Job Description

COMPANY DESCRIPTION
As Singapore’s leading supermarket retail player and a household name close to all, we have grown with you over the years. It is now your turn to grow an exciting new career and fulfil your aspirations with us. Join us as we embark on a journey to make lives better for our customers, community, environment and employees. At NTUC FairPrice, we offer you more than just a job. We are committed in giving our employees a rewarding career through comprehensive development opportunities. We promise a wonderful workplace culture with ample opportunities for growth at different levels of your career. Every of our 10,000 employees across Singapore is important. If the prospect of working in an organization at the forefront of retail technology and innovation excites you, look no further. Grow your career with us today and make a difference. .
DESIGNATION : Senior Executive (Packaged Goods Sourcing)

RESPONSIBILITIES
You are required to manage the entire product development process for new products from sourcing, negotiating of prices and terms of contract and category management for Own Brands Food products assortments. You will have to review the existing OB portfolio to ensure continuous cost improvement. The incumbents will be responsible for the following:

• Defines/translates product specifications based on commercial requirements, incl. quality and packaging
• Identifies new suppliers, e.g. through trade fairs and consulate relationships, and validate these suppliers. i.e. through site visits and coordinating vendor audits/certifications and checks
• Prepares and runs sourcing tenders to surface potentially lower-cost suppliers
• Analyses tender results and prepare negotiations based on competitive offering and “should-be” costs (e.g. clean sheets)
• Negotiates and develops contracts with suppliers on volume, price, quality of products procured, and logistics/transport agreements, optimising for quality vs total cost and volume vs number of vendors procured from
• Engages in regular negotiation with suppliers to ensure continuous improvement
• Coordinates with signed suppliers/vendors as well as QA teams (internal and 3rd party) to ensure supplier maintains quality and service agreements
• Works with suppliers to identify opportunities for cost improvement and category innovation
• Manages the different stages of product development from product sourcing to final product production, Sampling evaluation, shipping arrangement till roll out to shelves
• Liaises with different key stakeholders at different stages e.g. Brand & Business Development, Food Safety, Inventory, Marketing, Operations & etc
• Manages promotion planning and ensure products sales and penetration
• Keeps track of inventory and forecast planning align with trade plans
• Conducts regular business review with vendors

QUALIFICATIONS

• Degree in any discipline
• Proven experience in managing suppliers /vendors and negotiating contracts/running tenders
• Minimum 3-5 years of relevant experience
• Experience with FMCG / grocery retailers would be a plus
• Ability to run tendering processing end to end
• Ability to create clean sheets
• Ability to run design-to-value optimisation a plus
• Excellent negotiation and communication skills both in person and on paper
• Adept at relationship building and networking, especially with suppliers and other departments
• Strong business acumen and analytic skills
• Willingness to travel

OTHER INFORMATION
Working Location: NTUC FairPrice Hub, 1 Joo Koon Circle