25 Vendor Manager Interview Questions & Answers
Below is a list of our Vendor Manager interview questions. Click on any interview question to view our answer advice and answer examples. You may view 5 answer examples before our paywall loads. Afterwards, you'll be asked to upgrade to view the rest of our answers.
1. What do you prioritize when researching for new vendors?
How to Answer
The interviewer will want to get a glimpse at the past work that you have done and the strategy you have developed in doing your job well. Share the advice your future company provided you and also some things you have developed or discovered as a result of your experience. Walk the interviewer through your process, without going too far in depth, and share some best practices that you have been taught or have picked up along the way.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"When researching for new vendors, I look for specific things like known reputation, product quality, shipping information, organization and price point, and customer service. I make a point to reach out to customer service to get a read on their responsiveness and professionalism. I am sure to closely compare costs and consider the cost benefit analysis of working with a few different vendors. This helps me narrow down my options and make the best educated decision."
Written by Audra Kresinske on April 26th, 2021
2. Why should we hire you for this role?
How to Answer
Chances are, several people are applying and being interviewed for this role. Be sure to answer this question with a convincing and unique response. Consider what you want the interviewer to remember about you after the interview. Think about what sets you apart from the crowd. Maybe share something related to your experience, your work ethic, your commitment, or a passion of yours. Whatever it is, be sure to think through this prior to your interview, as this may be your chance to really sell yourself.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"You should hire me because when I take something on, I commit 100% of myself to succeed. I care deeply about my performance and I remain motivated to see a job well done. I am honest and determined and a hard worker. I am confident I will make a positive contribution to the office culture and to the performance of my department."
Written by Audra Kresinske on April 26th, 2021
3. What is your experience in managing a team? What is your leadership style?
How to Answer
Be honest about your experience managing and leading. Even if you only have experience from college or a previous job that was not related to vendor management, share your experience and strengths. An important aspect of leadership is the ability to be self-aware. The interviewer wants to gauge whether or not you have held a leadership role and what you have learned about yourself as a leader.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"In college, I held a leadership role within the business fraternity I was a part of. I led a team that planned and executed events on campus to recruit other members. We planned twelve successful events between my junior and senior year that led to an increase of 30+ members. I leveraged real world opportunities and networking to engage others interested in a career in business. My leadership style is collaborative, and I maintain high expectations of others. I love working together and witnessing the power of different minds working together, but I also expected my team to do what they said they would do and perform in order to see growth. I held the team accountable and we were very successful; we all remain in touch to this day."
Written by Audra Kresinske on April 26th, 2021
4. How do you ensure invoices are accurate and paid in a timely and consistent manner?
How to Answer
If you have the experience, share about how you have managed invoices in the past. If not, consider how you stay on top of any responsibility with set deadlines. Share your systematic approach and how you set yourself up for success. Maybe you have utilized a software that has helped with this or you have mastered google calendar and set up reminders. Whatever the case may be, share how you stay organized and on top of your responsibilities.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"In my previous role, the software we used helped organize invoices to be paid at the end of the month. I would arrange reminders for myself on my calendar if I ever wanted to take care of things ahead of time or get a head start on end of the month tasks. Additionally, whenever I have a long list of to-dos, I create checklists to ensure I get to each and every task on time. As a team, we would also often audit each other's work to ensure everything was accurate and timely and hold ourselves accountable."
Written by Audra Kresinske on April 26th, 2021
5. Tell me about a time you worked collaboratively with different teams or departments to solve a problem.
How to Answer
Companies want to hire people who are team players and enjoy working collaboratively to solve problems. This is a great opportunity to show off your ability to work with a variety of people to produce great work. If you took on a leadership role at any time, that would be a great thing to share to demonstrate your leadership capabilities. Share about a positive experience you had working with another team or department and what the outcome of the experience was.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"In my previous role with a drug store, I worked with the Implementation department on a renovation project in few stores in a specific region. Not only did I have to arrange for our usual vendors to continue to deliver products, but I also had to procure new vendors to complete the construction and labor. I worked closely with Implementation to determine a budget, identify the necessary labor, craft contracts that reflected those priorities. We held weekly meetings to ensure we were all on the same page and remained on time and under budget. In the end, the project ended up a huge success and we created a model for how to successfully complete similar projects in other regions."
