Economics-Jobs in Singapur

Roles and Responsibilities:

Strategic Sourcing & Category Management

• Develop and implement comprehensive procurement strategies for all indirect materials, components, and services. These include primarily Marketing activities (Media buying, PR, display rack), General Affairs, etc.
• Conduct market research and spend analysis to identify new sourcing opportunities, mitigate risks, and ensure competitive advantage.

Supplier Relationship Management (SRM)

• Analyze and evaluate vendor for accreditation and supplier management
• Source out potential vendors in Singapore
• Negotiate prices of quotation and proposals to achieve cost savings
• Cultivate and maintain strong, long-term relationships with strategic suppliers, fostering collaboration, performance improvement, and joint innovation.
• Conduct regular supplier performance reviews (QBRs), monitoring KPIs such as quality, delivery, cost, and responsiveness.
• Develop and implement supplier development programs to enhance capabilities and ensure supply chain resilience.

Negotiation & Contract Management

• Lead complex commercial and contractual negotiations with suppliers to achieve optimal pricing, favorable terms, and service level agreements (SLAs).
• Manage the full contract lifecycle, from drafting and review to execution and renewal, ensuring compliance with legal and company policies.

Cost Optimization & Value Creation

• Drive aggressive cost reduction initiatives through strategic sourcing, value engineering, supplier rationalization, and continuous process improvement.
• Implement total cost of ownership (TCO) models to evaluate procurement decisions beyond unit price.
• Monitor market trends for electronic components and raw materials to anticipate price fluctuations and implement hedging strategies where appropriate.

Compliance & Sustainability

• Ensure all procurement activities adhere to internal policies, industry regulations, and ethical sourcing standards.
• Provide necessary training of the internal procurement system to stakeholders
• Drive initiatives related to sustainable procurement, including supplier diversity and environmental considerations.

Contingency Function

• Oversees reconciliation of procurement-related documents due for payment processing
• Evaluate supplier's site for accreditation
• Ad hoc reporting, analysis, and other tasks as requested

Qualifications and skills requirements:

• Bachelor’s degree in Business Administration or Economics.
• Minimum of 5 years of progressive experience in procurement or supply chain management.
• Candidates with experience in the consumer electronics industry and internal procurement system management are highly preferred.
• Proven track record of successful strategic sourcing, complex contract negotiation, and significant cost savings achievements.
• Strong analytical skills, with the ability to interpret market data, conduct financial analysis, and make data-driven decisions.
• Excellent communication, interpersonal, and presentation skills, with the ability to influence and build relationships at all levels internally and externally.
• Proficiency in procurement software and advanced Microsoft Excel skills.
• Ability to thrive in a fast-paced, dynamic, and rapidly evolving environment.
• A creative mindset with relentless curiosity.