Associate Director, Category & Supplier Risk Management

Abbvie - North Chicago
new offer (02/06/2024)

job description

Job Description
This position is responsible for spearheading category and supplier profiling and managing risk against industry benchmarked criteria. The role involves the creation and maintenance of procurement category heat maps and supplier segmentation strategies, delivering performance &
governance standards. The Associate Director is responsible for supporting stakeholder execution of governance strategies in addition to leading a team, ensuring their professional development aligns with organizational goals.
- Lead the development and implementation of advanced category profiling strategies, including the creation of supply chain risk heatmaps.
- Innovate in the segmentation of suppliers and the comprehensive risk assessment of procurement categories.
- Identify emerging trends and vulnerabilities within categories, ensuring the organization is ahead in risk identification and mitigation strategies.
- Implement risk management strategies and profiling techniques across procurement category, supplier stratification, and supplier performance strategies, ensuring alignment with the organization's overall procurement strategy.
- Ensure that risk assessment findings and mitigation strategies are effectively integrated into category and supplier management operations.
- Work collaboratively with procurement teams to embed risk management practices in all procurement activities.
- Regularly review and refine risk management processes and strategies based on changing market dynamics and internal performance metrics.
- Lead continuous improvement initiatives in category management and risk assessment, drawing insights from performance data and industry best practices.
- Manage and coach risk managers, focusing on their development in strategic risk management, category profiling.
- Set clear objectives and performance metrics for direct reports, fostering a culture of accountability and excellence.
- Encourage a collaborative team environment that values innovation, strategic thinking, and a proactive approach to risk management.
Qualifications:
- Comprehensive procurement and category domain expertise to support market analysis, risk and financial assessments, ensuring strategic and informed procurement decisions.
- Strong capabilities in internal stakeholder management and influence, enabling oversight of complex projects.
- Detailed understanding of procurement policies and processes across categories and suppliers.
- Innovative problem-solving skills combined with a solution-oriented mindset, enabling creative approaches that challenge the status quo with clear communication at all organizational levels.
- Excellent analytical capabilities to inform strategic thinking and implementation of risk identification and mitigation measures.
- Strong cross-functional collaboration abilities, effectively navigating diverse team dynamics.
- Exceptional soft skills and emotional intelligence, facilitating empathetic interactions and effective dialogue.
- Impactful executive functioning abilities and autonomous work ethic, maintaining efficient performance in challenging situations and building consensus in decision-making.
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