Manager - Purchase

Key Skills:

Roles and Responsibilities:

• Responsible for planning and procuring direct and indirect materials from internal and external vendors, ensuring alignment with organizational goals related to delivery, price, and quality.
• Identify and evaluate potential suppliers based on quality, pricing, reliability, and feasibility criteria.
• Develop and implement purchasing strategies focused on reducing costs, lead time, and inventory levels while supporting business objectives.
• Identify suitable vendors for new product development, assess their capabilities, and negotiate favorable terms.
• Drive total cost optimization across the entire supply chain while maintaining high performance standards.
• Ensure timely fulfillment of customer requirements by coordinating effectively with suppliers to improve on-time delivery and responsiveness.
• Work closely with the Customer Service team to manage order execution, delivery commitments, cancellations, and returns.
• Oversee the procurement of components from domestic suppliers, international vendors, and intercompany entities in accordance with the purchasing strategy.
• Liaise between vendors and the Finance team to resolve payment issues and ensure timely settlements, preventing supply interruptions.
• Conduct regular business reviews and performance assessments with suppliers, focusing on improving KPIs such as on-time delivery, inventory turnover, excess and slow-moving stock, and cost savings.
• Maintain and update purchasing master data in SAP, including cost records, safety stock, forecasts, MOQs, and lead times, ensuring data integrity and process efficiency.
• Coordinate with the Logistics team to ensure timely and damage-free deliveries of purchased materials.
• Promote the Principle-Based Management (PBM) culture and uphold the Molex brand values in long-term operations.

Experience Requirements:

• 8-16 years of progressive experience in Procurement and Supply Chain Management, preferably within manufacturing or engineering-driven industries.
• Proven ability to develop and execute cost-saving procurement strategies across complex supply chains.
• Experience managing procurement for both domestic and international suppliers, with a strong understanding of global sourcing practices.
• Hands-on experience working with SAP (MM and SD modules), including maintaining procurement master data and generating reports.
• Demonstrated track record in improving supplier performance through effective reviews, KPI tracking, and issue resolution.
• Experience coordinating with internal cross-functional teams including Finance, Engineering, Customer Service, Planning, and Logistics.
• Ability to resolve procurement and payment issues in collaboration with finance and vendors, ensuring continuity of supply.
• Strong negotiation skills with experience in cost reduction, contract management, and supplier development.
• Practical exposure to MRP systems and SAP integration in procurement workflows.

Education: