Procurement Executive (OEM) Semincon - VTAL
Description
Our client is one of the leading players in the Contract Manufacturing sector. Due to business needs, they are now recruiting a Procurement Executive to be part of their Procurement team for ongoing transformation projects. They are located in the East (Company Transport Provided)
Responsibilities of Procurement Executive:
- Manage sourcing and procurement activities for OEM and hardware commodities.
- Lead cost reduction and value creation initiatives through supplier negotiations, alternative sourcing, localisation, Value Analysis and Value Engineering (VAVE), and supplier consolidation.
- Develop and expand the supplier network to support sourcing and procurement activities while building strategic partnerships with key suppliers.
- Identify product redesign and engineering-related cost optimisation opportunities.
- Work closely with Engineering, Operations, and Product teams to plan and execute sourcing and procurement strategies.
- Monitor global market trends and proactively implement risk mitigation and contingency plans for end-of-life (EOL) components and single-source parts.
- Collaborate with Engineering on design reviews, Engineering Change Notifications (ECNs), and component changes, providing solutions to technical and sourcing-related issues.
Requirements:
- Diploma in Supply Chain Management, Business Administration, or a related discipline.
Relevant experience in managing OEM and hardware commodities.
Minimum 2-3 years of relevant experience in sourcing and procurement.
Interested candidates who wish to apply for the advertised position, please click APPLY NOW or email an updated copy of your resume/cv.
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