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 Manager (Strategic Sourcing)

RESPONSIBILITIES
The Head of Strategic Sourcing builds the vision and distinctive capabilities of sourcing to help unlock upstream values that supports Own Brands & Food Solutions (OBFS) purpose to moderate the cost of living for Singapore by supplying good quality products at lower costs.
Reporting to Director (Integrated Planning & Operation), the individual shall be accountable for setting strategic direction for product sourcing & supplier management; while driving product cost leadership in close collaboration internally with category leaders across all business segments within OBFS as well as externally with adjacent business units
Strategic Sourcing Capability Development

• Work closely with senior management to establish strategic sourcing business plan that includes tender & negotiation structure, commodity procurement strategy and outsourcing vs in-house operating framework
• Drive supplier-based strategy to leverage overall spend while incorporating risk mitigation along the supply chain that includes currency risks, supplier risks, regulatory risk, etc.
• Identify business development opportunities through strategic partnership and/or alliance to unlock cost and deliver incremental value
• Enable OBFS strategic imperatives to driving upstream controls and vertical integration in strategic categories to build stronger greater commercial and supply resilience for the group

Supplier Management

• Develop supplier stratification and prioritization model
• Identify and develop strategic and core suppliers operating model to create a sustainable partnership anchored on cost, service and quality foundation while collaborating on product and commercial innovations
• Implement supplier performance management program to drive continuous operation improvements and cost leadership
• Monitor market trends, competitor strategies and market suppliers
• Create and implement best practice purchasing vision, strategy, policies, processes, and procedures to aid and improve business performance

Innovations and Organization Management

• Provide thought leadership for supplier diversity and sustainability and translate into operating imperatives, consistent with group objectives on enterprise risk management and environment protection
• Lead supplier enabled innovation programs and constantly reinvent our approach to launching new products, packaging and claims to diverse customers and cultures across different markets and channels
• Support sourcing related complexity reduction initiatives by controlling cost of complexity (number of suppliers, SKUs and variants, ingredients, packaging)
• Prepare annual sourcing budget and related Capital Expenditure proposals
• Coach, mentor and develop sourcing talents to nurture a high performing sourcing talent pool that delivers continuous improvement, added value and cost reductions sustainably into the future

QUALIFICATIONS

• More than 10 years of experience in global sourcing and procurement, ideally from the food or FMCG industry
• Minimum of 5 years in commercial and contract negotiation. Solid negotiator that produces extended value for all parties
• Proven ability to work cross culturally and across the global footprint
• Comfortable of working with numbers and ability to evaluate financial statements of vendors under consideration
• Track record in leading transformation projects within a matrixed environment
• Good understanding of procurement and enterprise applications like ERP
• Technical expertise – Able to manage complexity, be prepared to get involved with technical issues at a detailed level. Have strong problem solving & decision-making skills and shows ability to drive issues to quick resolutions.
• Collaborative leadership - Have very strong interpersonal and partnering skills; yet ability to command authority and influence issue resolution; or build consensus in achieving desired results and objectives.
• Business acumen – Good appreciation of business & financial principles and ability to translate commercial and customer strategies into supply chain operating goals
• Cross-business organization - Know how to manoeuvre in a cross-business organization, i.e., how to optimize resources and knowledge, partnering with cross-functional peers and other business groups to deliver results
• Analytic skills and problem Solving – Meticulous and strong with numbers. Ability to convert insights from data analysis into diagnostic and solution
• Communication skills – Effective verbal and written communication skills, including excellent presentation skills. Can communicate with people from multiple business units at multiple levels, and can provide strategic/tactical guidance in a collaborative, consultative, and positive manners

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