•Setting the sourcing policy and ensuring standard operating procedures are implemented across all buying functions
–Coordinate fact finding efforts, vendor identification for new requirements and in-line changes
–Perform negotiations for major contracts in conjunction with the Quality and NPD teams
–Liaising with vendors/ manufacturers to ensure competitive pricing
•Establishing vendor selection and rating criteria to track performance
•Minimizing supply risk for critical components and 3P manufacturing
–3P manufacturing: Vendor diversification and minimizing dependence on any vendor
–Raw material sourcing: Ensure forward looking commodity contracts, diversified supplier base
•Operational sourcing and vendor management
–Ensure all required goods and services are available at the right time, place and cost (e.g. purchasing demand forecasting, tenders/ RfQs, supplier negotiation and selection, demand scheduling, verification of local needs, receipt of products and inventory monitoring)
–Deliver yearly purchasing efficiency gains
–Ensure identification and sharing of best practices and insights
–Ensure supplier quality by overseeing on-ground FTE and evaluating supplier reports
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