Job Descriptions-Negotiate prices and terms with suppliers to secure the best possible value for the company , when required. Identify and implement cost-saving opportunities through volume discounts, alternative sourcing options, or value engineering , when required
-Responsible for initiating and managing RFQ, lead time, Cost estimation. -Ability to analyze cost structure to achieve product cost target.
-Ability to utilize existing supplier matrix for quoting, negotiating and award business to suppliers.
-Ability to understand multi-level BOM, read drawings, special processes/ specifications and communicate with suppliers.
-Ability to analyze suppliers capacity and bottleneck to meet demand requirements.
-Drive sourcing decisions and strategy to ensure supply continuity with best business models and mitigate risk on lead time and cost impact to business.
-Ensure smooth product transition from NPI to volume manufacturing.
-Collaborate with cross-functional teams to define sourcing strategies/ plans for new projects.