Job Role : SUpplier Risk Management
Salary : Rs 26,05119 for year.
Location : Kolkata, Hyderabad, Bengaluru
Company : (PWC) Price waterhouse Coopers Service Delivery Center
Qualifications : Any Graduate
Experience : 5 – 7 Years
ABOUT PWC
PricewaterhouseCoopers (PwC) is a worldwide network of firms supplying audit, guarantee, tax, and consulting offerings. With a presence in a hundred and fifty five countries and employing over 284,000 people international, PwC allows groups clear up complicated issues and navigate challenges in an ever-changing commercial enterprise environment.
Founded in 1998 thru the merger of Price Waterhouse and Coopers & Lybrand, PwC has grown to become one of the Big Four accounting firms alongside Deloitte, EY, and KPMG.The organization is thought for its dedication to turning in exceptional in services and constructing accept as true with in society.
PwC’s offerings span various industries, which include financial services, era, patron markets, and healthcare. They help clients in regions including strategy formulation, virtual transformation, hazard control, and regulatory compliance.
The company emphasizes innovation and invests heavily in era to enhance its provider transport and aid clients in adapting to virtual disruption. PwC additionally specializes in sustainability and company responsibility, aiming to make a advantageous effect on communities and the surroundings.
Job Description
A Supplier Risk Management activity includes assessing and mitigating risks associated with outside vendors to make certain operational continuity and compliance. Responsibilities consist of evaluating supplier financial balance, monitoring geopolitical and environmental elements, and developing danger mitigation techniques. Collaboration with procurement groups to vet new providers and keep relationships with existing ones is important. Additionally, accomplishing audits, enforcing risk frameworks, and staying up to date on enterprise guidelines are key components of the position. Effective verbal exchange capabilities are crucial for negotiating contracts and resolving disputes to shield organizational pursuits and uphold deliver chain integrity.
Key Responsibilities of SUpplier Risk Management:
- Risk Assessment and Mitigation: The number one duty includes assessing potential dangers posed by means of suppliers and mitigating them to minimize effect on operations. This consists of evaluating factors which includes economic balance, geographical risks, regulatory compliance, and operational talents of providers.
- Supplier Evaluation and Selection: Conducting thorough critiques of ability suppliers to make certain they meet organizational standards and criteria. This entails analyzing dealer financial fitness, performance records, reliability, and their capacity to deliver goods and offerings as required.
- Contract Negotiation and Management: Negotiating contracts with suppliers that encompass clear phrases and conditions associated with danger control. This guarantees that obligations, liabilities, and contingencies are definitely described to defend the organization’s pastimes.
- Monitoring and Surveillance: Continuously tracking provider overall performance and marketplace situations to perceive emerging risks or adjustments that might have an effect on deliver chain balance. Implementing surveillance mechanisms and early caution systems to hit upon capability disruptions.
- Compliance and Regulatory Adherence: Ensuring suppliers adhere to regulatory necessities and ethical requirements set by way of the organisation and applicable government. This entails staying up to date with regulatory adjustments and ensuring providers follow environmental, social, and governance (ESG) suggestions.(SUpplier Risk Management)
- Crisis Management and Contingency Planning: Developing and imposing contingency plans to control supplier-associated crises or disruptions successfully. This consists of organising alternative supply resources and verbal exchange protocols to reduce downtime.
- Relationship Management: Building robust relationships with providers based on transparency, agree with, and mutual gain. This allows powerful communication, collaboration, and trouble-solving when addressing threat problems or negotiating contract terms.
- Data Analysis and Reporting: Utilizing statistics analytics equipment and systems to investigate dealer overall performance metrics, pick out trends, and generate reviews. This data-pushed method allows in making knowledgeable decisions and improving risk control techniques.
- Continuous Improvement: Proactively identifying opportunities for system development within supplier chance control practices. Implementing quality practices, benchmarks, and lessons found out to beautify efficiency and effectiveness.
Key Skills of SUpplier Risk Management:
- Analytical Skills: Ability to research complicated facts, assess risks, and discover potential vulnerabilities within the supply chain.
- Negotiation Skills: Strong negotiation skills to secure favorable agreement phrases and solve disputes with suppliers efficaciously.
- Communication Skills: Excellent verbal and written verbal exchange competencies to articulate risks, requirements, and expectations surely with internal stakeholders and suppliers.
- Critical Thinking: Capacity for crucial questioning to expect issues, examine answers, and make informed decisions beneath pressure.
- Project Management: Proficiency in project management methodologies to plan, execute, and monitor dealer risk control projects.
- Ethical Judgment: Sound ethical judgment to uphold integrity, compliance, and company social obligation in supplier relationships.
- Technical Competence: Familiarity with deliver chain control software, hazard evaluation tools, and facts analytics systems to assist selection-making strategies.(SUpplier Risk Management)
- Adaptability: Ability to conform to changing commercial enterprise environments, market conditions, and regulatory landscapes affecting dealer operations.
- Collaboration: Strong collaborative talents to paintings move-functionally with procurement groups, criminal advisors, and senior control to attain organizational desires.
- Attention to Detail: Meticulous attention to detail to ensure accuracy in agreement terms, threat assessments, and compliance documentation.
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