About This Role
This role is for a Procurement Manager responsible for developing and implementing sourcing strategies, managing supplier relationships, and driving cost efficiency. The position involves minimizing supply chain risks, supporting localization initiatives, and ensuring compliance with audit requirements.
Responsibilities
- Develop and implement effective sourcing strategies aligned with business, quality, and cost objectives
- Manage supplier onboarding and supplier selection processes, including supplier qualification and evaluation
- Develop contingency sourcing strategies (Plan B) to minimize supply chain risks, especially for automotive-related operations
- Manage both overseas and local suppliers including supplier qualification, sourcing activities, and local resource development
- Support supplier transition and localization initiatives, including potential sourcing strategy shifts from Europe/Singapore to China
- Support IATF audit requirements and ensure procurement-related documentation compliance
- Utilize AI tools and digital solutions (e.g. Copilot) to improve sourcing efficiency, spare part management, and procurement operations
- Drive cost efficiency initiatives through CCO (Clean Cost Optimization) and Total Cost analysis
- Conduct market research and monitor commodity trends, including London Metal Exchange (LME), to support sourcing and pricing strategies
- Analyze and predict market price fluctuations and provide procurement insights to support business decisions
- Identify root causes of supplier or quality issues and collaborate closely with Supplier Quality teams to implement corrective and preventive actions
- Handle supplier claims, corrective action follow-up, and quality issue resolution processes with buyers and cross-functional stakeholders
- Follow up on market trends, maintain process flexibility, and support continuous improvement initiatives in procurement and supplier management
Requirements
- Bachelor’s or Master’s degree in Business Administration, Supply Chain Management, Industrial Management, or Engineering
- Strong knowledge in market research, commodity analysis, and pricing trend monitoring, including London Metal Exchange (LME)
- Strong knowledge in CCO (Clean Cost Optimization) and Total Cost analysis
- Experienced in strategic or operational procurement roles in any industries
- Experienced in sourcing and localization strategies for raw material and manufacturing-related suppliers
- Experienced in cost analysis, preferably using LME standards
- Familiar with 8D methodology and quality issue handling
- Understanding of IATF requirements and audit processes
- Strong problem-solving and root cause analysis skills
