Key responsibilities including (but not limited to):

Sourcing Strategy Development

Source and continuously assess new and existing suppliers’ capacity and capability to meet business requirements and develop supply strategy for assigned category.

Lead new sourcing projects and coordinate new product development / existing product modification with relevant departments. Keep track of all the critical milestones and key release dates.

Work with supply chain team on negotiating inventories, lead time, capacity, MOQ, and production schedules with suppliers.

Facilitate quotations amongst vendors, conduct cost comparison and additional supporting documentation to provide a comprehensive analysis on supplier selection.

Cost Management

Manage RFQ process for new products, analysis quotes and cost breakdowns. Ensure cost model development for the assigned commodity, based on the deep understanding of the product manufacturing process, major cost drivers and the market situation.

Be sensitive to potential cost reduction opportunities and negotiate prices on a regular basis to achieve company’s cost saving target. Supplier Management Maintain existing supplier information, including contact list, company profile, prices database, etc.

Build and manage a diverse vendor pool to fulfil current and future business needs for responsible categories.

Evaluate the performance of suppliers by analyzing KPIs and get alignment with cross-functional team to initiate cost reduction and service improvement. Develops and maintains positive relationships with both existing and new suppliers.

Supply Market Analysis

Conduct supply market research as required, facilitate regular (monthly/quarterly) industry intelligence collection and summary to share with relevant teams.

Aware of latest developments and technology impacting on the products and services being purchased.

All related supply risk is identified, highlighted and mitigation plan is in place.