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Senior Sourcing & Product Planning

Salary undisclosed

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Job Scope

Sourcing

  • Supplier Selection and Management: Identify and manage relationships with key suppliers, negotiate contracts, and ensure the timely delivery of quality materials and services at the best possible cost.
  • Contract Negotiation: Negotiate favorable terms with suppliers, including pricing, delivery schedules, and long-term agreements, to support the company's product goals.
  • Cost Optimization: Implement strategies to reduce procurement costs without sacrificing quality or risking supply chain disruption. This may include exploring new suppliers or materials, and renegotiating existing contracts.
  • Risk Management: Develop contingency plans to mitigate risks in the supply chain, such as supplier delays, price fluctuations, or material shortages.
  • Sustainability and Compliance: Ensure that sourcing strategies align with corporate sustainability initiatives, ethical sourcing standards, and legal compliance.

Product Planning

  • Demand Forecasting: Analyze market trends, sales forecasts, and historical data to predict product demand, ensuring the company produces the right quantities at the right time.
  • Production Scheduling: Create and oversee production plans that align with customer demand, inventory levels, and the availability of materials. This includes coordinating with manufacturing teams to optimize production efficiency.
  • Inventory Management: Ensure that inventory levels are optimized to meet customer demand while minimizing excess stock and warehousing costs. Work closely with the inventory control team to balance production and storage needs.
  • Product Lifecycle Management (PLM): Oversee the entire lifecycle of a product, from initial concept and design to manufacturing, distribution, and eventual phase-out or replacement.
  • Collaboration with Cross-Functional Teams: Coordinate with departments such as marketing, finance, manufacturer & vendor to align product development, production, and sourcing strategies with overall business goals.

Key Skills:

  • Excellent negotiation and communication skills, especially in English
  • Strong understanding of procurement and supply chain processes
  • Analytical thinking and market research capabilities
  • Knowledge of contract management and legal compliance

What We Would Like to See

  • Minimum 3 years of working experience in procurement, supply chain or relevant industries
  • Bachelor’s degree in a related field from a reputable university, with second class honours and above