SUMMARY:
Responsible for ensuring that materials supply equals demand, optimizing overall cost of Purchasing, supporting the business development effort with current and potential customers, and development / implementation of purchasing strategies.
RESPONSIBILITIES:
FUNCTIONAL MANAGEMENT
Define, develop, and implement a Materials strategy, which contributes to the campus strategic directions.
Implement procurement best practices, process improvements, and technology solutions to enhance efficiency, accuracy, and transparency in the purchasing process.
Develop an understanding of the business strategy as it pertains to Materials.
Provide regular updates to department head on the execution of the strategy.
Know and understand the campus strategic directions.
Monitor market trends, supply chain disruptions, and industry developments to anticipate risks and opportunities, proactively adjusting procurement strategies as needed.
COST MANAGEMENT
Identify creative ways to reduce cost by streamlining processes and systems (i.e. modification of responsibilities or consolidation of tasks, elimination of non-value-added processes, or complete re-engineering of processes and systems).
Utilize tools to monitor departmental cost and cost trends, striving continuously to improve value.
Provide feedback to department head and relevant subordinate on cost and cost trends.
FORECAST DEVELOPMENT AND ACCURACY
Prepare timely forecasts for the department.
Compare forward forecast results to historical actual results for trend assessment and analysis.
TECHNICAL MANAGEMENT
Ensure Operation’s execution to company’s Supply Chain strategies.
Support the development of company’s Supply Chain strategies and systems.
Indoctrinate the importance of having materials supply equal demand.
Ensure that Materials Planners participate in determining MPS loading to create a realistic commitment that best supports customer needs.
Maintain a disciplined process to ensure materials availability to support production activities per the Master Production Schedule (MPS) without creating materials liability for SMARTT.
Disconnects between materials supply and requirements such as shortages, non-conformance, high stocks, and excess/obsolete materials are continuously monitored and eliminated.
Drive down overall cost of materials including component pricing, freight expenses, administration expenses, materials liability, and high stock.
Ensure that MPV is optimized.
Component purchase price should be projected to accurately reflect the inventory value for the financial period in Standard Costing process.
Ensure that quoted cost to the customer is competitive yet maximizes the amount of favourable Materials Price Variance (MPV).
Ensure all purchase orders are placed with pricing and terms & conditions that are negotiated and agreed to by Commodity Managers and Buyers
Ensure that Operation’s supply base contributes to success of the operation and that suppliers are selected based on overall cost effectiveness and their ability to meet company’s requirements.
Monitor, track, and provide feedback on suppliers’ performance on overall cost, delivery, and quality.
Adhere to all safety and health rules and regulations associated with this position and as directed by supervisor.
Comply and follow all procedures within the company security policy.
Communication & Relationships Management
Develop and maintain strong relationships with key suppliers, fostering collaboration, innovation, and continuous improvement initiatives.
Collaborate closely with internal stakeholders, including engineering, operations, quality assurance, and finance teams, to understand procurement needs, specifications, and timelines for production schedules.
Perform other duties and responsibilities as assigned.
REQUIREMENTS
Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or related field. Advanced degree or certification (e.g., CSCP, CPSM) is a plus.
Min 6 years of of experience in procurement, purchasing, or supply chain management roles within the semiconductor or high-tech manufacturing industry.
Strong negotiation skills and the ability to build effective relationships with suppliers.
Excellent analytical skills with proficiency in data analysis and cost modelling.
Solid understanding of semiconductor manufacturing processes and materials.
Proficiency in procurement software / systems.
Excellent communication and leadership skills, with the ability to lead cross-functional teams and drive results in a dynamic environment.
Strong understanding of semiconductor manufacturing processes, materials, components, and market dynamics.
Proven track record of successfully managing procurement activities, negotiating contracts, and driving cost savings in a fast-paced and dynamic environment.
Excellent negotiation, communication, and interpersonal skills, with the ability to build and maintain effective relationships with internal and external stakeholders.
Experience with procurement systems, ERP software, and data analytics tools. Knowledge of SAP is preferred.
Familiarity with regulatory requirements, import/export regulations, and customs procedures relevant to semiconductor manufacturing in Singapore.