Written by Audra Kresinske on April 26th, 2021
6. Do you have experience with a contract management program or software?
How to Answer
Be honest about your experience working with a contract management program or software. Also include your ability to learn new software quickly. The software that the company uses may be mentioned in the job description; be sure to note if it is included and do some research about it prior to the interview or ask about the pros/cons of the software during your interview.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"I have experience working in Concord and Conga Contracts. I have found that many programs function in very similar ways, so I am certain that with some training, I will be able to catch on quickly to whatever software is used at this company. Do you mind sharing what software you use?"
Written by Audra Kresinske on April 26th, 2021
7. In your experience, what have been some reasons you've chosen to end a relationship with a vendor?
How to Answer
Any question that allows you to share about your experience gives you an opportunity to show off your expertise. Communicate best practices, as often as you can, and describe your thinking and the strategies you have developed as a result of your experience. Even if you have not had to end a relationship with a vendor, share what might ultimately push you to end a relationship.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"I have come to realize that having good standing relationships with vendors makes the job much easier. If I receive consistent poor customer service, I really consider the option of ending a contract. Also, if I am ever able to save the company money by switching vendors, I am sure to do diligent research and end a contract, if need be. It is my job to keep the best interest of the company top of mind, so I am always considering the cost-benefit analysis."
Written by Audra Kresinske on April 26th, 2021
8. How do you prioritize your workload and cope with stress?
How to Answer
The interviewer wants to hear that you are able to work independently, prioritize your tasks, and take ownership of your time while on the job. They also want to know that you have strategies in place to cope with the inevitable possibility of stress, in and out of the workplace. Share how you remain focused and motivated at work, how you prioritize weekly and daily tasks, and how you mitigate stress.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"As a vendor manager, there are a lot of moving parts that all require my attention. Seeing that the end of the month is often the busiest, I make it a priority to get as much done at the beginning of the month as I possibly can in order to deal with paying invoices and settling accounts when it is crunch time at the end of the month. Each week, I also prioritize my tasks to take care of the most pressing things first. Whenever someone else is counting on me, I try to get back to them as fast as I can. I perform well with a little bit of stress, but when I am under a lot of pressure, I make sure to get outside, take breaks, exercise regularly, eat well, and spend time with my family to keep my energy levels and efficiency up."
Written by Audra Kresinske on April 26th, 2021
9. What is an area of weakness for you?
How to Answer
This is a common interview question that you should come to expect and have an answer prepared. A quality answer for this question reveals a weakness, but puts a positive spin on it in regards to how you are actively working to better yourself in that area. You should steer clear from sharing a weakness that would impact your ability to do your job well. Instead, share something minor that you are working to improve.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"An area of weakness for me is truly finding rest. I don't do well with down time; I prefer to always be working towards something or doing something active. However, I'm realizing I need to practice rest in order to perform at a high level in all areas of my life. In order to combat this, I have started reserving my Sundays for going on walks, reading, and playing with my kids. We rarely make plans on Sundays so that we can slow down as a family and just be together to recharge for the week."
Written by Audra Kresinske on April 26th, 2021
10. Tell me about a time you came up with an innovative idea or made a process more streamlined?
How to Answer
'Tell me about a time...' questions should always be followed up with an anecdote. Be sure to come up with a concrete example of a time you came up with a successful, creative idea that improved company routines, communication, or processes. This question allows you to brag about yourself a bit and show off your good ideas that have benefited the company. Don't be shy, and briefly share the initial problem, your idea to improve the problem, and the outcome of after the implementation of your idea.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"After I had been in my previous role for the first few months, I began to realize how disconnected many of the people were who did very similar work and worked on similar projects. Vendor managers did not collaborate or have streamlined processes, the finance department rarely connected with vendor managers, and the tracking of invoices was unorganized and ineffective. I came up with an idea to have meetings at the beginning of each month to touch base with all key stakeholders in order to remain on the same page, discuss best practices, and organize our system for tracking and looking up invoices. Over time, we got to know each other better and developed and improved systems that benefited all of our work."
