Job Summary:
The Supply Chain Executive will play a critical role in managing our company’s supply portfolio, ensuring the smooth and cost-effective acquisition of goods and services. This position is responsible for developing sourcing strategies, negotiating with suppliers, and managing contracts to secure high-quality materials at optimal costs, mitigating risk, and contributing to the company's bottom line and operational efficiency.
Key Responsibilities:
- Develop, implement, and govern the company supply chain strategy.
- Lead the strategic sourcing process, identifying opportunities for cost reduction, supplier consolidation, etc.
- Evaluate and qualify new suppliers based on quality, cost, reliability and technical capabilities.
- Manager supplier performance through regular reviews and continuous improvement initiatives.
- Process purchases requests and orders accurately and in a timely manner.
- Negotiate contracts, terms, and conditions with suppliers to achieve the best possible commercial outcomes (cost, quality, delivery, payment terms, etc.)
- Ensure all procurement activities comply with company policies and legal regulations.
- PR and PO module owner and responsible for the process flow in the system.
- Collaborate with internal departments to ensure clarity of specifications and expectations.
- Drive cost analyses and reports for management, justifying purchase decisions and strategies.
- Monitor and control procurement budgets.
- Identify and implement improvements to streamline procurement processes and increase efficiency.
- Monitor logistics, warehouse, and inventory operations to ensure optimal inventory levels.
- Coordinate shipping logistics and transportation routes to maximize economy and efficiency.
- Other ad-hoc tasks assigned by supervisor.
Skills and qualifications
- Able to identify and evaluate suppliers, optimize costs, and ensure quality aligns with organizational goals.
- Able to secure favorable terms and conditions from suppliers and manage the lifecycle of contracts.
- Able to manage stock levels and the operational aspects of warehousing to ensure smooth flow of materials.
- Work effectively with internal departments and external parties to achieve common goals.
- Analyzing complex issues, developing solutions, and adapting to disruptions.
- Able to build and maintain strong, collaborative relationships with key suppliers.
Requirements
- Bachelor’s degree in Procurement, Business Administration, Supply Chain Management or a related field.
- Proven experience of a min 3 years as a Procurement and Sourcing Officer or in a similar role.
- Demonstrated experience in developing sourcing strategies and managing the end-to-end procurement lifecycle.
- Strong negotiation skills and a proven track record of achieving cost savings.
- Outstanding communication, interpersonal, and stakeholder management skills.
- Good communication skills in English and Mandarin as the Procurement and Sourcing Executive will need to liaise closely with other Mandarin-speaking employees, oversea vendors, etc.