About Company
Siemens AG is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability, and internationality for more than 170 years. Active in over 200 countries, Siemens focuses on areas of electrification, automation, and digitalization. We are a leader in providing intelligent infrastructure for buildings and distributed energy systems, as well as in process and discrete industries, and mobility solutions. With a workforce of over 320,000 talented individuals worldwide, Siemens is committed to creating value for customers, employees, and society. We believe in harnessing technology to transform the everyday for a better future, and we foster a culture of innovation, collaboration, and continuous learning. Join us in shaping the world of tomorrow.
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Job Description
As a Vendor Management Specialist at Siemens AG, you will be at the forefront of optimizing our supply chain and ensuring the highest quality, innovation, and cost-efficiency of our external services and products. This pivotal role involves comprehensive management of our key supplier relationships, driving strategic value, and mitigating risks across various Siemens business units in Germany and internationally. You will be instrumental in developing and implementing robust vendor strategies that align with our overarching corporate objectives, fostering long-term, mutually beneficial partnerships.
Your day-to-day responsibilities will span the entire vendor lifecycle, from meticulous selection and onboarding processes, including rigorous due diligence and risk assessments, to advanced contract negotiation and ongoing performance monitoring. You will conduct regular, strategic business reviews with our top-tier vendors, discussing performance metrics, addressing potential issues, and identifying opportunities for continuous improvement and innovation. This involves a proactive approach to drive initiatives focused on cost reduction, quality enhancement, and the adoption of cutting-edge technologies.
This position demands an individual with exceptional analytical capabilities, strong negotiation prowess, and a keen eye for detail, coupled with the ability to navigate complex contractual frameworks. You will be a central point of contact, collaborating closely with internal stakeholders across Procurement, Legal, IT, and various Business Units to ensure seamless vendor integration and support, and to translate business needs into effective vendor agreements. Your work will directly impact our operational efficiency, our capacity for innovation, and our ability to deliver market-leading solutions to our global customer base.
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This is an exciting opportunity to contribute to a world-leading technology company, where your expertise will help shape our future success and foster sustainable, high-performing partnerships. We are looking for someone who thrives in a dynamic, fast-paced environment, is adept at strategic problem-solving, and is passionate about achieving operational excellence through superior vendor management. The role offers significant exposure to diverse technologies, complex supply chains, and advanced business processes within Siemens, providing a rich platform for continuous professional growth and career advancement. Join us in shaping the world of tomorrow through intelligent and efficient vendor management.
Key Responsibilities
- Develop and implement vendor management strategies aligned with corporate objectives and business unit needs.
- Identify, evaluate, and select new vendors, conducting thorough due diligence, risk assessments, and capability analyses.
- Negotiate, review, and manage vendor contracts, ensuring favorable terms, compliance with legal requirements, and adherence to company policies.
- Monitor vendor performance against established Key Performance Indicators (KPIs), Service Level Agreements (SLAs), and contractual obligations.
- Conduct regular business reviews with key vendors to discuss performance, resolve issues, identify areas for improvement, and foster strategic alignment.
- Drive continuous improvement initiatives with vendors, focusing on cost reduction, quality enhancement, process optimization, and innovation adoption.
- Resolve vendor disputes, performance issues, and contractual disagreements promptly and effectively.
- Collaborate extensively with internal stakeholders (Procurement, Legal, IT, Business Units) to ensure seamless vendor integration, support, and alignment with project goals.
- Maintain accurate and up-to-date vendor records and documentation, including contracts, performance reports, audit findings, and compliance certificates.
- Analyze market trends, supplier landscapes, and emerging technologies to identify opportunities and potential risks within the supply chain.
- Ensure strict compliance with internal policies, industry regulations (e.g., GDPR, ISO standards), and ethical procurement standards.
- Manage vendor relationships proactively to build strong, collaborative, and resilient partnerships.
Required Skills
- Minimum of 4 years of proven experience in vendor management, procurement, supply chain management, or a closely related role within a complex organization.
- Demonstrated expertise in negotiation, contract management, and supplier relationship management.
- Exceptional analytical, problem-solving, and critical thinking abilities, with a data-driven approach.
- Proficiency in data analysis and reporting tools (e.g., Microsoft Excel, SAP, or similar ERP/SCM systems).
- Outstanding communication and interpersonal skills, with the ability to build and maintain strong relationships with internal and external stakeholders.
- Ability to work both independently and collaboratively as part of a cross-functional and international team.
- Fluent in English and German (written and spoken) is mandatory.
- Strong understanding of legal and contractual frameworks pertinent to vendor agreements and procurement.
- Proven capability to manage multiple projects and priorities in a fast-paced environment.
Preferred Qualifications
- Bachelor's or Master's degree in Business Administration, Supply Chain Management, Engineering, Economics, or a related field.
- Professional certification in Procurement (e.g., CIPS, CPSM) or Project Management (e.g., PMP).
- Experience with e-procurement platforms and specialized vendor management software solutions.
- Knowledge of industry-specific regulations and compliance requirements relevant to the manufacturing or technology sector.
- Prior experience working in a large, global, and matrixed organizational structure.
- Familiarity with digitalization and automation technologies in the context of vendor management processes.
Perks & Benefits
- Competitive salary package and performance-based bonus scheme.
- Comprehensive health and wellness programs, including medical and dental benefits.
- Flexible working hours and a hybrid work model to support work-life balance.
- Generous vacation allowance and observance of public holidays.
- Extensive opportunities for professional development, training, and continuous learning within Siemens' global academy.
- Access to Siemens' vast global network, cutting-edge technologies, and innovation ecosystem.
- Attractive employee discounts on various products, services, and corporate partnerships.
- Company pension scheme and comprehensive financial planning support.
- Subsidized public transport options or access to company car schemes (where applicable).
- Modern, collaborative, and ergonomic office environments with state-of-the-art facilities.
- Culture of innovation, diversity, and inclusion.
How to Apply
Interested candidates are invited to submit their comprehensive application, including a detailed CV, cover letter outlining their relevant experience, and any pertinent certifications, through our dedicated online career portal. Please click on the application link below to proceed. We look forward to reviewing your application and exploring how your skills and expertise can contribute to our Vendor Management team at Siemens AG.
