Sourcing Executive

Responsibilities

• Plan, source and identify new suppliers/vendors.
• Apply strategic sourcing practices and manage supplier negotiations to ensure that full benefits are realized.
• Conduct supplier audits / visits, certification and performance reviews to develop and continuously improve supply base.
• Develop and maintain good supplier relationship.
• Achieve targeted results, importantly cost savings.
• Regularly perform analysis on cost and process metrics to recommend improvements for the sourcing function and optimum inventory levels and to achieve cost savings.
• Make sourcing decisions based on overall cost and benefit including price, duty, freight, flexibility, service, performance, quality, and terms & conditions.
• To monitor and ensure timely delivery of purchases from suppliers or vendors.
• To ensure all items or parts in the RFQ are sourced.
• Initiate and implement sourcing strategies tha...