Staff Strategic Sourcing Manager

ILLUMINA SINGAPORE PTE. LTD.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A global biotechnology company in Singapore is seeking an experienced professional for strategic sourcing and supplier management. The ideal candidate will negotiate complex business terms, manage vendor relationships, and drive cost-saving initiatives. A Bachelor's degree and significant experience in the field are required.

Qualifications

• Minimum of 8 years of related experience with a Bachelor’s degree, or 6 years with a Master's, or a PhD with 3 years of experience.
• Understanding of technologies utilized in products, parts, and services.

Responsibilities

• Design and implement capital equipment and services strategic sourcing.
• Negotiate complex business terms with suppliers.
• Lead vendor management and cost savings for capital equipment.
• Lead internal teams to manage vendors and mitigate risks.

Skills

Negotiation skills

Strategic sourcing

Commodity management

Vendor management

Risk mitigation

Education

Bachelor's degree

Master's degree

PhD

Job description

Responsibilities

• Responsible for design, implementation and ongoing improvement of capital equipment and services strategic sourcing.
• Address all areas of commodity management including commodity business plans, global market and pricing analysis and procurement support.
• Responsible for negotiating and reaching agreement with suppliers on complex business terms and conditions. In particular, this will include negotiation, implementation, and ongoing management of supply agreements.
• Form teams from various internal departments for categories and sub-categories to manage vendors, control spend, and mitigate risk issues for Illumina.
• Acts as internal team leader and primary contact for negotiation with targeted key suppliers.

Listed responsibilities are an essential, but not exhaustive list, of the usual duties associated with the position. Changes to individual responsibilities may occur due to business needs.

Requirements

• Contribute to development of the company’s strategic commodity objectives and goals.
• Advise management on alternate global supply sources, raw material costs, commodity pricing trends and supply/demand situations that could impact the business.
• Acquire and maintain a clear understanding of the technologies utilized in Illumina’s products, parts and services.
• Forms teams with other departments (Procurement, Legal, Quality, Regulatory, and Development) to effectively address business and risk mitigation issues for inclusion into Illumina standard contract template.
• Negotiate business T & C’s relating to: forecast process, sourcing strategies, lead times, price reduction and other strategic issues with key suppliers.
• Manage list of critical suppliers for contract implementation and timelines for completion.
• Reports contract status to teams and management.
• Monitors the critical contract review, extension and termination terms and dates.
• Lead vendor management, category management, and cost savings for capital equipment
• Manage and implement periodic supply agreement changes and updates.

Perform other duties as assigned. All listed requirements are deemed as essential functions to this position; however, business conditions may require reasonable accommodations for additional task and responsibilities.

Experience/Education

Typically requires a minimum of 8 years of related experience with a Bachelor’s degree; or 6 years and a Master’s degree; or a PhD with 3 years’ experience; or equivalent experience