Purchasing Executive is in charge of purchasing strategy for category level for related function. The scope of this role strongly focuses on identifying sourcing strategy, ensuring the sourcing activities and managing supplier relationship for respective category. This position should be able to appraise and improve sourcing activities by analysing spend, supplier partnerships and new cost savings opportunities.
This position will report to Procurement Managers who will oversee all the procurement activities based on stakeholder needs.
Job Responsibilities
Planning
Engage with key stakeholders in the early stage of the sourcing process to ensure a complete alignment of objectives and expectations.
Analyse inventory profile and differentiate the replenishment strategies according to the characteristics of the products being bought for the category in charge.
Regular communicate with stakeholders to update on any changes and adjust the plan accordingly.
Participate in budget development of the company to support procurement strategy.
Strategic Sourcing & Category Management
Cooperate with stakeholder and supplier to develop opportunties on alternative/new products and deliver cost saving target.
Work with end-users to understand business requirements and constantly look for opportunities to rationalise parts across the business
Document category historic spend and the total cost of ownership (TCO) for key category products and services to identify savings opportunities within assigned Sourcing category.
Responsible for negotiation of best possible cost service guarantee and develop win-win strategies that achieve sustainable relationships with suppliers.
Develop Service Level Agreements with contracted suppliers to promote an environment of continuous improvement and innovation.
Formulate effective sourcing strategies that accomplish performance and savings goals, anticipate potential threats or opportunities, and are consistent with department goals and policies.
Forecast and manage all the sourcing risks, especially risks when inducing new suppliers
Analyse external market and qualify potential supplier to ensure the supply to operations.
Contract Management
Facilitate contract execution with key category suppliers to ensure that required terms and conditions are included and that contract termination dates are tracked and managed.
Supplier Management
Monitor the supply base and lead the team to continuously look for opportunities to rationalise the number of suppliers.
Develop a supplier management program with key suppliers including metrics, performance goals and improvement initiatives.
Cooperate with Transactional team for proposed list for supplier evaluation.
Review the results and propose action with low performance suppliers. Prepare back-up supplier within 03 months after evaluation result.
Segment the suppliers into different groups based on their characteristics and identify strategies to manage relationship with those suppliers accordingly.
Procedure Compliance
Obey Procurement Policy and SOP to ensure there's no violation on company procedure.
Requirements
Skills and Experience
Bachelor's degree
3-5+ years experience in leading procurement roles, sourcing roles with strong stakeholders management records
Fluent in English - able to communicate well with global team
Good time management - able to make timely decisions that can create real savings or cost avoidance
Good teamwork - able to work cross functional team effectively
Influence and persuasion skills
Proven leadership ability and excellent interpersonal skills
