Senior / Commodity Specialist

2 weeks ago


Singapore Venture International Pte. Ltd. Full time

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.

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