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Sourcing Manager, Procurement
Trimco Group (Hong Kong) Company Limited
Posted 1 day ago
Not Specified
0 year(s) work experience
Job Highlight
Job Description
Roles & Responsibilities
Category Strategy Development and Execution
- Develop and implement procurement strategy for the assigned categories across regions and markets with the aim of keeping up cost competitiveness, high quality, ESG compliance and service levels.
- Develop and maintain category-specific policies, procedures, and governance frameworks.
- Drive cost savings and value creations indicatives, strong sense to create sustainable saving pipeline, govern the saving tracker within the category.
- Keep up-to-date with market trends, industry best practices, and emerging technologies in the Textiles categories.
- Develop and maintain category-specific metrics and KPIs to tack performance and identify improvement opportunities.
Sourcing, RFx and Contracting
- Review and analyze category spend cube in a timely manner to identify business needs and value creation opportunities.
- Initiate sourcing and RFx (RFQ, RFP, Negotiation etc.) events to achieve a desirable outcome while balancing cost competitiveness, quality, and services.
- Negotiate contract (e.g. manufacturing agreement) with suppliers.
- Measure raw material market trends and commodity indics where applicable.
- Facilitate make-or-buy analysis and drive the lowest total cost solution at a strategic level with guidance for procurement execution.
Supplier Relationship Management
- Lead supplier sourcing and development and set up performance metrics in collaboration with the operations team against a robust Supplier Relationship Management (SRM) program, going beyond reactive issue resolution into on-going joint collaboration and operational improvement programs.
- Manage the supplier pool dynamically to optimize supply costs.
- Coordinate critical supplier issues, such as quality complaints, and drive root cause analysis and corrective action.
Required Experience/Skills/Education
- Bachelor's degree Supply Chain Management, or a related field.
- Minimum of 5 years in procurement or category management, preferably in the Textiles industry.
- Demonstrated experience in sourcing, RFx processes (RFQ, RFP, negotiation), and supplier contracting.
- Familiarity with raw material market trends and commodity indices.
- Strong understanding of cost competitiveness, quality assurance, ESG compliance, and service levels.
- Ability to drive cost savings and create sustainable saving pipelines.
- Proficiency in market analysis, keeping informed about trends and emerging technologies.
- Strong analytical skills to review and analyse category spend data effectively.
- Strong leadership skills to manage supplier performance metrics and collaboration programs.
- Competence in developing metrics and KPIs to track performance.
- Strategic thinker with a proactive approach to identifying opportunities for improvement.
- Ability to work in a fast-paced environment and manage multiple priorities.
- Good command of both written and spoken English and Chinese
Immediate availability is preferred.
Candidates with less experience will be considered for the Assistant Sourcing Manager, Procurement position.
Job Function | |
Work Location | Not Specified |
About company
Trimco Group (Hong Kong) Company Limited