- Responsible for the strategic sourcing, inventory management goals of the company and implement action items to ensure that goals are achieved
- Participate in establishing short-term and long-range planning and budget development of the company to support strategic business goals
- Develop a supplier management program with key suppliers including metrics, performance goals and improvement initiatives.
- Establishes purchasing policies and ensures compliance ISO requirements, assist in customers audit when needed
- Responsible for negotiations for best possible cost service guarantee and develop “win-win” strategies that achieve sustainable relationships with suppliers
- Set department KPI and lead team to develop forecasts for future demand and place orders accurately based on vendor lead-time.
- Come up with solution for Excess and Obsolescence inventory.
- Evaluate supplier core competencies and competitive positioning using industry cost models with cross-functional stakeholders from Quality, Manufacturing, Assembly/Planning & Customer Support and Logistics departments.
- Research and anticipate shifts in the negotiating power of suppliers or to switch supplier by conducting localization or to build up dual source strategy.
- Implement supplier agreements/contracts when beneficial by working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions
- Continuously improve productivity and efficiency of processes throughout the operational organization
- Manage and mentor Standard procurement and Manufacturing purchasing staffs, as well as work on their professional growth & development
- Any other tasks assigned
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