Procurement Specialist
Strategic Sourcing & Category Management-Cooperate with stakeholders and suppliers to develop opportunities on alternative/new products and deliver cost saving target.- Work with end-users to understand business requirements and constantly look for opportunities to rationalize parts across the business- Document category historic spend and the total cost of ownership (TCO) for key category products and services to identify savings opportunities within assigned Sourcing category.- Responsible for negotiation of best possible cost service guarantee and develop "win-win" strategies that achieve sustainable relationships with suppliers.- Develop Service Level Agreements with contracted suppliers to promote an environment of continuous improvement and innovation.- Formulate effective sourcing strategies that accomplish performance and savings goals, anticipate potential threats or opportunities, and are consistent with department goals and policies.- Forecast and manage all the sourcing risks, especially risks when inducing new suppliers- Analyze external market and qualify potential suppliers to ensure the supply to operations.Contract Management- Facilitate contract execution with key category suppliers to ensure that required terms and conditions are included and that contract termination dates are tracked and managed.Supplier Management- Monitor the supply base and lead the team to continuously look for opportunities to rationalize the number of suppliers.- Develop a supplier management program with key suppliers including metrics, performance goals and improvement initiatives.- Cooperate with Transactional team for proposed list for supplier evaluation.- Review the results and propose action with low performance suppliers. Prepare back-up supplier within 03 months after evaluation result.- Segment the suppliers into different groups based on their characteristics and identify strategies to manage relationship with those suppliers accordingly.