Purchasing Manager - Singapore

Description:

Role Summary

The Purchasing Manager plays a critical role in the Sourcing and Procurement organization. This role will lead a team of buyers to conduct sourcing and purchasing activities on behalf of the company. The Manager will drive on-going professional development, coaching, and training of the buyers, develop and manage relationships with suppliers in their geography, partner with sales to ensure that purchasing processes are in place to meet the ever-changing needs of Rand’s customers, and to deliver to performance goals and KPIs. As needed the Manger will work globally with the Sourcing and Procurement staff to development, manage, and deliver against key strategic initiatives both at the regional and global levels. While the role managers a regional team of buyers, the team supports the entire global sales organization across Asia, North America, and Europe.
Essential Functions

• Deep experience needed in purchasing electronic components (passives, integrated circuits, etc.) and commodities (memory, CPU, storage).
• Identify and internally drive the qualification of potential suppliers in-region in coordination with global commodity management and supplier development peers.
• Develop and manage relationships with new and existing suppliers to ensure proper performance of suppliers to Rand standards.
• Guide a team of buyers to execute the purchasing function of the company, engaging the electrical component and commodity supply chain in-region. Drive and assist the team in:
• Purchase order placement and management:

- Order expediting and tracking

- Documentation completeness

- Customer or internal business partner escalations

• Provide guidance for purchasing team on how customer lists will be sourced. Delegate work across the team in a manner that best utilizes the team’s strengths and capabilities.
• Determine and assign coverage for team.
• Responsible for overseeing the training of new buyers and on-going, continuous product training. Conduct on-going trainings with the team in partnership with global commodity management to build technical, part, and market knowledge to maximize the team’s performance.
• Coach, mentor, and drive a positive team environment that creates a positive culture of success.
• Assist in the collection and reporting of market analysis, commodity trends, cost trends, etc.
• Continuously improve processes seeking internal business partner feedback.
• Support special projects as needed at the direction of the VP of Global Sourcing/Procurement.
• Support in the development and implementation of procurement and supply chain strategies.
• Support customer development and engagement activity as needed.
• Build relationships with sales, warehouse, quality, engineering, and other cross-functional business partners to ensure problems are addressed in a timely manner.

Core Competencies

• Market knowledge and technical proficiency in the broader electrical components industry.
• Demonstrated experience sourcing short and long-term requirements in a fast-paced changing environment.
• Proficient with creating/presenting consumable market analysis information.
• Professional demeanor with an attention to detail, a drive for action, and passion to win.
• Ability to read, write correspondence, and communicate with all members of the organizations, customers (internal and external), vendors, in a clear, easily understood manner.
• Intermediate proficiency level in basic software applications such as Microsoft Office, ChatGPT, PowerBI, etc.
• Ability to prioritize, meet deadlines and work independently in a fast-paced environment.
• Able to work under pressure and effectively manage stress.
• Flexibility – overtime or weekend time may be required in the evening and on weekends depending on market conditions.
• Strong analytical, negotiation, and problem-solving skills.
• Expert team building skills.

Education & Experience

• Minimum 7 to 10 years’ sourcing/purchasing experience working with electronic components, commodities, and suppliers.
• Familiarity and experience with the general supply chain in the electronic components industry from part manufacturer to distributor/broker to original equipment manufacturer.
• 4+ years of managerial or leadership experience in sourcing/purchasing functions.
• Bachelor’s degree in a business or technical field such as supply chain, procurement, finance, general business, or engineering.
• Sits for long periods of time during the shift.
• May require occasional early morning or early evening phone calls with global team member.

Requirements: