Sourcing Manager

1. PURCHASING POLICIES AND PROCEDURES
Formulate long-term sustainable Purchasing policies and programs
• Coordinate with Global and Local Purchasing organizations on policies and procedures pertaining to Purchasing
• Ensure compliance to policies and procedures and actively educate customers on such policies and procedures governing purchases
• Revise existing policies and procedures to offer better service and options to customers
2. NEW PRODUCT SOURCING
• Identify and develop sources for new raw materials who has sufficient capacity and shall comply with our Quality expectations and requirements.
• Develops and establishes primary specifications and criteria with IE and Quality for the sourcing of new materials to support new product introduction.
• Negotiates specifications with potential vendors
• Ensures new materials will consistently meet specifications and special requirements as required by Quality and IE
3. COST EFFICIENCY
• Sources and procures raw and / or packaging materials by effectively negotiating with vendors on quality, price, terms of payments , timing and manner of shipment to guarantee the most advantageous purchases for the manufacturing sites.
• Plans thoroughly sourcing of raw materials to secure uninterrupted supply at the best possible cost while supporting Inventory Control.
• Establish competitive pricing via the sourcing process and maintain through agreements.
• Develop/maintain competition for raw materials.
• Monitor, analyze and report purchase price variance and impact against financial commitments
• Prepare robust contract terms and conditions. Communicate, plan and manage implementation of contract with Purchasing
4. PRODUCTIVITY
• Identifies , recommends, implements and monitors cost reduction opportunities through continuous development and recommendation of alternate or substitute use for raw materials or vendors in conformity with company standards.
• Evaluates regularly current practices and standards and introduces innovative ideas on sourcing strategies : alternative source, alternative method of purchase, e.g. FOB vs CIF; alternative logistics charging procedures; alternative mode of packaging.
• Lobbies duty rate reduction and timely applies for duty drawback from government agencies
5. MATERIAL SUPPLY MANAGEMENT & ASSURANCE.
Ensures availability of raw materials critical for the continuous operation of the manufacturing facility by :
• Coordinating with Purchasing Dept. prompt and proper implementation of purchase plans and contracts.
• Strategically planning the sourcing by monitoring regularly and effectively assessing the local / global supply / demand and price trends of commodity , raw & / or packaging materials, local or foreign sourced.
• Recommend and implement short-term commodity procurement activities to benefit from any opportunity that may arise in the local or global market in context of the company's operation necessity.
• Identify opportunities to develop new and existing sources, vendors, materials and other approaches to continuously stabilize the company's supply base.
• Develop and execute supply risk management plans.
6. QUALITY AND VENDOR RELIABILITY
• Ensures vendor's capability and reliability to deliver quality materials via proper evaluation of plant capacity. Develops new supplier and provides assistance to vendor where a potentially competitive vendor may need such assistance in terms of improvement in technology, processes, and process control and overall quality management system.
• Evaluates and monitors Vendor overall performance to guarantee consistency in quality and timeliness of deliveries. Where necessary, recommends, initiates and ensures action plans are carried out to correct failures in performance.
7. PURCHASING RESEARCH
• Regularly monitors, reviews and studies internal and external situations , market supply, demand conditions, local / global events, tariff rulings and technology updates / improvements that may likely to affect cost and cost parameters of raw and packaging materials.
• Ensures timely communication of position and risk and recommendation.
• Develop and recommends the price forecast for business / financial planning purpose.
• Regularly obtains and maintains information, e.g. via internet, foreign periodicals or market reports, etc. to enable better assessment of price and supply forecasts.
• Analyzes and reports internal spend data.