Strategic Commodity Specialist for Manufacturing Excellence
3 days ago
We are seeking an accomplished Strategic Commodity Specialist to join our team at Bio-Rad Laboratories (Singapore) Pte Ltd.
Salary$95,000 - $125,000 per annum based on experience and qualifications.
About the RoleThis is a critical position that plays a key role in driving cost reduction initiatives and developing strategies to achieve lowest total cost of ownership.
- You will manage an intermediate group of commodities, including sourcing, supplier qualification, and negotiations with suppliers.
- Drive cost reduction programs through total cost benchmarking, identify opportunities, and execute them.
- Carry out periodic price and contract reviews/negotiations with suppliers, ensuring all price agreements are loaded into SAP.
- Manage supplier relationships, including new supplier onboarding, agreement review, periodic business reviews, scorecards, and audits.
- Collaborate with cross-functional teams, such as management, manufacturing engineering, R&D, product marketing, and project management.
- Develop and implement strategic sourcing strategies to reduce costs and improve supply chain efficiency.
- Conduct market research to stay informed about industry trends, market conditions, and competitor activity.
- Maintain accurate records of supplier performance, including quality control, delivery times, and communication.
- Analyze data to identify areas for improvement and develop recommendations for process enhancements.
- Ensure compliance with company policies, procedures, and regulatory requirements.
- Degree in Mechanical Engineering or related field.
- A minimum of 3 years' experience in strategic procurement or purchasing in a manufacturing environment.
- Good working knowledge of casting, sheet metal fabrication, plastic injection molding, and precision machining manufacturing processes.
- Excellent analytical, problem-solving, and communication skills.
- Familiarity with Lean Six Sigma principles and methodologies.
- Strong collaboration and teamwork skills.
Bio-Rad Laboratories, Inc. is a global leader in developing, manufacturing, and marketing high-quality research and clinical diagnostic products. Our mission is to help people everywhere live longer, healthier lives.
Benefits- Comprehensive medical plans and insurance.
- Flexible benefits and wellness programs.
- Extensive learning and development opportunities.
- Recognition and reward programs.
- Opportunities for career growth and professional development.
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