Written by Audra Kresinske on April 26th, 2021
11. How have you had to leverage negotiation skills in your professional experience?
How to Answer
Negotiation is part of the job as a vendor manager. You will need to be able to negotiate contracts and advocate on behalf of the company. All organizations need to consider costs, and your vendors will expect that you are looking for the best quality for the money spent. Share an example of a time you successfully used negotiation skills in your career.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"I've had to utilize negotiation skills with almost every single contract I've worked on. It is important to realize that everything can be negotiated and the first quote you get from a vendor is going to be high. In my previous role, I negotiated a contract for new office furniture for a regional office. We knew we wanted to go with this particular vendor, but we went back and forth on total costs. Ultimately, I agreed to a price with the addition of free shipping and handling. I am always very aware of the different ways I can help the company save money. The contract was agreed upon and accepted and we had a successful experience with that vendor."
Written by Audra Kresinske on April 26th, 2021
12. What would you do if a product from a vendor arrived and was not as advertised or promised?
How to Answer
Even if this has never happened to you, be sure to describe how you would react to this situation. Explain what actions you would take to hold the vendor accountable and remedy the situation. Be sure to highlight how your quick thinking and effective response would turn an unfortunate situation into a solved problem.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"Thankfully, this has never happened to me in my career. However, if it did happen, I would call the vendor and be very direct about my expectations and the reality of the situation. I would communicate my disappointment and ask to be refunded. It is my job to thoroughly vet vendors and hold them accountable to their word. If they are not transparent, I have no choice but to end the relationship. If I received good customer service and decided to continue with this vendor, I would be weary of new orders and be diligent in checking their product upon arrival."
Written by Audra Kresinske on April 26th, 2021
13. Tell me about a time you worked with a vendor who failed to deliver on time.
How to Answer
Whenever you are asked a question that begins with 'tell me about a time...', be sure to actually share a brief example that highlights an experience you encountered and how your efforts improved the situation. If you have never experienced this, share how you would deal with this kind of scenario. Share the steps you would take to remedy the situation, making sure to highlight your ability to be direct, take initiative, and successfully work with the vendor to get the issue ironed out.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"In my previous role, most of the vendors we worked with had been partners for several years. I knew many of them on a personal level and had great relationships with them. Generally, I knew exactly what to expect from them. However, from time to time, there were mishaps and miscommunications that needed to be dealt with. On one occasion, an important delivery arrived of the wrong product type. I was alerted the situation and checked my order to ensure I had placed the order correctly. I immediately alerted my contact for that vendor and because of our established relationship, they were able to quickly and efficiently correct the issue and get the product to us the very next day. For the next few weeks after that, I made sure to immediately confirm deliveries from that vendor to ensure all products were correct."
Written by Audra Kresinske on April 26th, 2021
14. Tell me about yourself.
How to Answer
A great place to start with this classic interview question is to understand the reasoning behind the question. Primarily, the interviewer will use this question as an icebreaker to begin to get to know you. However, to you as the candidate, it can feel like being put in the hot seat. It is wise to keep the answer brief but share about your educational and professional experience and a little bit about you personally, as well. This question allows for a great opportunity to set a strong first impression. Be sure to have an answer prepared prior to the interview!
Written by Audra Kresinske on April 26th, 2021
Answer Example
"I graduated from San Diego State University with a degree in Business. Just before my senior year, I had a summer internship in Supply Chain Management. I really enjoyed the internship and learned a lot about the interworking of vendors, invoices, and supply and demand. For the past two years, I worked directly under a Vendor Manager and helped with contract management, invoices, and supply management. I am an extrovert and enjoy maintaining relationships with various partners. I am a strong communicator and enjoy the challenge of optimizing cost and efficiency. Outside of work, I enjoy attending live sporting events with my spouse. We love to stay active and are training for a half marathon this summer."
Written by Audra Kresinske on April 26th, 2021
15. Why do you want to work for this company?
How to Answer
The interviewer may ask this question or something similar to see if you've done your homework. Prior to the interview, conduct research on the company by visiting their website and social media channels, noting any recent news or press they've released, and becoming familiar with their mission/vision. In order to demonstrate your genuine interest, you should be sure to mention something specific and unique to the company you're applying to.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"I want to work for this company because I noticed your commitment to and leadership in the area of sustainability. I am impressed by your ethical standards and am excited to be a part of that. I am especially excited to see how that impacts my role and the vetting that is required of vendors to ensure the company sticks to its standards. I am looking forward to being part of the innovation and creativity as a leader in this area."
