1. Developing Procurement Strategies:
- Create sound and cost-effective strategies for purchasing materials required by the business.
- Continuously evaluate spending operations to enhance product quality and delivery timeliness.
2. Supplier Relations and Scouting:
- Maintain relationships with existing suppliers while actively seeking additional vendors.
- Scout for new suppliers to ensure a diverse and reliable supply chain.
3. Risk Management and Cost Analysis:
- Conduct cost analyses and set benchmarks for improvement.
- Develop risk management procedures to mitigate losses in case of product shortages.
4. Team Supervision and Delegation:
- Supervise a purchasing team and delegate tasks across departments when necessary.
- Collaborate with the legal department to ensure favorable contract terms.
5. Efficient Flow of Goods and Services:
- Regularly communicate with management regarding the flow of goods and services affecting production.
- Monitor delivery times from warehouses or manufacturing plants to retail locations.
6. Strategic Initiatives and Supplier Selection:
- Drive strategic supplier initiatives, including selection, development, consolidation, and platforming.
- Educate and enforce sourcing and procurement processes using innovative business acumen.
- Bachelor’s degree in Business Administration, Foreign Trade University, Supply Chain Management, or a related field.
- Proven experience (typically 5+ years) in procurement, vendor management, and supply chain.
- Have more experience about sourcing services of marketing such as KOL, events marketing & OEM making.
- Strong negotiation skills and familiarity with contract terms.
- Analytical mindset for cost analysis and risk assessment.
- Excellent communication and leadership abilities.
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