Supply Chain Lead Role

Job Description

Key Responsibilities: Supplier Sourcing & Relationship Management: o Identify, evaluate, and establish relationships with reliable suppliers and vendors. o Negotiate contracts, pricing, terms, and conditions to optimize cost-efficiency. o Conduct regular supplier performance assessments and address any quality or delivery issues. Procurement Planning: o Collaborate with Marketing, PMG, PTDC (Design) teams to forecast material requirements. o Develop and execute procurement strategies to ensure a continuous supply of components and materials. o Maintain an optimal inventory level by overseeing stock control and replenishment systems. Cost Management & Budgeting: o Implement cost-saving initiatives through strategic sourcing and vendor negotiations. o Monitor market trends and pricing fluctuations of electronic components. o Prepare and manage procurement budgets, ensuring alignment with company financial goals. Compliance & Risk Management: o Ensure purchased components meet required specifications and industry standards. o Manage risk related to supply chain disruptions by developing contingency plans. o Ensure adherence to company policies, industry regulations, and environmental standards in the procurement process. Vendor Development & Collaboration: o Work closely with vendors to improve product quality and delivery efficiency. o Facilitate product development with suppliers in line with new product launches and innovations. o Foster strong working relationships with key suppliers to support long-term partnerships. Logistics Coordination: o Collaborate with logistics teams to ensure timely delivery of goods. o Oversee the import/export process when dealing with international suppliers. o Manage freight, transportation, and warehousing requirements for the electronics supply chain. Reporting & Analytics: o Maintain accurate records of all procurement transactions, contracts, and supplier information. o Generate procurement reports and analyze data to make informed purchasing decisions. o Monitor and report on key performance indicators (KPIs) related to procurement efficiency, cost savings, and supplier performance.