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Supplier Account Manager

Philips
NewPosted yesterday

LOCATION

Pune · Hybrid

EXPERIENCE

10+ Years

TYPE

FullTime

SKILLS REQUIRED

Supplier Relationship ManagementSupplier Performance ManagementBenchmarkingStrategic Sourcing

Job description

Overview

Supplier Account Manager role focused on supplier performance management, supplier portfolio optimization, and continuous improvement initiatives, using benchmarking, data analytics and supplier relationship management.

What you'll do

  • 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.
  • Encourage supplier collaboration, knowledge sharing and innovative approaches to improve product quality, operational performance and value creation.

What you'll need

  • Bachelor's or Master's degree in Business Administration, Procurement, Supply Chain Management, or an equivalent discipline.
  • 10 years of relevant experience.
  • Relevant experience may include: market analysis and research; supplier negotiations and relationship management; strategic sourcing or buying; supplier performance management; business process engineering or process improvement.

Nice to have

  • Supplier performance management and KPI monitoring.
  • Supplier evaluation and benchmarking methodologies.
  • Supplier relationship management.
  • Data analytics, performance reporting and market research.
  • Cost optimization and Design-to-Cost.
  • Continuous improvement and process excellence.
  • Contract management and supplier negotiations.
  • Supplier risk management and regulatory compliance.
  • Procurement and supply chain business acumen.
  • Project management and stakeholder collaboration.
  • Strong analytical, problem-solving and communication skills.
  • Ability to translate data and performance insights into actionable business strategies.

Details

  • Office-based role: in-person at least 3 days per week.
  • Location: Pune.

Read the full description and apply on the company’s own careers page.

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Supplier Account Manager