Philips
Pune, Maharashtra, India Posted 2d ago
As a Supplier Account Manager at Philips, you will drive supplier performance management, supplier portfolio optimization, and continuous improvement initiatives by leveraging benchmarking, data analytics, and supplier relationship management to enhance supplier value and optimize costs.
Key Responsibilities
Develop and implement benchmarking frameworks, performance analytics, KPIs, and targets to systematically evaluate supplier capabilities and performance.
Drive supplier tail management, identify low-value suppliers, and implement supplier consolidation and rationalization strategies to improve efficiency and reduce costs.
Lead supplier exit and phase-out activities, collaborating with cross-functional teams to ensure smooth transitions, business continuity, and risk mitigation.
Identify performance gaps through data analytics and implement corrective actions and improvement initiatives to maximize supplier value.
Analyze supplier performance metrics, market trends, and benchmarking data to generate actionable insights and support informed procurement decisions.
Identify opportunities for cost savings, process improvements, and Design-to-Cost initiatives while balancing quality, service, and business requirements.
Ensure suppliers adhere to applicable regulatory requirements, quality standards, safety guidelines, and ethical business practices.
Build strong relationships with key suppliers, foster collaboration, resolve performance issues, and align supplier objectives with business priorities.
Partner with Procurement, Supply Chain, Quality, Operations, and other relevant teams to implement supplier strategies and deliver business value.
Present supplier performance insights, benchmarking outcomes, and portfolio optimization recommendations to management to support strategic decision-making.
Requirements
Bachelor’s or Master’s degree in Business Administration, Procurement, Supply Chain Management, or an equivalent discipline.
10 years of relevant experience in market analysis, supplier negotiations, strategic sourcing, supplier performance management, or business process engineering.
