Supplier Account Management (225-612)

In the ever-evolving world of supply chain and procurement, the role of Supplier Account Management is pivotal in ensuring seamless operations and robust supplier relationships. As a Supplier Account Manager, one is entrusted with the responsibility to oversee, manage, and optimize the interactions and engagements with various suppliers. This position calls for strategic partnership building, negotiating favorable terms, and ensuring that suppliers meet all performance and compliance standards. The successful candidate will bring a blend of analytical skills, relationship management, and business acumen to drive supplier performance, reduce costs, and contribute to the competitive advantage of the organization. They will serve as the primary point of contact for all supplier-related issues, fostering strong professional relationships, and collaborating cross-functionally to meet company goals and improve procurement processes.

Responsibilities

• Develop and maintain strong, strategic supplier relationships to drive mutual growth and success.
• Negotiate contract terms and agreements to ensure favorable outcomes for the organization.
• Monitor supplier performance, including quality assurance and timely delivery metrics.
• Coordinate with internal teams to align supplier capabilities with company objectives.
• Implement strategies to optimize supply chain efficiency and cost-effectiveness.
• Address and resolve any supplier issues, conflicts, or discrepancies promptly and effectively.
• Conduct regular supplier business reviews to assess performance and develop improvement plans.
• Ensure suppliers adhere to compliance standards and internal guidelines at all times.
• Provide detailed reports and updates on supplier activities and risk assessments to stakeholders.
• Collaborate on developing supplier sourcing strategies aligned with future business needs.
• Identify opportunities for innovation and improvements through supplier partnerships.
• Manage supplier onboarding and evaluate potential new suppliers for collaboration prospects.

Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• Minimum of five years of experience in supplier management or procurement roles.
• Excellent negotiation skills and proven track record in contract management.
• Strong analytical abilities and experience with supplier performance evaluation.
• Exceptional communication skills with the ability to foster strong relationships.
• Proficiency in using procurement software and supply chain management tools.
• Ability to work collaboratively across departments and influence organizational goals.
• Knowledge of industry standards and regulatory requirements related to supplier management.
• Detail-oriented with strong problem-solving skills and a proactive approach.
• Capability to manage multiple tasks and projects in a fast-paced environment.