Senior Sourcing & Product Development Leader

FairPrice Group; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

FairPrice Group is seeking a proactive Sourcing & Product Development professional to manage the full lifecycle of new products, from concept through supplier negotiation, quality control and launch.

You will collaborate with Brand, R&D, Inventory, Marketing and Operations to ensure successful products, accurate forecasts, and compelling promotions while upholding compliance and performance standards.

Qualifications

• Degree in any discipline
• Strong collaboration and stakeholder management
• Resourceful problem-solver with results orientation
• Strong business acumen and data analytics skills

Responsibilities

• Oversee all stages of product development from sourcing and sampling to final production and launch.
• Identify potential new suppliers and manage supplier relationships.
• Prepare and execute sourcing tenders, analyze results, and negotiate terms.
• Negotiate and establish contracts focusing on volume, price, quality, and logistics.
• Engage in regular supplier negotiations and business reviews for continuous improvement.
• Collaborate with Brand, R&D, Inventory, Marketing and Operations for alignment and launches.
• Monitor inventory and align forecasts with trade plans.
• Manage promotion planning to drive product sales and penetration.

Skills

Sourcing

Product development

Negotiation

Stakeholder management

Data analytics

Education

Degree in any discipline

Job description

FairPrice Group is seeking a proactive Sourcing & Product Development professional to manage the full lifecycle of new products, from concept through supplier negotiation, quality control and launch.

You will collaborate with Brand, R&D, Inventory, Marketing and Operations to ensure successful products, accurate forecasts, and compelling promotions while upholding compliance and performance standards.