Supply Chain Risk Manager (2024)

Nexteer Automotive - Saginaw, MI

Full-time

Saginaw, MI

Repair and Maintenance

About the position

The Supply Chain Risk Management team is tasked with developing and executing strategies to ensure supply continuity and mitigate risks based on various indicators provided by cross-functional teams, including Finance, Quality, and PC&L. We are seeking a talented Supply Chain Risk Manager who possesses strong operations, supplier quality, and purchasing skills to join our SCRM team. This individual will be responsible for managing a risk monitoring database and providing insights and action plans regarding top risk suppliers to the US Division. Additionally, the role involves working on-site with these suppliers to implement corrective and preventive actions. In this role, the Supply Chain Risk Manager will own supplier risk databases for US operations teams and will be responsible for developing and sharing insights with Global Supply Management and Operations teams located in Saginaw. The manager will conduct comprehensive supply risk assessments for suppliers, evaluating a range of holistic risk indicators, including strategic, financial, geopolitical, capacity, supply and logistics, cybersecurity, and compliance. They will assess supplier risks in light of emerging regulatory requirements, identify strategies and recommendations, and integrate solutions into relevant business processes. The Supply Chain Risk Manager will also support the development and execution of risk mitigation plans that align with short-term, annual, and long-term growth projections in collaboration with purchasing managers. They will create risk alerts based on the severity of identified risks and act promptly to mitigate these risks. Furthermore, the manager will assist commodity and plant teams in formulating continuity plans for high-risk suppliers and contribute to the overall risk management strategy for procurement, embedding these strategies into base business practices. The role requires developing visibility of risks associated with tier 2/3 suppliers for key material categories and incorporating these findings into sourcing strategies. The Supply Chain Risk Manager will work collaboratively to establish predictive risk management practices and deploy them within the procurement scope. They will also collaborate with GSM managers to integrate risk management solutions into sourcing strategies, supplier relationship management, and contracting activities, while supporting the business planning process to incorporate risk management projects and necessary resources, including the adoption of digital tools.

Responsibilities

• Own supplier risk databases for US operations teams.
• Develop and share insights for Global Supply Management and Operations teams in Saginaw.
• Conduct supply risk assessments for suppliers across holistic risk indicators including strategic, financial, geopolitical, capacity, supply and logistics, cybersecurity, and compliance.
• Assess supplier risk and the impact of emerging regulatory requirements, identify strategies/recommendations, and integrate solutions back into appropriate business processes.
• Support developing and executing risk mitigation plans for short term, annual and long-term growth projections in collaboration with purchasing managers.
• Develop risk alerts based on severity of risks and act with sense of urgency to mitigate risks.
• Support commodity and plant teams in development of continuity plans for high-risk suppliers.
• Support in development of overall risk management strategy for procurement and embed those into base business practices.
• Develop visibility of risks to tier 2/3 for key material categories and incorporate findings in sourcing strategies.
• Work collaboratively to develop predictive risk management practices and deploy for procurement scope.
• Collaborate with GSM managers to embed risk management solutions into sourcing strategies, supplier relationship management and contracting activities.
• Support business planning process to incorporate risk management projects and required resourcing, including adoption of digital tools.

Requirements

• Bachelor's degree in engineering, Supply Chain Management, or related fields.
• 8+ years of strong experience in procurement or related supply chains with exposure to risk management scope.
• Familiarity with material categories, including electronics, machining, molding, assembling, tooling, and manufacturing processes, is advantageous.
• Strong analytical mindset and ability to work with complex data/information sets.
• Strong verbal and written communication skills with the ability to confidently present complex information.
• Experience working across regions and understanding markets.
• Continuous improvement/lean manufacturing/six sigma problem-solving experience or certifications.
• Experience with Enterprise Resource Planning systems.