Purchasing Manager

5 days ago


Singapore Rand Technology Full time

About the Company Rand Technology is a leading global independent distributor of electronic components. With over 30 years of industry experience, we partner with customers to provide comprehensive services that enable supply chain optimization. Our engineering capabilities, testing, and commitment to world‐class quality make us an essential supply chain partner by providing quick, secure, and cost‐effective solutions to resolve challenges and ensure seamless operations. About the Role The Purchasing Manager plays a critical role in the Sourcing and Procurement organization. The Manager will drive on‐going professional development, coaching, and training of the buyers, develop and manage relationships with suppliers in their geography, partner with sales to ensure that purchasing processes are in place to meet the ever‐changing needs of Rand's customers, and to deliver to performance goals and KPIs. As needed the Manager will work globally with the Sourcing and Procurement staff to develop, manage, and deliver against key strategic initiatives both at the regional and global levels. While the role manages a regional team of buyers, the team supports the entire global sales organization across Asia, North America, and Europe. Responsibilities Deep experience needed in purchasing electronic components (passives, integrated circuits, etc.) and commodities (memory, CPU, storage). Identify and internally drive the qualification of potential suppliers in‐region in coordination with global commodity management and supplier development peers. Develop and manage relationships with new and existing suppliers to ensure proper performance of suppliers to Rand standards. Guide a team of buyers to execute the purchasing function of the company, engaging the electrical component and commodity supply chain in‐region. Drive and assist the team in: Purchase order placement, order tracking and expediting, documentation and internal escalations. Provide guidance for purchasing team on how customer lists will be sourced. Delegate work across the team in a manner that best utilizes the team's strengths and capabilities. Determine and assign coverage for team. Oversee the training of new buyers and on‐going, continuous product training. Conduct on‐going training with the team in partnership with global commodity management to build technical, part, and market knowledge to maximize the team's performance. Coach, mentor, and drive a positive team environment that creates a positive culture of success. Assist in the collection and reporting of market analysis, commodity trends, cost trends, etc. Continuously improve processes seeking internal business partner feedback. Support special projects as needed at the direction of the VP of Global Sourcing/Procurement. Support in the development and implementation of procurement and supply chain strategies. Support customer development and engagement activity as needed. Build relationships with sales, warehouse, quality, engineering, and other cross‐functional business partners to ensure problems are addressed in a timely manner. Qualifications Requirements Bachelor's degree in a business or technical field such as supply chain, procurement, finance, general business, or engineering. Minimum 7 to 10 years' sourcing/purchasing experience working with electronic components, commodities, and suppliers. Familiarity and experience with the general supply chain in the electronic components industry from part manufacturer to distributor/broker to original equipment manufacturer. Market knowledge and technical proficiency in the broader electrical components industry. Demonstrated experience sourcing short and long‐term requirements in a fast‐paced changing environment. Proficient with creating/presenting consumable market analysis information. Professional demeanor with an attention to detail, a drive for action, and passion to win. Intermediate proficiency level in basic software applications such as Microsoft Office, ChatGPT, Power BI, etc. Good written and spoken communication skills Demonstrated strong analytical, negotiation and problem‐solving skills. #J-18808-Ljbffr



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