Responsible to execute day to day sourcing activity with the goal to meet or exceed the expectations of the organization, sourcing at best overall value considering price, quality, and delivery.
- Oversee all Program Purchasing activities and execute decisions in line with customer demands and commodity strategies.
- Manage the Suppliers within the assigned programs throughout program life (Request for Quotes RFQ, change management, contract negotiations, payment queries, dispute resolutions etc.).
- Perform cost analysis on goods purchased through competitive bidding, and / or cost breakdown analysis.
- Purchase goods, materials, and services that meet or exceed the cost, quality, and delivery targets.
- Utilize strategic sourcing practices to select best value suppliers, and execute sourcing as specified by internal processes.
- Prepare purchase orders in line with final negotiations with selected suppliers and in line with program targets and requirements.
- Communicate and work to mitigate any supply problems which may impact our business operations.
- Guarantee compliance with internal systems such as YF IOS, PMP, etc. to meet audit requirements.
- Support of Make or Buy decisions.
- Support Materials Best Practice Activities (incl. VA / VE and Kaizen).
- Actively seek and implement opportunities for cost reductions, quality improvements, and speed of delivery with suppliers for the overall benefit of the company and our customers.
- Lead discussions with suppliers on changes to product, processes or cost that will affect the agreement or relationship.
- Identify risks in the supply chain, and drive solutions to mitigate risks.
- Act as the interface between suppliers and other departments at Yanfeng.
- Ensure the suppliers compliance with the PO and agreement terms and conditions.
- Travel to suppliers and internal plants up to 25% of the time.
- Support to train and develop Buyers
Education Requirements :
Bachelor's Level Degree
Area of Study : Supply Chain Management or similar.
Equivalent work experience may also be considered for certain positions.Required Qualifications :
3-5 Minimum Years of Experience within the industry, automotive or commodity related, purchasing experience, operational and strategic industry.