What does a Vendor do?
Published 3 min read
A vendor is a person who sells goods or services.
Vendor job duties include:
- Research and select vendors based on price, quality, and delivery
- Maintain vendor relationships and negotiate contracts
- Resolve vendor or contractor grievances and claims against suppliers
- Review invoices for accuracy and approval
- Monitor vendor performance to ensure compliance with contract terms
- Prepare and process purchase orders
- Track inventory levels and reorder supplies as needed
- Coordinate delivery of supplies and materials with production schedules
- Inspect delivered goods for quality and quantity
- Maintain updated records of approved vendors and supplier contracts
Vendor Job Requirements
There are no formal education requirements for vendors, although a high school diploma is preferred. Certification is not required, but vendors must have experience working with the public and handling money.
Vendor Skills
- Negotiation
- Communication
- Organization
- Time Management
- Customer Service
- Sales
- Marketing
- Social Media
- Event Planning
- Budgeting
- Research
Related: Top Vendor Skills: Definition and Examples
How to become a Vendor
There are many ways to become a vendor. The most common way is to find a market or event that is looking for vendors and apply to be one. This usually involves filling out an application and paying a fee. Some markets and events may also require that vendors have insurance.
Another way to become a vendor is to start your own business. This will require more work upfront, but it can be more rewarding in the long run. You will need to create a business plan, get funding, find a location, and get all the necessary licenses and permits. Once you have everything set up, you can start promoting your business and bringing in customers.
No matter which route you choose, becoming a vendor can be a great way to make some extra money and sell your products or services to a new audience. Just be sure to do your research and be prepared for whatever comes your way.
Related: Vendor Resume Example