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Strategic Sourcing Manager

2 months ago

Kuala Lumpur, Kuala Lumpur, Malaysia Valuable Recruitment Full time
About Us

Vyrian is a leading electronic components distributor, specializing in the distribution, sale, and marketing of semiconductors, interconnects, electromechanical, and computer/IT hardware components. With a vast online catalog featuring over 20,000,000 unique electronic parts and 600+ manufacturers, engineers and purchasers rely on Vyrian for their new product sourcing needs.

Job Description

A Strategic Sourcing Manager at Vyrian will lead the development and execution of sourcing strategies to achieve cost savings, ensure supply chain efficiency, and maintain high-quality standards. This role involves identifying and building relationships with key suppliers, negotiating contracts, and managing supplier performance.

Key Responsibilities
  • Sourcing and developing supply bases, managing Bills of Materials
  • Negotiating contracts with suppliers
  • Evaluating supplier performance and ensuring timely deliveries
  • Maintaining strong relationships and coordinating vendor activities
Required Qualifications
  • Strong experience in sourcing commodities: semiconductors (active and passive), interconnects, electromechanicals, and computer components
  • Proven ability to source materials from regions including the USA, Europe, and Asia, focusing on strategic line items and ensuring compliance with company policies and procedures
  • Ability to develop an off-shore supply base by identifying, evaluating, and selecting second-source suppliers
  • Ability to assess and optimize inventory levels, reducing holding costs and preventing obsolescence
  • Experience in leveraging a worldwide network of buyers and sellers to maximize ROI for surplus inventory and efficiently manage excess stock
  • Skilled in identifying and mitigating risks associated with excess inventory, ensuring financial stability and minimizing potential losses
  • Experience handling Bills of Materials (BOM) from various industries, including Telecom, Consumer Electronics, Medical, Automotive, and Military, with a focus on cost reduction initiatives with OEMs, EMS, CEMs, and suppliers
  • Exceptional negotiation skills for managing supplier contracts, evaluating performance, developing improvement plans, and maintaining strong supplier relationships to ensure efficient material flow and risk mitigation
  • Proficiency in liaising with manufacturers and franchise distributors to ensure timely shipments, avoid delays, and continually negotiate for cost benefits, while establishing new suppliers and understanding their capabilities
  • Competence in directing and coordinating activities, forecasting, and performance of all vendors