Buyer
3200 - 4200 SGDFull-time
Fu Yu Corporation Limited
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.
Vacancy posted 2 days ago
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