Senior Buyer

Core Responsibilities:

• To work on the dynamics of Material Resource Planning (MRP) impact to purchases and planned purchase actions on a weekly basis.
• To identify potential supply risks through regular engagement with key/ critical suppliers, develop and implement procurement strategies and plans in line with company goals and objectives.
• Initiate supply contract in line with company objectives focusing on favourable commercial terms to enhance profitability and to minimize inflation impact.
• Develop closed-loop feedback and implement actions on Supplier Performances for key/ critical suppliers.
• To source and procure materials in the most cost effective and time efficient manner to meet organisation needs.
• Ensure compliance of the company standards on purchasing policies and procedures.
• Plan and coordinate timely delivery of purchases to meet organisation on time delivery requirements.
• Maintain database for materials, vendors, prices & expenditures
• Responsible to drive and initiate continuous improvement activities in cost, lead time, commercial terms and supply performance without compromising the overall quality.
• Participate in material review and ensure material issues are elevated and resolved in a timely manner
• Participate actively in continuous improvement programs and take initiative to enhance material planning process
• Work closely with cross-functional teams including engineering, production, quality, and finance etc
• Drive actions and lead at least 2 key performance indicators to improve Supplier On-Time Delivery.
• To perform any other duties that may be assigned by the immediate supervisor from time to time.

Qualifications:

• At least 8 years of experience in materials procurement and vendor management in a fast pace manufacturing environment
• Sound understanding on the concept of demand and supply and related actions to be taken to impact bottom line and inventory.
• Self-initiated and the ability to prepare and present clearly on the necessary information for proposing an idea/ potential solution when a problem is encountered.
• General understanding of metal commodity price trends will be an advantage.
• Excellent negotiation skills.
• Ability to communicate effectively both internally and externally.
• High attention to details.
• Organised and ability to follow through from sourcing to delivery.
• Pro-active, results oriented and self-driven.
• Able to work independently and make sound decision based on data.
• Proficient in use of MS Office Applications (Word, Excel, Powerpoint).
• Possess experience of at least 5 years in using SAP/ Oracle or other ERP Systems and the application of material planning parameters and their impact.
• Understanding of machining processes and secondary (heat treatment, coating, welding, etc…) processes would be an advantage.

Education Requirements:

• Diploma or Bachelor's Degree in Supply Chain or equivalent.