Buyer

Fu Yu Corp

Singapore

On-site

SGD 60,000 - 100,000

Full time

2 days ago
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Job summary

Fu Yu Corp in Singapore seeks a data‑driven purchasing professional to develop category strategies for resins and packaging, and to deliver year‑over‑year cost savings through negotiation, value analysis, and alternate sourcing. You will drive should‑cost models, qualify alternate suppliers with PPAP/PSW where needed, and lead supplier audits to ensure ISO and quality compliance.

Responsibilities include achieving high PO accuracy, preventing production stops, managing inventory, and

Qualifications

  • Diploma or equivalent in related field.
  • Strong knowledge of resin chemistry, packaging supplies & BOM structures.
  • Should-cost modelling, TCO analysis, negotiation and contract management.
  • Minimum 3 years in purchasing; manufacturing preferred.
  • Data-driven, strong in Excel/SAP and presentation skills.
  • Vocal and confident with suppliers and stakeholders.
  • Commitment to high professionalism, ethics and integrity.

Responsibilities

  • Strategic Sourcing & Cost Savings: Develop category strategy and deliver YoY cost savings via negotiation, value analysis/value engineering, long term agreement and alternate sourcing.
  • Supplier Management: PO & Supply Assurance to ensure high PO accuracy and on‑time delivery, lead supplier audits for compliance.
  • Inventory Control: Manage DOH, inventory value, turnover and safety stock optimization.
  • Cross-Functional Coordination: Align with Planning, Store and Quality; support NPI trials, ECN implementation, and cost‑down validation.
  • Monthly Purchasing KPIs and Reports: coordinate and consolidate KPIs and drive continuous improvement.
  • Digital Purchasing: Drive adoption of SAP/New ERP for RFQ, PowerBI dashboards for spend, savings, OTD, inventory and aging.

Skills

Should-cost modelling
TCO analysis
Negotiation
Contract management
Resin chemistry knowledge
Packaging supplies knowledge
BOM structures
Excel/SAP proficiency
Supplier management

Education

Diploma or equivalent in related field

Tools

SAP

Job description

Specific Duties and Responsibilities:
  • 1) Strategic Sourcing & Cost Savings
    • Develop category strategy and deliver YoY cost savings via negotiation, value analysis/value engineering, long term agreement and alternate sourcing.
    • Conduct market analysis for key monomers, resins & other accessories.
    • Drive should-cost models.
    • Lead negotiation: Price, LT, MOQ, Payment terms, rebate, VMI.
    • Qualify alternate suppliers and drive PPAP/PSW approval with SQE/Design.
  • 2) Supplier Management
    • PO & Supply Assurance: Ensure 100% PO accuracy and >98% supplier OTD.
    • Zero Production line stops due to purchasing.
    • Lead suppliers' audits with SQE for IATF/ISO-9001/13485 compliance, performance scorecards and continuous improvement plans.
    • Perform supplier risk assessment, dual-sourcing and business continuity plan.
  • 3) Inventory Control
    • Demand & Inventory Ownership: Own DOH, Inventory value, turnover for resins & other accessories.
    • Drive Safety Stock optimization with Planning to reduce excess/obsolescence.
    • Monitor Aging stock.
  • 4) Cross-Functional Coordination
    • Alignment with Planning, Store and Quality on supply, forecast and issues.
    • Support NPI trials, ECN implementation, and cost-down validation.
  • 5) Monthly Purchasing KPIs and Reports
    • Coordinate and consolidate Purchasing KPIs.
    • Continuous improvement initiatives.
  • 6) Digital Purchasing
    • Drive adoption of SAP/New ERP system for RFQ, PowerBI dashboards for spend, savings, OTD, Inventory and aging.
Job Specification:
  • Minimum diploma or equivalent related field.
  • Strong knowledge of resin chemistry, packaging supplies & BOM structures.
  • Knowledge on should-cost modelling, TCO analysis, negotiation and contract management.
  • At least 3 years in purchasing, preferably in manufacturing environment.
  • Data-driven, strong in Excel/SAP and presentation skills.
  • Vocal and confident with suppliers and stakeholders.
  • Commitment to maintaining a high standard of professionalism, ethics and integrity in all Job-related activities.
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