A Supplier Relationship Manager oversees supplier partnerships, negotiates contracts, guarantees compliance, and drives overall performance upgrades. They manipulate procurement procedures, foster strong supplier relationships, and cope with issues to optimize delivery chain efficiency and fee effectiveness.
- Job Role: Supplier Relationship Manager
- Salary: Not Disclosed
- Location: Bengaluru, Karnataka
- Company: EY
- Qualification: Bachelor’s Degree
About Company:
Ernst & Young (EY) is a worldwide professional services firm established in London. It offers consulting, guarantee, tax, and transaction advisory services. EY operates in over one hundred fifty countries, serving customers throughout numerous industries. The firm emphasizes innovation and technology-pushed answers, fostering a lifestyle of inclusivity and sustainability. It is one of the “Big Four” accounting corporations.
Role Overview:
EY is hiring a Supplier Relationship Manager in Bengaluru, Karnataka. This role entails managing provider performance, ensuring contract compliance, and optimizing fees. Key obligations include executing SRM frameworks, building dealer techniques, and participating with stakeholders. Candidates want 8+ years of enterprise experience and sturdy analytical, communication, and organizational skills. EY gives continuous studying, transformative management, and a diverse, inclusive culture for the personal and expert boom.
Role and Responsibilities Of Supplier Relationship Manager:
Supplier Performance Management:
The SRM monitors and evaluates provider overall performance through the use of key overall performance signs (KPIs) and normal checks. This entails ensuring that providers meet agreed-upon pleasant, transport, and price targets whilst adhering to compliance requirements.
Contract Negotiation and Management:
The SRM is responsible for negotiating contracts with suppliers and ensuring favorable terms and situations. This consists of handling agreement renewals, amendments, and compliance with contractual duties to defend the corporation’s pastimes.
Risk Management:
The SRM identifies and mitigates risks associated with the supply chain. This consists of assessing ability disruptions, enforcing contingency plans, and ensuring suppliers have strong threat management practices in the region.
Strategic Supplier Development:
The SRM fosters sturdy relationships with key providers to drive non-stop development and innovation. This includes participating in joint initiatives, facilitating provider improvement applications, and selling first-class practices.
Cost and Value Optimization:
The SRM works to optimize costs whilst maximizing value from supplier relationships. This consists of figuring out price-saving opportunities, negotiating value discounts, and making sure suppliers supply cost-introduced services that assist the organization’s strategic objectives.
Qualification:
- Business or Technology Degree [or relevant preferred degree for the role] and/or key demonstrable experience in a similar-sized business
- Minimum 8 years of industry experience including experience with technology vendors in a global organization.
Skills Required For Supplier Relationship Manager:
Communication Skills:
Effective communique is crucial for an SRM to articulate requirements, negotiate contracts, and solve conflicts. Clear and concise verbal exchange guarantees mutual information and clean collaboration with suppliers.
Negotiation Skills:
An SRM has to possess sturdy negotiation capabilities to steady favorable phrases, manipulate charges, and obtain useful agreements. This involves strategic wondering and the ability to find win-win answers.
Analytical Skills:
Analyzing facts associated with a provider’s overall performance, market tendencies, and price elements is crucial. This helps in making informed decisions, figuring out development regions, and making sure providers meet great transport standards.
Relationship Management:
Building and retaining superb relationships with suppliers is vital. This involves consider-constructing, empathy, and information provider talents and constraints to foster long-term partnerships.
Problem-Solving Skills:
SRMs need to speedy address and clear up troubles that arise within the delivery chain. This requires creativity, resourcefulness, and the potential to put into effect powerful solutions under stress.
Why EY?
Global Influence: EY gives a sizeable global community, enhancing your professional exposure and possibilities for global collaboration.
Innovation Leadership: EY emphasizes technological innovation and advanced solutions, allowing you to work at the leading edge of enterprise tendencies.
Career Growth: EY affords substantial career improvement programs and a clean route for expert development.
Diverse Environment: EY promotes range and inclusion, developing a colorful and supportive place of work and way of life.
Strategic Impact: As a Supplier Relationship Manager, you’ll play a key function in driving strategic provider partnerships, contributing notably to EY’s fulfillment.
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