Director - Procurement & Planning

1 week ago

Singapore Q.B. FOOD TRADING PTE. LTD. Full time

**Key Responsibilities**:
**Strategic Planning**:

- Develop and implement procurement and planning strategies aligned with company objectives.
- Create and manage annual procurement plans and budgets.
- Conduct market research and analysis to identify opportunities for cost savings and process improvement.

**Procurement Management**:

- Oversee procurement processes, ensuring compliance with internal policies and external regulations.
- Negotiate contracts and agreements with suppliers to secure optimal terms and conditions.
- Evaluate and select suppliers based on cost, quality, reliability, and service performance.
- Monitor supplier performance and address issues related to quality, delivery, and service.

**Planning & Forecasting**:

- Lead the development and execution of robust demand planning processes in close collaboration with the Sales, Marketing, and Operations teams.
- Analyze historical sales data, market trends, promotional calendars, and customer insights to create accurate demand forecasts.
- Translate demand forecasts into supply and inventory plans to ensure product availability while minimizing excess stock and obsolescence.
- Facilitate regular Sales & Operations Planning (S&OP) meetings to align forecast assumptions, resolve supply-demand imbalances, and drive cross-functional accountability.
- Continuously refine forecasting models and planning tools to improve accuracy and responsiveness to changing market conditions.
- Ensure planning processes support timely procurement, production scheduling, and inventory optimization.

**Team Leadership**:

- Lead, mentor, and develop the procurement and planning team for high performance and growth.
- Set clear goals and KPIs, provide regular feedback, and conduct performance evaluations.

**Compliance & Risk Management**:

- Ensure procurement practices adhere to legal, ethical, and corporate standards.
- Identify supply chain risks and develop mitigation strategies.

**Reporting & Analysis**:

- Prepare and present regular reports on procurement activities, budgets, and planning performance to senior management.
- Analyze data to identify trends, optimize processes, and support decision-making.

**Continuous Improvement**:

- Drive best practices and continuous improvement initiatives in procurement and planning.
- Stay up to date on industry trends, technologies, and regulatory developments.

**Requirements**:

- Bachelor’s degree in Business, Supply Chain Management, Procurement, or a related field.
- Minimum 8 years of relevant experience in procurement, supply chain, or purchasing, preferably in the FMCG food industry.
- Proven ability to lead and develop high-performing teams.
- Strong contract negotiation and supplier management skills.
- Analytical mindset with the ability to interpret data and drive decision-making.
- Excellent communication and interpersonal skills for collaboration with internal teams and external partners.
- Sound knowledge of procurement processes, policies, and regulatory compliance.

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