Lead Sourcing Specialist

2 days ago

Singapore GE Vernova Full time

**Job Description Summary**: We are seeking a detail-oriented, proactive, and results-driven Lead Sourcing Specialist to support and enhance our sourcing and procurement operations. This role is critical in managing supplier relationships, driving cost optimization, supporting contract negotiations, and ensuring the timely delivery of goods and materials.

**Key Responsibilities**

**Sourcing & Procurement Operations**
- Develop and execute sourcing strategies to ensure cost-effectiveness and product quality.
- Identify, evaluate, and negotiate with both new and existing suppliers.
- Build and maintain strong vendor relationships, ensuring performance and compliance.
- Manage CAPEX sourcing, including equipment, tooling, facilities, and infrastructure projects.
- Work with internal teams to align procurement timelines and requirements with project goals.
- Lead the bidding process, contract negotiation, and finalization for capital projects and services.
- Collaborate with cross-functional teams to support timely and cost-effective sourcing for new product launches.
- Manage RFQ processes, supplier selection, and procurement readiness for production ramp-up.
- Implement and oversee Vendor Managed Inventory (VMI) programs to improve supply continuity and reduce holding costs.
- Analyze supply chain bottlenecks and negotiate improved lead times through forecasting and capacity planning.
- Oversee end-to-end procurement activities including RFQs, PO management, and contract execution.
- Conduct market research and cost analysis to inform procurement decisions.
- Balance timely material availability with inventory optimization.

**Team Leadership & Process Improvement**
- Train and mentor team members on procurement best practices and company policies.
- Support supply chain improvement initiatives and sustainability efforts.
- Collaborate on ERP implementations and upgrades, focusing on procurement automation and process standardization.

**Compliance & Reporting**
- Ensure all procurement activities are in compliance with internal policies and regulatory requirements.
- Maintain accurate procurement records and documentation.
- Prepare and present regular reports on KPIs, including safety, quality, delivery, cost (SQDC), supplier performance, and risk mitigation.

**Cross-Functional Collaboration**
- Work closely with Operations, Engineering, Materials, Quality, Finance, and other teams to align sourcing strategies with broader business needs.

**Qualifications & Experience**
- Bachelor’s degree in Supply Chain Management, Business, Engineering, or a related field.
- ** Minimum of 5 years of experience in sourcing, procurement, or supply chain roles**, with at least **2 years in a leadership or supervisory position.**
- Industry-specific experience is a plus.
- Proficient in Microsoft Office and ERP/procurement systems (e.g., SAP).
- Strong negotiation, analytical, and communication skills.
- Highly organized, adaptable, and capable of managing multiple priorities in a fast-paced environment.

**Additional Information**:
**Relocation Assistance Provided**:No

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