Asia Strategic Procurement Manager

Duties/Responsibilities:

• Secure multiple sources for each key raw material to eliminate single-source dependencies.
• Develop sourcing and buy strategy for raw material and purchased ingredients in collaboration with Global Supply Manager and contract manufacturing management.
• Monitor, review and analyze bids and quotes with suppliers, including the negotiation of service agreements and contracts.
• Develop and execute contracts associated with Inolex’s warehousing, logistics, and shipping partners. Ensure adherence to contracts.
• Maintain knowledge of the market, in addition to current prices and fair rates for goods.
• Manage supplier relationships and identify partnership potential aligned with Inolex’s values.
• Lead responsible sourcing initiative from the supply chain vantage point.
• Manage spending on Inolex’s purchased raw materials and finished good ingredients to optimize economics and ensure compliance with Inolex standards.
• Maintain company budget and streamline costs.
• Develop purchasing policies and procedures that support efficient, ethical, economical, and productive procurement of goods for supply chain production and operations.
• Set purchasing policies and purchase order approval guidelines; develop materials budgets and continually assess stock requirements.
• Place and monitor purchase orders as needed.
• Review invoices for accuracy and work with suppliers to resolve any discrepancies.
• Work with the supply chain team to improve the company’s on-time and in-full (OTIF) performance.
• Develop and improve supplier Key Performance Indicators (KPIs) and supplier scorecards.
• Strengthen business partnerships through quarterly meetings with key suppliers to review supplier scorecards, provide performance feedback, and discuss Inolex volume forecasts.
• Work with cross functional teams and individuals to improve ERP system utilization and procurement efficiency.
• Facilitate communication between Korean speaking business partners and non-Korean speaking colleagues within Inolex.
• Other job duties as assigned by management.

Required Skills/Abilities:

• Excellent written and verbal communication skills.

• Excellent organizational skills and strong attention to detail.

• Excellent analytical skills.

• Fluency in both Korean and English.

• Clear and effective written and verbal communication skills in both Korean and English.

• Proficient with Microsoft Office Suite or related software.

• Efficient time management skills.

• Ability to read and understand manuals and maintain proper records.

• Ability to collaborate with others and work independently.

• Flexibility and adaptability in responding to changing business priorities, evolving responsibilities, and shifting operational needs.

• Ability to troubleshoot and solve problems.

Education and Experience:

• Bachelor’s degree in chemistry, chemical engineering, supply chain management, operations, or a similar field preferred.

• Minimum of 10 years of experience in chemical procurement, supply chain management or a related field.

• In depth understanding of the global chemical supply chain.

• Demonstrated understanding of procurement’s impact on company financial performance, including material costs, working capital, inventory, cash flow, margins, and profitability

• Proficient computer, Microsoft Office suite of products and ERP skills required. MS Dynamics and Excel strongly preferred.

Physical Requirements:

• Located in an office with potential time spent in the chemical and shipping warehouse(s). Must wear designated safety gear and PPE when appropriate.

• Walking between departments, using stairs and climbing ladders.

• Prolonged periods of sitting at a desk and working on a computer.