Manager, Sourcing
1 day ago
Sourcing Manager
Reports To: Director, Sourcing
Location: Ipoh, Malaysia
Travel Requirements: Up to 20%
Job Purpose: The Sourcing Manager is responsible for leading the development, implementation, and alignment of global strategies for key commodities and spend categories to achieve broad business objectives. Mentors, guides and directs sourcing team and commodity managers to fulfill their responsibilities as key business partners to deliver the best forward sourcing decisions while being mindful of continuity risks, total acquisition/landed costs, cycle time, on time delivery and product quality considerations.
Main Duties and Responsibilities:
- Develop strategic sourcing strategies and lead cross functional teams to achieve cost reduction goals
- Maintain and provide a current understanding of industry with the best practices and technological trends to team members and business partners.
- Evaluate supplier capabilities and establish sources for new technologies and in new markets as business requirements dictate.
- Develop commodity business plans in response to business needs and create commodity teams to span across MACOM business units to drive global leverage.
- Develop annual cost savings programs and implement business strategies that directly affects company financial results and growth plans
- Establish and standardize strategic sourcing procedures and business process improvements
- Provide timely execution of earlier supplier selection into the product development cycle
- Identify metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies, and work collaboratively with team members to prioritize and drive implementation.
Key Competencies required:
- Excellent relationship management skills
- Strategic focus with the ability to analyze, formulate, and implement procurement strategies to significantly reduce costs for a global business.
- Procurement experience at the leadership level; must have experience working with senior management
- Requires strong business and data analysis skills, plus excellent written and verbal communication
- Strong negotiation and contract management skills.
- Must be able to manage, motivate and energize suppliers and others
- Willingness to travel overseas on a regular basis
- Must be a leader of change and be able to gain consensus on how to drive process change to improve business results
- Must possess the ability to develop schedules to meet specific objectives, establish priorities
- Willingness to make decisions without hesitation and getting things done in a timely fashion with a sense of urgency
- Bachelor's degree required. Master's degree preferred
- Minimum 10 years experience on managing procurement function
- Must have global sourcing experience
- Strong computer literacy, particularly in MS Office and SAP.
- Proficiency in Power BI a plus
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