Material Planning Executive

6 days ago


Singapore BEST WORLD LIFESTYLE PTE LTD Full time
Job Title: Material Planning Executive - Procurement Specialist

Estimated Salary: SGD 70,000 - SGD 100,000 per annum

About the Role:

BEST WORLD LIFESTYLE PTE LTD is seeking a highly skilled Material Planning Executive - Procurement Specialist to join our team. As a key member of our procurement team, you will be responsible for supporting master planning, preparing and updating production schedules and purchasing needs.

You will negotiate vendor contracts for long-term partnerships, focusing on capacity, pricing, and inventory. Your primary objective will be to ensure smooth operations and minimize excess and obsolete inventory.

Key Responsibilities:
  • Support master planning and prepare production schedules and purchasing needs
  • Negotiate vendor contracts for long-term partnerships, focusing on capacity, pricing, and inventory
  • Raise purchase orders to suppliers and oversee end-to-end processes inclusive of on-time payment
  • Issue production process orders to meet plant's operational needs and customer delivery requirements
  • Work closely with purchasing and warehouse/logistics teams to ensure on-time receipt and delivery of materials
  • Drive Phase-In-Phase-Out exercise to deplete end-of-life and obsolescence material and ensure issuance of correct materials for production operations
  • Monitor materials usage trends, forecasting of materials to ensure appropriate re-ordering points, and assess safety stock requirements and strategize for future purchases
  • Work closely with warehouse/logistics teams and 3PL warehouse for daily stock/material movement
  • Timely reporting and resolution of materials supply issues and minimize excess and obsolete inventory
  • Identify cost-saving initiatives and opportunities for process improvements and implement best practices in material planning
  • Collaborate with other departments to ensure operational alignment with production plans and KPIs
  • Execute supply, ramp-up, and phase-out plans to ensure smooth transitions and operational efficiency
  • Work with suppliers to drive sustainability and cost-improvement initiatives
  • Ensure order fulfillment and track Complete In Full, On Time (CIFOT) and Delivery In Full, On Time (DIFOT) rate
  • Responsible for annual Mandatory Packaging Reporting (MPR) to NEA
Requirements:
  • Minimum Bachelor's Degree in Supply Chain Management, Industrial Engineering, or other business management discipline or related field
  • Preferably 2-3 years of relevant experience in material planning and production scheduling in the Pharmaceutical, Chemical, and Cosmeceuticals industries
  • Relevant experience in SAP, Halal, ISO 22716, and ISO 9001 will be an added advantage
  • Fluent in both oral and written English
  • Strong analytical and mathematical skills in handling production data, problem-solving, and optimization
  • Excellent communication, interpersonal, and organizational skills for effective coordination
  • Self-motivated, strong analytical thinking capability, proven ability to work effectively in a team environment
  • Multi-tasking, meet deadlines, and maintain a high level of efficiency and accuracy
  • Meticulous and able to follow through with tasks promptly
  • Proficient in Microsoft Office applications (Word, Excel, and PowerPoint)


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