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UA
Under Armour
Professional, Store Operations
Career Insights for Vendor Manager
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Scorecard
Based on Missouri data
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What they do
A Vendor Manager manages relationships with a company's vendors and oversees vendor procurements or sales performance. Manages vendor contracts. Tracks and reports on vendor sales performance. Manages procurement records and inventories. May assist with training provided to vendors to support product sales or services.
$110,967 / year median in Missouri
+4% projected growth
Job Description
Values & Innovation At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate. Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do. Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better. If you are a current Under Armour teammate, Purpose of Role Manage the administrative processes of Retail Ops, to ensure the correct Operations of the stores, while maintaining a continuous relationship with vendors and landlords. Your Impact Monthly monitoring of payable accounts. Management of payments to landlords of physical Under Armour Stores (Rent, Facilities, advertising, power supply, water) prior to deadline. Management of invoices from service vendors and suppliers prior to deadline. Coordinate preparation, execution and ensuring invoice are aligned and payments are completed. Report payments status, identifying sources of discrepancies to provide visibility into contingencies and further action items to be taken in order to solve. Constant communication and follow up with landlords and vendors. Sales Conciliation Follow up to stores transactions payment methods. Management of discrepancies with banking institutions. Monthly accounting provisions (Create and share with MX accounting team monthly provisions for percentage rent). Influencing Others Ensure contracts with vendors are up to date and negotiate new terms, when necessary, by partnering with Operations Leaders and Legal. Constant search of new products and vendors. Store Maintenance Follow up on calendar of services of maintenance and keep tracking of supplies deliveries in a daily/monthly basis Continuous improvement and follow up of the way of work for store maintenance Coordination & installation of security hardware with stores and Asset protection Management of relevant maintenances and new improvements with FP&A and Ops Efficient processes between stores and supplier for a better and quicker support Budget management Adaptation of new premises and advertising space Inventory Management Coordination of physical inventory: coordinate the preparation and execution of physical counts and manage a relationship with a third party. Ensure systems are aligned and inventory processes are completed before and after the count. Follow-up with the teams involved on each of the processes to be followed and prepare the calendar with all the activities. Report shrink % results in a timely manner. Assist stores to support physical counts Inventory control for Retail teammates uniform Employee discount management Operative Efficiency Sending reports to operations team Management of ops tools (radios, holiday materials, etc.) Management of store contests (SPIFF) Set stores for success by generating bidirectional communication between stores and cross functional teams. Intermediary between stores and legal vendor to coordinate visits of government agencies to get the corresponding permits and training