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Sourcing Executive

Salary undisclosed

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Job Description

Supplier and Market Research

  • Identify Potential Suppliers: Research and evaluate potential suppliers based on company needs, tender requirements, and industry trends.
  • Market and Competitor Analysis: Continuously monitor market trends, competitor strategies, and emerging suppliers. Investigate material origins and production advantages to enhance sourcing capabilities.

Procurement & Purchasing

  • Goods and Services Acquisition: Source and purchase goods, components, machinery, equipment, or services to meet specified cost, quality, and delivery targets.
  • Liaison for Procurement Processes: Serve as the primary interface between suppliers and internal stakeholders for new projects and ongoing procurement activities.

Cost Analysis and Negotiation

  • Cost Evaluation: Provide detailed cost analyses for both new and existing suppliers while reviewing cost reduction opportunities.
  • Contract Negotiation: Negotiate contracts to secure optimal pricing, favorable terms, and overall cost savings. Identify further opportunities to generate business savings through best procurement practices.

Supplier Relationship Management

  • Optimize Supplier Base: Build, manage, and continuously evaluate supplier relationships to ensure cost competitiveness, quality, and reliable service.
  • Supplier Performance: Enhance the supplier base by sourcing, evaluating, and retaining suppliers aligned with company standards and goals.

Process Improvement and Reporting

  • Efficiency Initiatives: Drive continuous improvements in the sourcing process to boost overall efficiency.
  • Timely Reporting: Prepare and submit comprehensive cost analyses, reports, and departmental documentation accurately and on schedule.

Additional Responsibilities

  • Ad-hoc Tasks: Perform any other duties as assigned to support the overall procurement function.
  • Basic understanding in ERP/MRP/SAP to identify areas of inefficiency within the sourcing process and implement procurement technology solutions to optimize performance.

Requirements

  • Minimum Qualification: Diploma in Mechanical/ Mechatronic/ M&E (a Certificate in Purchasing and Negotiation is preferred).
  • Experience: At least 5 years of purchasing experience in a manufacturing environment.
  • Technical Skills: Proficient in Microsoft Office.
  • Core Competencies: Demonstrated experience in purchasing and negotiation.
  • Analytical Skills: Basic analytical abilities.
  • Additional Attributes: Initiative, honesty, meticulousness, teamwork, and a positive attitude.
Job Description

Supplier and Market Research

  • Identify Potential Suppliers: Research and evaluate potential suppliers based on company needs, tender requirements, and industry trends.
  • Market and Competitor Analysis: Continuously monitor market trends, competitor strategies, and emerging suppliers. Investigate material origins and production advantages to enhance sourcing capabilities.

Procurement & Purchasing

  • Goods and Services Acquisition: Source and purchase goods, components, machinery, equipment, or services to meet specified cost, quality, and delivery targets.
  • Liaison for Procurement Processes: Serve as the primary interface between suppliers and internal stakeholders for new projects and ongoing procurement activities.

Cost Analysis and Negotiation

  • Cost Evaluation: Provide detailed cost analyses for both new and existing suppliers while reviewing cost reduction opportunities.
  • Contract Negotiation: Negotiate contracts to secure optimal pricing, favorable terms, and overall cost savings. Identify further opportunities to generate business savings through best procurement practices.

Supplier Relationship Management

  • Optimize Supplier Base: Build, manage, and continuously evaluate supplier relationships to ensure cost competitiveness, quality, and reliable service.
  • Supplier Performance: Enhance the supplier base by sourcing, evaluating, and retaining suppliers aligned with company standards and goals.

Process Improvement and Reporting

  • Efficiency Initiatives: Drive continuous improvements in the sourcing process to boost overall efficiency.
  • Timely Reporting: Prepare and submit comprehensive cost analyses, reports, and departmental documentation accurately and on schedule.

Additional Responsibilities

  • Ad-hoc Tasks: Perform any other duties as assigned to support the overall procurement function.
  • Basic understanding in ERP/MRP/SAP to identify areas of inefficiency within the sourcing process and implement procurement technology solutions to optimize performance.

Requirements

  • Minimum Qualification: Diploma in Mechanical/ Mechatronic/ M&E (a Certificate in Purchasing and Negotiation is preferred).
  • Experience: At least 5 years of purchasing experience in a manufacturing environment.
  • Technical Skills: Proficient in Microsoft Office.
  • Core Competencies: Demonstrated experience in purchasing and negotiation.
  • Analytical Skills: Basic analytical abilities.
  • Additional Attributes: Initiative, honesty, meticulousness, teamwork, and a positive attitude.