Procurement Assistant Manager (Electronics, Indirect) #ESY
2 months ago
Strategic Sourcing & Category Management Develop and implement comprehensive procurement strategies for all indirect materials,components, and servic.....
Strategic Sourcing & Category Management
- Develop and implement comprehensive procurement strategies for all indirect materials,
- components, and services. These include primarily Marketing activities (Media buying, PR,
- display rack), General Affairs, etc.
- Conduct market research and spend analysis to identify new sourcing opportunities, mitigate risks, and ensure competitive advantage.
Supplier Relationship Management (SRM)
- Analyze and evaluate vendor for accreditation and supplier management
- Source out potential vendors in Singapore
- Negotiate prices of quotation and proposals to achieve cost savings
- Cultivate and maintain strong, long-term relationships with strategic suppliers, fostering
- collaboration, performance improvement, and joint innovation.
- Conduct regular supplier performance reviews (QBRs), monitoring KPIs such as quality, delivery, cost, and responsiveness.
- Develop and implement supplier development programs to enhance capabilities and ensure supply chain resilience.
Negotiation & Contract Management
- Lead complex commercial and contractual negotiations with suppliers to achieve optimal pricing, favorable terms, and service level agreements (SLAs).
- Manage the full contract lifecycle, from drafting and review to execution and renewal, ensuring compliance with legal and company policies.
- Cost Optimization & Value Creation
- Drive aggressive cost reduction initiatives through strategic sourcing, value engineering, supplier rationalization, and continuous process improvement.
- Implement total cost of ownership (TCO) models to evaluate procurement decisions beyond unit price.
- Monitor market trends for electronic components and raw materials to anticipate price fluctuations and implement hedging strategies where appropriate.
Compliance & Sustainability
- Ensure all procurement activities adhere to internal policies, industry regulations, and ethical sourcing standards.
- Provide necessary training of the internal procurement system to stakeholders
- Drive initiatives related to sustainable procurement, including supplier diversity and environmental considerations.
Contingency Function
- Oversees reconciliation of procurement-related documents due for payment processing
- Evaluate supplier's site for accreditation
- Ad hoc reporting, analysis, and other tasks as requested
Interested candidates, please email your resume to annasee@recruitexpress.com.sg
Anna See Sing Yee
CEI Reg R25157535
Recruit Express Pte Ltd
EA License No: 99C4599
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