Supplier Relationship Manager - Johannesburg, South Africa - Absa Bank Limited

Absa Bank Limited

Verified Company

Johannesburg, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

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Description

Bring your possibility to life Define your career with us

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

The purpose of the role is to ensure that all activities and duties are carried out in full compliance with Regulatory requirements, Enterprise Risk Management Framework (ERMF) and internal Group Procurement Policies (GPP) and Standards.

Understand and manage risks and risk events (incidents) relevant to the Role.

Job Description:

We are looking for a tenacious, adaptable and self-motivated Strategic Supplier Relationship Manager (SRM) to establish and maintain relationships at all levels within Absa and Suppliers within own Category.

To work with Absa Business areas and approved Suppliers.

To focus on Sourcing and Supplier initiatives, assist in the development and execution of commercial solutions targeted to realize significant value for Business and Group, whilst creating alignment with the service, market and supplier strategies.

Key Accountabilities

Accountability:
Commercial Delivery

Deliver the 3rd Party Supply chain, for a defined portfolio of business processes that supports the delivery of the agreed products & services, together with any future strategies or developments as determined by the contracted agreement.
Work with suppliers to develop strategies in order to deliver quantifiable benefits to the business
Act as an interface for the suppliers/performance partners in order to provide services to the Bank
Assist Management to deliver alignment between business and category objectives and strategy for the specific supplier
Assist with the delivery of targeted benefits to cover cost reduction, cost avoidance, quality, service, innovation and revenue generation financial deliverables as agreed & must contribute to growth of absolute profit and strategy for the specific supplier
Deliver compliance to the Group Procurement and External Supplier Management Standard
Process data accurately for commodity/supplier and ensure compliance with Records Management implemented processes
Review business drivers and translate into value adding Procurement strategies in order to meet stakeholder requirements
Obtain stakeholder signoff to all agreed Sourcing and Supplier Management benefits negotiated
Undertake supplier and product rationalization reviews with the business, develop appropriate strategies and gain stakeholder approval/budget allocation
Obtain and cascade relevant information and analytics to conduct reviews that drives business improvement
Ensure that supplier contracts drive performance against quantified business needs and continuous improvement through the creation of services schedules and assist in negotiating where applicable
Ensure that supplier contracts comply with applicable regulatory requirements by reviewing on an annual basis in conjunction with Business area and Absa Legal
Review supply market and supplier research and deliver potential cross functional strategies that are innovative to the supplier
Drive supplier and product/service rationalization initiatives and ensure that specifications/functionality are fit for purpose
Schedule and participate in formal Supplier Relationship Management Reviews across all business needs including cost management, development, technology roadmapping, productivity etc.
Design and implement supply base capability communications via internet, binder or supplier road shows.
Submit weekly status updates on all projects/suppliers within category
Facilitate contract administration process for all suppliers within category and ensure that the central repositories hold the latest contracts and Change Control Notes (CCNs)
Instruct suppliers to adhere to Corporate Social Responsibility (CSR) and Business Continuity Management (BCM) requirements
Manage supply dependencies and interactions effectively up to senior level throughout the sourcing life cycle, internally with clients, colleagues and external Suppliers
Ensure the effective Handover of commercial arrangements into live operation post contract award
Ensure appropriate engagement of internal legal resource and control their input to meet business and sourcing requirements
Ensure Contracts within own Category are renewed on time

Accountability:
Stakeholder Management

Develop stakeholder relationships using effective communication plans and forums
Create supplier/business forums to promote proposals regarding innovation, cost saving ideas, product or service and process improvement opportunities
Meets with Stakeholder business executives to discuss impact of supply chain strategic development on overall business and to develop forwardthinking supply chain strategies
Influences the indu