Senior / Commodity Specialist
Found in: Talent SG 2A C2 - 2 weeks ago
Summary
To manage a group of assigned commodities in terms of sourcing, pricing & supply and ensure assurance of supply (AOS). Candidate is expected to drive Key Performance Indicators (KPI) defined by the Management and work towards the target set forth.
Responsibilities :
Commodity Management
- Manage and develop strategies for an assigned group of commodities in terms of sourcing, pricing and supply.
- Monitor and communicate price trends and market supply activities of assigned commodities; take necessary action when needed.
- Drive and achieve targets for Key Performance Indicators (KPIs).
- Drive monthly/quarterly cost reduction with suppliers.
- Benchmark pricing trends of commodities with the industry and/or suppliers’ competition.
- Understand industry and commodity trends to influence the use of standard/ common parts/ materials.
- Follow up of samples or First Article (FA) to be submitted through Product/ FA Engineer to customer for evaluation/ approval.
- Be able to represent the team in customer interface where required.
Supplier Management
- Identify, select and qualify new suppliers with a team of cross functional members.
- Negotiate, manage and review terms and conditions with suppliers.
- Manage and review terms and conditions with suppliers.
- Work with the Commodity Manager to identify strategic suppliers for consolidation to boost negotiations on pricing, terms, contracts and agreements.
- Manage suppliers to effectively achieve cost, availability and foster strong supplier relationships.
- Understand and communicate capabilities and technical roadmap of key suppliers to R&D/ Engineering/ Quality departments.
- Conduct Quarterly Business Review (QBR) with suppliers to share the needs and expectations of the company and provide feedback to suppliers regarding their performance.
Support
- Ensure assurance of supply (AOS) to support business needs and seek means on resolution of supply issues.
- Early involvement with R&D for DFX & DFSC on component and supplier selection.
- Work with Purchasing, Quality and/or Finance to resolve any supplier related issues.
RFQ
- Source and determine quotations at the most competitive price.
- Ensure obtained pricing to be the most favorable for the company in both new and current business environments.
- Ensure quotation strategy makes sense to support the required business model to improve chances of an award of business from potential customers.
Requirements :
- Degree/Diploma in Mechatronics / Mechanical / Manufacting Electronics Engineering.
- Minimum 5 years of experience in Mechanical commodity operations, exposure to casting and machining process is highly advantageous.
- Good working knowledge of Import/Export procedures, INCOTERMS, and International Trade is required.
- Familiar with documentation and order processing, a good understanding of procurement practices and procedures.
- Engineering background, able to read & understand technical drawings & specifications.
- Familiar with MS Word & Excel (PivotTable, VLOOKUP, Match, Index functions).
- SAP knowledge is an added advantage.
- Meticulousness and attention to details.
- Possess good analytical skills and negotiation skills.
- Good understanding of the supply base, both local and overseas with good understanding of the outsourcing requirements in Singapore/Malaysia/China/India/Thailand will be an added advantage.
- Good communication and presentation skills.
- Must possess the ability to handle multiple tasks.
Tell employers what skills you have
Negotiation
Commodity
Manufacturing Engineering
Analytical Skills
Quality Management
Outsourcing
Assurance
Purchasing
Strategy
SAP
Presentation Skills
Pricing
Manufacturing
Sourcing
Electronics
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