Job Summary
Required Skills/Abilities:
- Excellent communication and interpersonal skills to build rapport with suppliers, negotiate effectively, and manage relationships.
- Excellent organisational and time management skills
- Ability to multitask and work in a fast-paced environment.
- Proactive and resourceful approach to sourcing.
- Data-driven decision-making abilities
- Collaborate effectively with internal stakeholders to understand their needs and ensure sourced materials meet their requirements.
Education and Experience:
- Technical qualification.
- 3-5 years of experience in Vendor Management and technical buying.
- Possess a strong understanding of the relevant industry and its supply chain, including typical suppliers, their capabilities, and applicable quality standards.
Key deliverables of the role
Technical Sourcing:
- Identify and source qualified suppliers for various technical parts, materials, and services based on project requirements and specifications.
- Utilise diverse sourcing methodologies, including online platforms, industry directories, trade shows, and professional networks.
- Develop and manage relationships with key suppliers, fostering trust and collaboration.
Supplier Qualification and Management:
- Evaluate and qualify potential suppliers based on technical capabilities, financial stability, quality control processes, and social responsibility practices.
- Negotiate pricing, terms, and delivery schedules with shortlisted suppliers.
- Manage contracts and purchase orders, ensuring adherence to agreed-upon terms and conditions.
- Monitor supplier performance, including delivery times, quality standards, and contract compliance, addressing any arising issues promptly.
Technical Expertise and Analysis:
- Maintain in-depth knowledge of technical specifications and requirements for sourced parts, materials, and services.
- Conduct cost analysis and modeling to compare supplier proposals and secure the best value for the organisation.
- Stay updated on market trends, cost fluctuations, and emerging technologies within the industry.
Communication and Collaboration:
- Prepare clear and concise technical documentation, such as RFPs and contracts.
Additional responsibilities may include:
- Participating in supplier development programs to improve supplier capabilities.
- Implementing and maintaining supplier quality management systems.
- Conducting supplier audits to ensure compliance with quality standards.
- Managing supplier risk and developing mitigation strategies.