Written by Audra Kresinske on April 26th, 2021
16. How do you intentionally build and maintain relationships with colleagues and vendors?
How to Answer
Managing vendors involves maintaining positive relationships for the sake of the company. You will be communicating regularly with vendors, and in order to work efficiently, it is important to develop a collaborative working relationship. Building and maintaining positive relationships can make your job easier in the long run, if you have established partnership and trust. Share with the interviewer how you go about building trust in relationships.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"In order to build relationships at work, I ask people questions about themselves and their family. I make mental notes of what colleagues tell me and I try to make it a point to follow up and ask about those same things again. I listen closely to people and remain authentic. I try to start each and every conversation by connecting on a personal level, rather than asking for something or getting right to the point. This intentional connection demonstrates that I genuinely care about people and that leads to strong working relationships."
Written by Audra Kresinske on April 26th, 2021
17. Tell me about a personal and a professional short-term goal of yours.
How to Answer
This is a great opportunity to share a work-related goal you have and to share a little more about your personal life. It is important to demonstrate that you are always trying to better yourself, professionally and personally. Additionally, people who have goals and interests outside of work are typically happier and less stressed. Share something you are working towards and why it is meaningful to you.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"Within the next year, I am hoping to begin graduate school to earn my MBA. It has always been a goal of mine to earn an advanced degree; I know it will only help me to advance my career, meet new people, and become more business-minded. I am really excited to begin. Personally, I am training to run a half marathon in the summer. I have never run one before, and I knew signing up would be a great opportunity for me to get in shape and challenge myself physically."
Written by Audra Kresinske on April 26th, 2021
18. How would your previous coworkers describe you?
How to Answer
The interviewer wants to get a feel for how you fit in and add to office culture. It is important to get along well with colleagues and that the office is a cooperative and collaborative environment. People are often more invested in work when they feel like they belong and are a valuable member of the team. Consider previous positive feedback you have received from coworkers and describe how you contribute to a positive office culture.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"My former coworkers would describe me as dependable, warm, and innovative. I enjoy getting to know the people I work with on a personal level and I make it a point to ask about their families and personal interests. I think it important to develop friendships and find commonalities with colleagues. I am also someone who can be relied on to follow through with any ask. When I say I will do something, I deliver on that promise. I strive to do what I say and say what I mean. My colleagues would also say that I have creative ideas, and I often come up with unique approaches to solve problems and make our work more efficient."
Written by Audra Kresinske on April 26th, 2021
19. How do you feel about the possibility of frequent travel in this role?
How to Answer
Travel is common for vendor managers. If travel was mentioned in the job description, you should expect to be asked about it during the interview. If travel is expected, you should assure the interviewers that you would welcome the opportunity to travel. If you have any outstanding questions about travel that weren't noted in the job description, now would be a good time to ask for clarity.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"I am excited about the opportunity to travel for work. I noted the job posting detailed quarterly trips to meet with vendors. I'm curious as to how long the business trips are and how far I could be traveling to meet with vendors? Regardless of length and travel time, I welcome the opportunity to travel and better understand the vendor perspective."
Written by Audra Kresinske on April 26th, 2021
20. What are your expectations for compensation in this role?
How to Answer
Though a question like this can be uncomfortable, it is important to be straightforward and express your expectations. It is also important to reference the job posting and familiarize yourself with the salary listed or an average salary for this type of position. Also consider that your compensation may be based on factors such as education level, previous experience, leadership experience, and/or any significant accomplishments. State your explanation and provide reasoning as to why it is appropriate.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"Considering I have three years experience in a similar role, but have not yet held a managerial title, I would expect to earn 10% more than I currently am. That would put me right in the middle of the salary range you provided in the job posting. I think this would be appropriate because I have the necessary training and experience, and I am look to grow and develop as a leader. I am already familiar with some of the programs used here and if hired, I plan on staying for the foreseeable future."
