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Materials Buyer

1 week ago

Singapore People Profilers Full time

Materials Buyer Job Description

We are seeking a highly skilled Materials Buyer to join our team at People Profilers Pte Ltd.

The successful candidate will be responsible for purchasing direct materials, components, and equipment as driven by the MRP system or Re-order Point system, and reviewing and analyzing planning reports to ensure timely materials availability for production.

Main Responsibilities:

  • Purchase direct materials, components, and equipment in accordance with production requirements.
  • Review and analyze planning reports to ensure timely materials availability for production.
  • Drive Gross Margin Improvements through negotiations or localization with suppliers on pricing, rework cost, and minimizing expediting cost and purchase price variance.
  • Responsible for materials lead time reduction by getting suppliers to improve cycle time, negotiating on hedges and VMI program.
  • Ensure timely PO execution and address suppliers' quality, capacity, and materials issues that may affect supply.
  • Communicate with suppliers for early or delayed deliveries as required, driving suppliers to meet on-time delivery.
  • Active participation in business review with suppliers and provide constructive feedback to help suppliers improve their scores.
  • Ensure accuracy and timeliness of claims from suppliers on ECO and EOM projects.
  • Timely review and execute on ECN and ECO changes so that production is not affected.
  • Develop actions to minimize excess inventory. Work with Inventory Analyst by providing recommendations during quarterly E&ND review. Follow through the actions proposed.
  • Drive to improve inventory turns by having quick execution on MRB and quick returns on RTV.
  • Quarterly review of safety stock to ensure an optimal balance of supply vs inventory turns.

Requirements:

  • Bachelor Degree in Engineering/Supply Chain Management/Logistics or equivalent.
  • 1-5 years related industry experience in buying and production planning.
  • Proficient in MS Excel, Word, Outlook, and experience in SAP system is highly desirable.
  • Experience in low-volume high-mix Manufacturing environment is a plus.
  • Basic understanding of Bill of Material (BOM) will be an advantage.