Mead Johnson Nutrition Asia Sourcing Specialist (On Contract) in Singapore Headquarters, Singapore
Asia Sourcing Specialist (On Contract)
RESPONSIBILITIES AND DUTIES
The Asia Sourcing Category Officer is responsible for identifying, developing and implementing
Purchasing strategies for MJ Asia region to ensure :
The category maintains its competitive position in the industry through cost efficient purchases
of raw and / or packaging materials or services i.e. third party manufacturing and brokerage company ;
and the effective and timely sourcing of raw and / or packaging materials or services critical to the continuous business operation of the company and in accordance with established policies and procedures.
PURCHASING POLICIES AND PROCEDURES
Formulate long-term sustainable Purchasing policies and programs
Coordinate with MJ Global and Local Purchasing organizations on policies and procedures pertaining
Ensure compliance to policies and procedures and actively educate customers on such policies and
procedures governing purchases
Revise existing policies and procedures to offer better service and options to customers
NEW PRODUCT SOURCING
Identify and develop sources for new ingredients who has sufficient capacity and shall comply with
our Quality expectations and requirements.
Develops and establishes primary specifications and criteria with R&D for the sourcing of new materials to support new product formulation
Negotiates specifications with potential vendors
Ensures new materials will consistently meet specifications and special requirements as required by
Quality and R&D
Sources and procures raw and / or packaging materials by effectively negotiating with vendors on quality, price, terms of payments , timing and manner of shipment to guarantee the most advantageous purchases for the MJ Asia markets.
Plans thoroughly sourcing of raw and / or packaging materials to secure uninterrupted supply at the best possible cost while supporting Inventory Control.
Establish competitive pricing of fair market value via the sourcing process and maintain through long
Develop/maintain competition for raw and packaging materials.
Monitor, analyze and report purchase price variance and impact against financial commitments
Prepare robust contract terms and conditions. Communicate, plan and manage implementation of
contract with Local purchasing
Identifies , recommends, implements and monitors cost reduction opportunities through continuous development and recommendation of alternate or substitute use for raw and packaging materials or vendors in conformity with company standards.
Evaluates regularly current practices and standards and introduces innovative ideas on sourcing strategies : alternative source, alternative method of purchase, e.g. FOB vs CIF ; alternative logistics charging procedures ; alternative mode of packaging.
Lobbies duty rate reduction and timely applies for duty drawback from government agencies
MATERIAL SUPPLY MANAGEMENT & ASSURANCE.
Ensures availability of raw & packaging materials critical for the continuous operation of the
manufacturing facility by :
Coordinating with Local purchasing prompt and proper implementation of purchase plans and
Strategically planning the sourcing by monitoring regularly and effectively assessing the local /
global supply / demand and price trends of commodity , raw & / or packaging materials, local or
Recommend and implement short-term commodity procurement activities to benefit from any
opportunity that may arise in the local or global market in context of the company’s
Identify opportunities to develop new and existing sources, vendors, materials and other
approaches to continuously stabilize the company’s supply base.
Develop and execute supply risk management plans.
QUALITY AND VENDOR RELIABILITY
Ensures vendor’s capability and reliability to deliver quality materials via proper evaluation of
plant capacity. Develops new supplier and provides assistance to vendor where a potentially
competitive vendor may need such assistance in terms of improvement in technology,
processes, and process control and overall quality management system.
Evaluates and monitors Vendor overall performance to guarantee consistency in quality and
timeliness of deliveries. Where necessary, recommends, initiates and ensures action plans are
carried out to correct failures in performance.
Regularly monitors, reviews and studies internal and external situations , market supply,
demand conditions, local / global events, tariff rulings and technology updates / improvements
that may likely to affect cost and cost parameters of raw and packaging materials.
Ensures timely communication of position and risk and recommendation.
Develops and recommends the price forecast for business / financial planning purpose.
Regularly obtains and maintains information, e.g. via internet, foreign periodicals or market
reports, etc. to enable better assessment of price and supply forecasts.
Analyzes and reports internal spend data.
Ensures Purchasing practices and activities are consistent with Purchasing SOPs, corporate
policies and programs and are in compliance with the highest ethical standards.
Develops and gains alignment on regional sourcing strategies.
Educational Attainment RequirementBachelor’s degree in Engineering, Business or related
Professional backgroundMust have a sound knowledge of good purchasing and
Awareness of major market trends in area of expertise
Understanding of cost structures and vendors' processes
Preferably has background on: Sourcing and.or Purchasing,
Cost analysis, Materials and Supply Management, Project
Knowledgeable in SAP transaction and reporting
Expected Areas of CompetenceMust possess excellent negotiation skills and above average
Knowledge on import/ export procedures and implications on international purchasing and supply logistics
Must possess good project management skills
Special ability to influence other people is a major advantage
Expediency and sense of urgency in work assignments
Has a uncompromising value for integrity and the highest level of ethical and professional conduct
Superior leadership skills
Can comprehend technical requirements
Superior oral and written communication skills
Highly proficient in computer software/ programs as a tool for analysis and presentation
Has ability to apply appropriate sourcing methodology
Dependable with a high degree of credibility and integrity
Can work long hours if necessary (especially when dealing with foreign vendors and global sourcing team in different time zones)
Has entreprenural mindset
Self-motivated with a winning attitude
Primary Location: Singapore-Singapore-Singapore Headquarters
Job Posting: 17-May-2017
Relocation Provided: No
Req ID: 04309