Written by Audra Kresinske on April 26th, 2021
21. Name and explain a strength and a weakness that pertains to your communication skills.
How to Answer
Vendor management requires strong interpersonal skills. Clear and direct communication is crucial to ensure that vendors deliver on their promises and understand asks. However, it is to be expected that not all areas of communication are strengths for you. When sharing a weakness, be sure to share something that is not crucial to the position or that you are actively working to improve to be better at your job.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"When it comes to communicating, a strength I have is follow through. I am quick to follow up with colleagues and vendors when they are waiting for information from me and I pride myself on doing exactly what I say I'm going to do. I am very reliable and my former colleagues have noted this about me. A weakness of mine is initiating difficult conversations with colleagues. I appreciate when people are honest with me, but it can be challenging for me to deliver constructive criticism or feedback to someone I work closely with. I am realizing that if I plan out what I want to communicate ahead of time, I am much more careful with my language and more aware of how different colleagues react to such feedback."
Written by Audra Kresinske on April 26th, 2021
22. What systems do you have in place to keep yourself organized?
How to Answer
A vendor manager needs to remain extremely organized. There is a ton of paperwork and documentation required and follow up with vendors and other departments is crucial. In order to do you job well, you must have established systems and routines that allow you to be efficient and reliable. Share what has worked well for you in previous roles.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"I keep myself organized by utilizing google calendar and plugging in all meetings, phone calls, appointments, deadlines, and important dates. At the beginning of each week and each morning, I look at my calendar and create a daily to-do list in order to prioritize tasks and make progress on work. On top of that, I make sure to keep all documentation, contracts, and invoices tracked and organized to ensure I can always access what I need."
Written by Audra Kresinske on April 26th, 2021
23. Tell me about a recent time you had to use quick thinking and problem solving skills to get out of a jam.
How to Answer
The interviewer is looking for someone who is a quick learner and problem solver. It is desirable to communicate that you are able to think on your feet, consider potential solutions, and act with confidence to solve problems. Provide an example of a time that highlights your ability to think quickly and successfully solved an issue. Be sure to provide enough context so the interviewer is able to understand the scenario and how you came up with a successful solution, but otherwise keep it brief.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"During my internship as an assistant in the Supply Chain Management department of a drug store, I was tasked with seeking out new vendors for office supplies. I gladly accepted the challenge and started doing research with the other interns. I took the lead on the project and developed a checklist of priorities to reference when scouting out new vendors. Ultimately, I made a recommendation for a vendor who allowed us to save money, was extremely communicative, and delivered on their promises. My manager was pleased with the teamwork we displayed and the system I created to narrow down the best choice."
Written by Audra Kresinske on April 26th, 2021
24. What are three words that best describe you?
How to Answer
Your answer to this question provides an opportunity for the interviewer to get to know you personally. Consider some of the qualities and strengths others have called out in you. Share the three qualities with the interviewer and explain how you regularly demonstrate those qualities. Try to arrive prepared with adjectives in mind that will set you apart from other candidates.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"Three words that describe me well are optimistic, adaptable, and loyal. I have always been a positive person, even when faced with challenges. I tend to always look on the bright side and practice gratitude regularly. I am also very flexible; I am comfortable changing plans at a moment's notice and thinking on my feet. I am also honest and loyal to the people and things I care about. I am someone who will stick around through the ups and the downs."
Written by Audra Kresinske on April 26th, 2021
25. What motivates you to do your job well?
How to Answer
The interviewer wants to hire someone who is self-motivated and committed to doing quality work. Your answer should demonstrate your commitment to your job and your ability to motivate yourself by whatever means possible. You might mention you are motivating by meeting goals, by being recognized by peers for great work performance, or seeing a project through to completion. Whatever it is that motivates you, be sure to explain what drives you to produce quality work and perform at work.
Written by Audra Kresinske on April 26th, 2021
Answer Example
"I remain motivated by seeing projects through to successful completion and meeting short-term goals. I am also motivated by checking small to-dos off of my daily list; it helps me to feel productive and power through everyday tasks like returning emails and phone calls and documenting invoices. I want to be known as someone who can be counted on, so I am very committed to doing my job well."
Written by Audra Kresinske on April 26th, 2021