SOURCING SPECIALIST - SMP Contract
Bachelor’s degree in Engineering, Business Administration, Management or any related fields.
Must have excellent working knowledge of SAP Procurement module, procurement processes and procedures
Implement Client’s material and services sourcing plans and support procurement and contracting activities through sourcing vendors, facilitating bidding processes, minimizing risks and maximizing value in terms of quality, delivery and cost.
Develop and implement Client’s material and services sourcing strategies (e.g. spot buying, forward agreements), policies and procedures in conjunction with all concerned personnel.
Initiate purchase orders and / or long purchase agreements for the supply for materials and services; type of purchase agreements include warehousing agreements with local suppliers, direct delivery agreements, low value agreements, vendor managed inventory.
Review market conditions and material costs to recommend suitable future sourcing plans.
Maintain a balance between long-term contracts and short-term agreements to facilitate any strategic change while minimizing procurement costs.
Coordinate with Client’s organizations and personnel to identify and analyse their materials and services procurement requirements and technical specifications.
Coordinate interactions between the function/department/division and the supplier to resolve changes in specifications, pricing or other technical issues.
Participate in the development of specifications for equipment, products or substitute materials to manage any supply scarcity.
Maintain and develop effective relationships with vendors both domestically and internationally.
Collect information and records with regards to the vendors’ credits status, financial performance and any other information to monitor and evaluate their capacity to meet Client’s material and service needs.
Monitor the performance of suppliers and their fulfilment of contract terms through the use of Key Performance Indicators (KPI), and take corrective measures if necessary.
Coach new employees by sharing relevant procurement experience and preparing them to handle more complex and important contracts
Stay up-to-date with any major developments in the market of the assigned commodity (knowledge of major suppliers, total capacity, demand trends, etc.)
Perform any job-related activities as requested by the immediate supervisor/manager.