Strategic Procurement Leader for Supply Chain Excellence
9 hours ago
We are seeking a highly skilled Strategic Procurement Leader to join our team at NTS Components Singapore Pte. Ltd.
About the RoleThis is an exceptional opportunity for a seasoned procurement professional to drive strategic sourcing, inventory management, and supplier relationships that contribute to our company's success.
Key Responsibilities- Develop and implement a comprehensive supplier management program with key suppliers, including metrics, performance goals, and improvement initiatives.
- Establish purchasing policies and ensure compliance with ISO requirements, assisting in customer audits as needed.
- Negotiate contracts with suppliers to achieve best possible cost, service guarantee, and develop win-win strategies for sustainable relationships.
- Set department KPIs and lead the team to develop forecasts for future demand and place orders accurately based on vendor lead-time.
- Evaluate supplier core competencies and competitive positioning using industry cost models with cross-functional stakeholders from Quality, Manufacturing, Assembly/Planning & Customer Support, and Logistics departments.
- Research and anticipate shifts in negotiating power of suppliers or switch suppliers by conducting localization or building dual source strategies.
- Implement supplier agreements/contracts when beneficial by working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions.
- Bachelor's degree in supply chain management, manufacturing, mechanical, or mechatronics, and at least five years of purchasing/strategic sourcing experience.
- Minimum 5 years of working experience in a manufacturing environment.
- Experience managing Profit & Loss responsibilities for manufacturing.
- A self-starter with a motivated and able to positively motivate others can-do attitude.
- Ability to manage projects and establish clear goals and accountabilities to ensure successful delivery (on time, within budget, meeting agreed-upon success criteria).
- Strong preference for some international sourcing experience.
- Excellent leadership, team player, people management skills.
The estimated salary for this role is SGD $120,000 - SGD $180,000 per annum, depending on experience, plus additional benefits such as medical insurance, retirement plan, and paid time off.
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