Philips Vendor Compliance Analyst in Stamford, Connecticut
The Vendor Compliance Analyst acts as a liaison between the customer and Philips teams to ensure the proper function and execution of all vendor compliance processes. The role will support all compliance functions focusing of retrieving, analyzing and presenting data; problem resolution and process improvement. The vendor compliance analyst will drive projects that bring awareness to the details of vendor violations data and challenge as appropriate to mitigate charges and resume compliance in accordance with our key KPIs. This role will also support other needs of the supply chain including but not limited to fill rate, on time, CSL and LEAN improvement initiatives.
Expected to continuously evaluate and implement processes with regard to opportunities to improve internal metrics and drive toward successful achievement of company objectives by analyzing compliance data and implementing process improvement initiatives with CSR’s, Operational teams, Forecasting, Demand Planning and customers .
Problem Resolution Coordination: Responsible for standardization and analysis of all Problem
Resolution processes/procedures to ensure maximum efficiency, accuracy, and proper
coordination with the different areas of Transportation, Logistics, warehousing and the customer. Review all Fill Rate and On Time related violations and initiate problem resolution for those issues.
Compliance Reporting/Violation Analysis: Prepare all reporting and supporting documentation for
business meetings with Corporate Ops (Customer Service, Forecasting, Demand Planning) on a monthly basis. Provide violation trend analysis and notify management of any necessary issues with FR, OT and Vendor Compliance needs based on these findings. Create monthly project improvement log identifying outstanding issues, and highlighting issues that have surpassed their resolution time-frame. Implement process improvements based on reporting analysis and outward resolution needs, driving production efficiencies and increasing planning opportunities based on Internal Supply Chain metrics.
Compliance Projects/Project Management: Collaborate with Customer Service, Forecasting and Demand Planning, providing them with the necessary FR/OT/CSL data within Supply Chain to avoid disruptions and ensure compliance to customer goals. Work with Customer Service, Forecasting and Demand planning on projects to improve processes that drive internal metrics.
Develop and implement supplier strategies for supply chain cost reduction, quality improvements, risk mitigation, opportunity identification, and internal/external process efficiencies. Identify and investigate opportunities to improve distribution efficiencies and savings, and coordinate implementation with business partners.
Coordinate daily activities related to compliance of Customers. Monitor critical customer metrics, including on-time delivery, operational deficiencies and order fill rates. Identify and discuss defects and delivery problems with management, customers, and affected parties and creates projects to improve metrics.
Develop reports on customer performance and activities and provide managers with current results for action.
Management of Monthly Write-Off Process: Work in partnership with accounting, operations, finance, and the collections teams to clear vendor violation open liabilities. Manage the process by which violations are examined, analyzed, and allocated based on root cause. Understand trends and impact on vendor violations budget. Conduct Root Cause Analysis to understand culpability for violations and for judgement on write-offs.
Provide month end open liability breakdown to the management team and all relevant stakeholders. Build reports compiling open liability at the end of the month with previous month information to track outstanding violations.
Conduct project meetings and is responsible for project tracking and analysis.
Recommend and take action to direct the analysis and solutions of problems.
Create and maintain a project schedule for each project by identifying and monitoring: overall project timeline, project milestones, tasks, resources, ETAs, task dependencies, and critical paths.
Coordinate meetings, as needed, to initiate working sessions, resolve project issues, etc.
Promote continuous improvement by conducting, documenting, and communicating lessons learned throughout the project.
Prepare and conduct informal and formal presentations
Build relationships with all functional areas and manage stakeholder expectations
Here at Philips WE ARE Working Together for a Better Tomorrow:
Philips' dedication to enriching lives is reflected in our company, our solutions, and a commitment to our people. Philips products lead to improved healthcare, faster diagnosis and better patient outcomes. Philips employees are working hard to improve people’s lives every day.
We offer you the opportunity to personally contribute to Philips’ achievement of growth objectives and ambition to improve the lives of 3 Billion people a year by 2025.
We are looking for
The successful candidate will possess the following knowledge, skills education and experience:
Requires 3 plus years of experience in vendor management or supplier management
Requires solid experience using Microsoft Office
SAP experience preferred
Can coordinate multiple tasks simultaneously, and have strong analytical skills and attention to detail skills
Bachelor’s degree required
Call to Action / Contact
Find out more info about Philips at www.philips.com/na/careers .
Philips is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, genetic information, creed, citizenship, disability, protected veteran or marital status.
As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.