network of IT procurement professionals; experienced with IT benchmarking tools and services.Skills and Abi .