Toa Payoh - Supply Chain Buyer

Position Summary

The Supply Chain Buyer is responsible for overseeing the end-to-end sourcing and purchasing activities to ensure cost-effective procurement of goods and services. This role involves strategic supplier management, contract negotiation, inventory control, and the development of purchasing strategies aligned with business objectives.

Key Responsibilities

• Identifying and evaluating potential suppliers based on quality, cost, reliability, and delivery performance
• Negotiating contracts and terms with suppliers to ensure favorable pricing and favorable supply agreements
• Managing relationships with suppliers, monitoring their performance, and addressing any issues that arise

• Developing inventory policies and procedures to ensure efficient stock levels and minimize stock-outs or excess inventory with Vendors
• Implementing inventory control systems to track and monitor inventory levels, including forecasting demand and setting safety stock levels
• Conducting regular inventory audits to identify discrepancies and implementing corrective actions

• Identifying opportunities for process improvement and implementing strategies to enhance supply chain efficiency
• Analyzing supply chain data and key performance indicators to identify trends, bottlenecks, and areas for improvement
• Implementing lean principles, Six Sigma methodologies, or other improvement frameworks to drive operational excellence

• Working closely with internal stakeholders, such as sales, marketing, finance, and operations, to align supply chain strategies with business objectives
• Collaborating with external partners, including suppliers, customers, and service providers, to foster strong relationships and drive collaboration
• Participating in cross-functional projects or initiatives to support overall business goals and strategic initiatives

• Diploma holder with minimun 2 to 3 years of experience in a supply chain role and/or as a Purchaser in a similar field
• Excellent knowledge of supply chain processes
• Working experience of relevant software (e.g. SAP MM, MRP)
• Strong communication skills
• Able to work in fast paced and high stress environment
• Excellent outsourcing and vendor management skills
• Attention to detail
• Creative problem-solving
• A strategic and analytical mind
• Understanding of risk management in the context of the supply chain
• Strong communication, negotiation, and persuasion skills