Manager, Procurement
2 weeks ago
We have a great opportunity available for a Singapore based Procurement Manager to lead the Procurement team and drives results through the optimization of current supply base for our Singapore’s manufacturing location.
Procurement is critical to support Michelman’s global growth strategies through the leadership and execution of major projects that enable robust cost savings and improve security of supply of our key raw materials. You will have the opportunity to contribute/create category strategies for key raw material families and manage supplier relationships globally. This will be enabled by engaging with colleagues from around the world, leveraging regional specific supply opportunities and expanding our supply network worldwide. Through collaboration, you will connect cross-functional teams with raw material suppliers to create sustainable advantage for Michelman.
**Primary Responsibilities**
- Manage and lead the day-to-day of procurement responsibilities by supporting operations, finance and technology. This includes raw materials, capital and Indirect spends
- Maintain system integrity in the ERP system, ensure procurement policy, guidelines and any associated documents are in place and updated when required.
- Create and implement regional procurement strategies that are innovative, cost-effective, sustainable, and incorporate the growing complexities and challenges within industry aligning to global procurement strategies.
- Lead transformational activities to build procurement organizational capabilities and improve procurement efficiency
- Implement cross-functional cost savings; support new product development; supply assurance and quality improvements by sourcing, selecting, and partnering with suppliers through robust category strategies
- Create and review opportunities on alternative materials and or suppliers to meet the business unit objectives in procurement activities and deliver best values and business savings
- Study and analyze market/industry trend of raw material / feedstock related movement and keeping abreast of the changing environment and keep stakeholder updated. Develop strong partnership with suppliers as well as the business.
- Understand market situation, business trends and product availability to pay the best price for company goods and services without sacrificing quality or delivery times
- Develop commodity management for critical commodity
- Contribute and communicate the impact on Procurement activities to business/stakeholders when situation arise like market change and potential effects on supply. Recommend solutions without compromising quality or service while optimizing cost.
- Develop and implement strategies for procuring, storing, and distributing goods or services and maintaining stock levels
- Collaborating with our technology to understand our company needs as well as work with our existing/new suppliers to determine company strategic alignment.
- Sourcing and engaging reliable suppliers and vendors.
- Build and nurtures relationships with suppliers to negotiate the best prices for company and identify long term strategic suppliers.
- Perform all procurement and contracting activities including pre-qualification, tender management, negotiation, and preparation of contracts.
- Performing risk assessments on potential contracts and agreements
- Analysis of supply markets to identify potential suppliers and keep abreast of changing industry trends
- Periodic review and audit system integrity of supplier’s info in the system, JDE such as supplier lead-time, purchasing pricing and supplier basic data like safety stock, MOQ and order multiple.
- Maintain and update documentation such as ISO procedure, supplier audit report, when necessary.
- Review repeated/critical supplier corrective action and develop annual supplier audit plan where applicable.
- Periodical review and monitor the vendor performance i.e. quality and delivery performance, supplier approved record and supplier qualification.
**Critical Competencies, Knowledge, Skills, and Abilities**
- Strategic thinker with strong problem-solving
- Ability to work in a fast-paced, matrix-based environment with multiple priorities
- Must have the ability to make decisions even in critical situations and under time pressure
- Proven ability to think independently and handle projects through to completion
- Excellent written and verbal communication skills
- Strong external focus with a growth mindset
- Ability to work well in a collaborative team environment
- High levels of self-motivation, initiative, and interpersonal skills
- Experienced in:
- Negotiation and Contract development
- Supplier Analysis
- Industry Analysis/Competitive Analysis
- Supplier Relationship Management
- Category Strategy Development
- Commodity Management
- Passion, self-motivation, take initiative, and good interpersonal skill
- Excellent presentation, written and oral communication skills
- Ability to interface with su
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