Director of Purchasing / Procurement Manager

Role and Responsibilities:

• Initiate, develop and implement multi-year direct procurement strategies to integrate and leverage spend.
• Lead category specific cost management contract negotiations, development, and enforcement.
• Develop and execute risk mitigation strategies for assigned categories.
• Routinely communicates openly and with integrity across key business stakeholders to align direction and category strategies.
• Find and develop the suppliers who could provide the best value (quality, cost, service and innovation) to Basco.
• Identify and work with the suppliers who are strong on innovation/new products development, in order to build up the innovation development leadership of Basco in the market.
• Conduct benchmarking to identify cost reduction opportunity and avoid cost up-charge.
• Work with R&D and Engineering team effectively to insure the new products delivery on time.
• Follow up the supply issues, work with suppliers on continue improvement.
• Participate in the development of goals and budgets for area of responsibility.
• Negotiate contract modifications, follow-up quotations, revisions, terms and conditions with vendors.
• Responsible for all aspects of people and team leadership within procurement team.
• Work with business partners to identify and drive Total Cost of Ownership (TCO) process improvements to reduce costs.
• Provide regular project status information to team members, including attending required meetings and follow-up on action items.
• Establish the rules and methods to assess existing supplier performance, and the selection methods/criteria for new partners.
• Mitigate risk and promote compliance by establishing and maintain, valued relationships with internal stakeholders.
• Work as a collaborative team player with Design, Product Development, Marketing, Quality, Supply Chain to deliver products that meet all business requirements.
• Establish processes that foster communications, teamwork and focus on common business goals.
• Maintain awareness of economic and business situations as they affect pricing, delivery, and contractual agreements.
• Actively evaluate supplier cost competitiveness and identify opportunities to reduce cost through alternative sources without compromising quality and service standards.
• Annually develop, direct, and lead a formal supplier scorecard review with our quality and purchasing department.
• Other duties as assigned.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Skills Required:

• Outstanding Procurement Skills, i.e. inquiry, negotiation, benchmark, leverage, Industry Analysis, Category sourcing strategy, business recommendation, supplier management, contract, etc.
• Finance basics.
• Effective communication and teamwork
• Good Initiative and follow through.
• Good Problem-solving skill.
• Self-starter with ability to work independently under pressure and react quickly to changing priorities.
• AS400 knowledge

Experience/Education Required:

• Bachelor’s degree in supply chain management, Business Administration or Mechanical/ Industrial Engineering.
• Minimum 7-year experience in Procurement / Supply Chain
• Experience in driving productivity.
• Experience in Contract Negotiation
• Fully bilingual in English (oral and written)
• Travel (30%) is required.
• Work experience in Bath & Kitchen industry is preferred.
• The following experiences are preferred, include process/project management experience, ability to manage multiple work assignment and ability influence and drive changes.
• Comfortable with talent sourcing and building a robust pipeline.
• An eye on problem solving and continuous improvement.
• Demonstrated leadership, work ethic, and negotiation skills.
• Experience with diversity sourcing.