Vendor Management Specialist

Responsibilities:

• Scout new vendors within assigned Categories to optimize company’s business strategy
• Regularly classify categories and vendors according to market management matrices; in addition, identify relative sourcing strategies
• Propose new market partnership opportunities and retain existing ones
• Manage business relationship with suppliers including but not limited to supplier onboarding, evaluation and finally supplier development or phase out
• Consistently maintain approved vendor list in matching with business requirements either in tendering or execution phase of the projects (related to assigned categories)
• Leverage the buying volume of global procured categories; maximizing the bargaining power of the company
• Regularly check supplier catalogues and external portals
• Generate pricing and evaluation schematics for cost driving commodities
• Communicate with suppliers during tendering phase for the pricing of Engineering items and Tagged items
• Perform vendors’ evaluation according to their pre-qualifications material quality, payment terms, delivery time, negotiation's flexibility & their commitment to our contract terms