Assistant Manager, Strategic Sourcing
4 weeks ago
Responsibilities:
Category Management / Strategic Sourcing
Category strategy development: Developing and implementing strategic plans for various categories, aligning it with the NTU's overall goals and objectives. This involves analyzing market trends, identifying opportunities for growth, and setting performance targets.
Supplier relationship management: Build strong and collaborative partnerships with suppliers to optimize value, reduce risks, and drive mutual success. This includes selecting and onboarding suppliers, negotiating contracts, managing performance, and fostering collaboration and innovation.
Conduct market research and analysis to understand the dynamics of various categories, including pricing trends, supplier capabilities, emerging technologies, and competitive landscape. This information helps inform decision-making and identify opportunities for improvement.
Collaborating with various internal stakeholders to ensure alignment and integration of category strategies with broader organizational objectives. This includes analysis of spending, regular communication, coordination, and joint decision-making in development of overall sourcing strategy/category management plan.
Performance measurement and optimization: Developing and monitoring key performance indicators (KPIs) to assess the performance of various categories. This involves tracking metrics such as customer satisfaction, and supplier performance. Leveraging on the details to identifies areas for improvement and takes actions to optimize category performance.
Continuous improvement and innovation. This includes seeking new ways to enhance product/service offerings, exploring alternative sourcing strategies, and staying updated on industry trends and best practices.
Identify and mitigate risks across the entire procurement process.
Execute procurement tender process including development and spearhead of tender roadmap to meet NTU deliverables.
Requirements:
Minimum Diploma / Degree Equivalent Qualification; or Equivalent professional procurement experience with 5 to 8 years of relevant experience
Proficient in using Microsoft Office Suite of products to perform analytical tasks and quantitative modelling, to present and support recommendations
Functional Competencies Experience and sound knowledge in P2P process
Good to have:
Preference knowledge of financial systems, e.g., SAP and Ariba
Demonstrate project and time management skills and ability to deliver exceptional customer service
Organized, meticulous with excellent interpersonal and communication skills
Ability to work well with multiple competing priorities, manage projects and meet deadlines
A good team player and able to work independently with minimum supervision
Proactive in pursuit of learning and are willing to put in the time and effort required to gain new skills and knowledge
Hiring Institution: NTU-
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