Buyer

Fu Yu Corporation Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Fu Yu Corporation Ltd. is seeking an experienced procurement professional in Singapore to lead strategic sourcing, supplier management, and inventory control for resins and packaging supplies.

You will drive cost savings, should-cost modelling, and risk management while coordinating with planning, quality, and store teams. Responsibilities include PPAP/PSW alignment, audits, and KPI reporting, with a strong emphasis on data-driven decision making and ERP system adoption.

Qualifications

• 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.
• Preferably Singaporean/Permanent Resident candidates.

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, ensure 100% PO accuracy and >98% supplier OTD; lead supplier audits for compliance and improvement.
• Inventory Control: Own DOH, Inventory value, turnover for resins & accessories; optimize safety stock; monitor aging stock.
• Cross-Functional Coordination: Align with Planning, Store and Quality; support NPI trials, ECN, cost-down validation.
• Monthly Purchasing KPIs and Reports: Coordinate and consolidate KPIs; drive continuous improvement.
• Digital Purchasing: Drive adoption of SAP/New ERP system for RFQ and PowerBI dashboards for spend, savings, OTD, Inventory and aging.

Skills

Resin chemistry

Packaging & BOM structures

Should-cost modelling

TCO analysis

Negotiation

Contract management

Excel

SAP

Presentation skills

Data-driven

Education

Diploma or equivalent

Tools

PowerBI

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.
• Preferably Singaporean/Permanent Resident candidates.