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Strategic Supplier Manager
2 months ago
Job Title
Supplier Account Manager-Personal Health
Job Description
We are seeking a highly skilled Strategic Supplier Manager to join our team at Philips. As a key member of our procurement team, you will be responsible for managing our supplier relationships and driving strategic impact through supplier strategy development.
Key Areas of Responsibilities:
- Supplier Relationship Management
- Develop and maintain a deep understanding of our suppliers' business relationships, market position, strategy, investment themes, and capabilities.
- Manage supplier performance using the Global Supplier Rating System (GSRS) and enrich it with cross-functional stakeholder feedback and calibration.
- Develop an aligned account strategy for the supply relationship, clearly defining areas of development such as performance, cost, and feature competitiveness improvement, relevant future business opportunities, and a contract that enables such execution.
- Apply oversight and monitoring of agreed projects being executed in the business, securing close alignment between supplier, procurement, and business.
- Orchestrate supplier-related activities and communication between internal and external stakeholders to ensure a consistent supplier approach.
- Supplier Performance Development and Negotiation
- Utilize negotiation factory standards (e.g., Game Theory, Nego Booklets) and actively promote supplier development programs.
- Implement defined negotiation roadmaps, target setting, and business reviews.
- Encourage suppliers to share innovative ideas and/or solutions (e.g., using SPICE) and provide insights into future technology roadmaps.
- Encourage suppliers to use LEAN approaches to co-create and deliver TCO savings opportunities (e.g., concept savings).
- Manage competition in the supply base to secure a healthy tension between suppliers to foster cost and feature innovation.
- Compliance, Contract, and Risk Management
- Conduct assessments to identify and manage critical supplier parameters on a continuous basis, covering risk, regulatory compliance, financial exposure, and related liabilities, and create corresponding mitigation and contingency plans with business continuity in mind.
- Ensure full compliance regarding sustainability and regulatory requirements.
- Ensure all contracts and RFX events are properly managed in contract and RFX management systems (e.g., source2contract), following defined processes, policies, and guidelines.
- Manage and demand continuously improved quality from suppliers and drive clear actions to achieve this.
- Leadership Skills
- Possess leadership skills to facilitate team collaboration to work effectively.
- Strong communication skills to influence colleagues and suppliers.
- Has experience leading teams through changes and improvements in procurement processes.
Key Performance Indicators:
- Savings and Savings Funnel and Payment terms.
- Supplier Sustainability scorecard.
- Supplier Quality and Delivery Performance matrix.
- Supplier Risk Management scheme.
- Supplier-enabled Innovation.