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Job Description
- Determines customers' needs and desires by specifying the research needed to obtain market information.
- Recommends the nature and scope of present and future product lines by reviewing product specifications and requirements; appraising new product ideas and/or product or packaging changes.
- Assesses market competition by comparing the company's product to competitors' products.
- Provides source data for product line communications by defining product marketing communication objectives.
- Obtains product market share by working with sales team to develop product sales strategies.
- Assesses product market data by calling on customers with field salespeople and evaluating sales call results.
- Provides information for management by preparing short-term and long-term product sales forecasts and special reports and analysis; answering questions and requests.
- Facilitates inventory turnover and product availability by reviewing and adjusting inventory levels and production schedules.
- Brings new products to market by analyzing proposed product requirements and product development programs; preparing return-on-investment analyses; establishing time schedules with engineering and manufacturing.
- Introduces and markets new products by developing time-integrated plans with sales, advertising, and production.
- Determines product pricing by utilizing market research data; reviewing production and sales costs; anticipating volume; costing special and customized orders.
- Completes operational requirements by scheduling and assigning employees; following up on work results.
- Maintains product management staff by recruiting, selecting, orienting, and training employees.
- Maintains product management staff job results by counseling and disciplining employees; planning, monitoring, and appraising job results.
- Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
- Contributes to team effort by accomplishing related results as needed
- Take overall responsibility for the strategic sourcing management goals of the company and implement action items to ensure that those goals are achieved.
- Manage and mentor staff encouraging professional growth & development.
- Responsible for negotiations for best possible cost service guarantee and develop“win-win” strategies.
- Evaluate supplier core competencies and competitive positioning using industry cost models.
- Implement supplier agreements/contracts when beneficial by working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions.
- Research and anticipate shifts in the negotiating power of suppliers.
- Analyze industry trends and evolving technology to proactively identify supply base issues to minimize risk, protect continuity of supply, and utilize emerging opportunities.
- Maintain and develop supplier relationships (trade shows, supplier meetings, conferences, etc.)
- Participate in establishing short-term and long range planning and budget development of the company to support strategic business goals.
- Develop a supplier management program with key suppliers including metrics, performance goals & improvement initiatives
- Establishes purchasing policies and ensures compliance within the department.
- Continuously improve productivity and efficiency of processes throughout the operational organization.
- Lead department to develop forecasts for future demand and place orders in a timely fashion based upon vendor lead-time.
- Develop and implement sourcing and supplier selection strategy domestically and internationally.
Job Requirements
- University degree in Business Administration or equivalent
- Purchasing Certificate is preferable
- Min 10 yrs experience with strategic sourcing
- String preference for international sourcing experience.
- Ability to manage projects and establish clear goals and accountabilities to ensure successful delivery
- Very Good command of English language spoken and written.
- Computer literacy,
- Ability to work under pressure and deadlines.
- Excellent organization skills and well disciplined.
- Excellent communication and negotiation skills.
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