The posting
Job Description
Job Purpose
- Manage procurement activities and lead procurement team on the procurement process, company policy and procedures
- Collaborate with global purchasing and develop, implement procurement strategies align with global strategies
- Lead cost reduction
- Lead localization and develop local supply
- Lead negotiation and agreement with supplier under plant operational responsibilities
- Approval price/commercial terms and new supplier make a final negotiation the best commercial terms for company and align with company procedures
- Set up department KPI align with company business target to team member and quarterly review
- Collaborate with global purchasing for company yearly budgeting and components standard cost
- Monthly review KPI performance and action plan to archive KPI target
- Monitor and develop team performances, coaching and providing career development
- The role is directly related to those activities carried out by LST in Thailand and Lucy’s interactions with subsidiary companies around the world.
- The role is based in Thailand although it may entail travelling abroad to other Lucy sites as appropriate.
Job Dimensions
- The role is directly related to those activities carried out by LST in Thailand and Lucy’s interactions with subsidiary companies around the world.
- The role is based in Thailand although it may entail travelling abroad to other Lucy sites as appropriate.
- Undertake any reasonable hours necessary to carry out the role effectively.
Key Accountabilities
These will include:
- Develop new components (R&D support), optimal product costing for future contracts, achieve cost reduction through value engineering & budgeting
- Set up and drive improvement action plans throughout the department based on key budget factors
- Out-sourcing & re-sourcing of components required for all product at optimal costs
- Ensure cost competitiveness of purchased components to maintain pre-fixed standard costs & projected MPV
- Maintain / improve upon business relationship with suppliers
- Provide inputs to business goals and strategy development.
- Set up and drive improvement action plans throughout the department based on key budget factors
- Ensure procurement strategies are developed and aligned with world-wide sourcing strategies.
- Develop competence in usage of ERP system (AX) in the purchasing team
- Succession planning and team building
- Lead local supplier development workshops
- Supplier development to augment timely deliveries & quality of components supplied.
- Collaborate with global purchasing for supplier under Global Purchasing team
- Collaborate with LVA team and lead team for negotiate with local supplier to apply EEI
Secondary activities / tasks
- Achieving defined Key Performance indicators for the above functions as decided by the management.
- To be an active part of operational team to manage the above tasks on daily basis.
- Undertake any other duties and responsibilities as required / instructed in order to maintain and / or improve efficiency, quality and service.
- Support other projects external to Purchasing such a Business Development, Acquisition or knowledge transfer activities.
Responsibilities
Responsibilities: 1) Procurement: Achieve specific procurement goals within area of responsibility. May also involve working to improve established procurement procedures. 2) Contract Requirements: Identify contract requirements and write specifications for a small portfolio or area of the business for existing contracts and/or new contracts. 3) Contract Management: Deliver required outcomes by managing day-to-day relationships with contract service providers while working within an established contract management plan. 4) Category Management: Deliver specific category goals within a significant category plan/program in line with the organization's purchasing/procurement and/or sales strategy. Identify improvements to the plan/category program. 5) Sourcing: Collect and analyze the key cost drivers, market dynamics and issues, areas of innovation, and alternative suppliers for a medium-risk area with some alternatives and medium costs to change, in consultation with relevant functions to provide solid market information for decision-making. 6) Budgeting: Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization. 7) Information and Business Advice: Resolve queries from internal or external customers or suppliers by providing information on complex processes and the related policies, referring issues to others where necessary for interpretation of policy. 8) Data Collection and Analysis: Conduct research using primary data sources, and select information needed for the analysis of key themes and trends. 9) Operational Compliance: Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards. Or identify, within the team, patterns of noncompliance with the organization's policies and procedures and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate. 10) Stakeholder Engagement: Assist with stakeholder engagement by arranging actions, meetings, events, and supporting materials to promote stakeholder understanding and commitment.
Qualifications
Educational Requirements: Bachelor's Degree or Equivalent Level
General Experience Requirement: Experience enables job holder to deal with the majority of situations and to advise others (Over 3 years to 6 years)
Managerial Experience Requirement: Experience of general supervision of more junior colleagues (7 to 12 months)
