Herbalife

Manager, Procurement & Vendor Management

Herbalife$100K — $130K *
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in business, finance, or a related field.
  • 7+ years of professional experience in vendor management.
  • 6-8+ years of direct experience in technology vendor management.
  • Strong analytical and problem-solving capabilities.
  • Proven team leadership and relationship-building skills.
  • Familiarity with data visualization tools like Tableau or Power BI.
  • High attention to detail and strong organizational skills.

Responsibilities

  • Develop vendor management strategies that align with business goals.
  • Provide operational support for sourcing and contract execution.
  • Manage vendor performance, evaluations, and regulatory compliance.
  • Assess and mitigate vendor risk across financial and compliance areas.
  • Foster relationships with business owners and key vendors for better collaboration.
  • Lead vendor analytics and create dashboards for transparency.
  • Drive continuous improvement and cost-effectiveness in vendor processes.

Benefits

  • Hybrid work setup with 3 days in the office and 2 days remote.
  • Collaborative team culture with a service-based approach.
Full Job Description
Overview

THE ROLE: The Manager of Procurement and Vendor Management reports to the Sr. Manager, Indirect Sourcing and is responsible for leading vendor management and operational support within the technology category. This role oversees vendor performance governance, contract and policy compliance, and vendor analytics to ensure suppliers meet business, financial, and service expectations. Responsibilities include defining and monitoring KPIs and SLAs, reviewing vendor performance in real time, developing dashboards and scorecards, and managing vendor data accuracy and reporting. The manager supports sourcing initiatives by resolving complex vendor issues, enabling savings and cost avoidance, and improving stakeholder satisfaction. The role also owns vendor data governance and processes, leverages technology to centralize and automate vendor information, conducts market scans for innovative solutions, and maintains strong relationships with internal stakeholders and external vendors to drive continuous improvement and risk mitigation.This position will be based in Torrance CA in a hybrid set up (3 days in the office, 2 remote)

 

HOW YOU WOULD CONTRIBUTE: 

•    Develop and execute vendor management strategies aligned to business objectives. •    Provide operational support to the Sourcing team for contract execution and ongoing business needs. •    Own vendor performance management, including evaluations, KPIs, and compliance with contractual and regulatory requirements. •    Assess and manage vendor risk, including financial stability and compliance exposure. •    Maintain strong relationships with business owners and key vendors, creating trusted partnerships that drive value, collaboration, and business outcomes.•    Lead vendor analytics, reporting, and interactive dashboards to drive transparency and insight. •    Drive efficiency, cost-effectiveness, and continuous improvement across vendor management processes. •    Partner with Finance, Operations, Sourcing, Legal, and business stakeholders to ensure vendor alignment with business needs.

WHAT’S SPECIAL ABOUT THE TEAM: 

•    The team will have a collaborative service-based approach 

Qualifications

SKILLS AND BACKGROUND REQUIRED TO BE SUCCESSFUL:•    Bachelor’s degree in business, finance, or other related field with 7+ years of professional work experience, including a minimum of 6-8+ years of direct vendor management experience.•    Experience in the technology space, including license management, cloud infrastructure and systems•    Team leadership and focus, ability to develop positive relationships with team members and stakeholders•    Strong analytical and problem-solving skills.•    Ability to handle multiple vendor relationships and projects simultaneously.•    Excellent technical, verbal and written communication and stakeholder management skills.•    Experience using data visualization tools such as Tableau or Power BI.•    Experience in data management, product management, or vendor management.•    Strong attention to detail and organizational skills.•    Highly motivated self-starter and problem-solving passion that requires minimal guidance. 

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About Herbalife

Herbalife Nutrition is a global multi-level marketing corporation that develops and sells dietary supplements. The company was founded in 1980 by Mark Hughes and is headquartered in Los Angeles, California. Herbalife operates in over 90 countries and has over 8,900 employees worldwide. The company's products include weight management, targeted nutrition, energy, sports and fitness, and outer nutrition products. Herbalife has been the subject of controversy over the years, with some critics alleging that the company operates as a pyramid scheme. The company has denied these allegations and has implemented changes to its business model in response to regulatory scrutiny.
Learn more about Herbalife
Size
10,800 employees
Market Cap
$1.4 billion
Industry
Net Income
$372.6 million
Founded
1980
5 Year Trend
+5.3%
Revenue
$5.5 billion
NASDAQ

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