Your Job
Sources indirect materials (e.g., MRO, machinery, outside services, facilities) with required quality, at a competitive price and in an acceptable time frame. In order to achieve all these aims, you would be expected to plan and implement periodic cost reduction program & improve supplier performance in line with a set of KPI and in collaboration with internal Production, Engineering and other functions as well as external suppliers. This role contributes to business by assuring supply of goods and services that the company needs to achieve its commercial, financial and social goals.
Our Team
Are you looking to make a connection to your career? Come to Molex where we create connections for life. We use innovation, engineering excellence, commitment to quality and reliability and superior customer experience to improve communication, elevate experiences, and engage and inspire people everywhere.
What You Will Do
· Drive materials sourcing at competitive price both locally and at Low Cost Country (LCC) in line with principled entrepreneurship behavior.
· Liaise with internal production, engineers, General Affairs & suppliers on the detailed requirement, spec/ quality compliance and relevant NPD and PCN schedule.
· Generate substantial cost saving via negotiation with the incumbent suppliers and source switching.
· Source for alternate suppliers and manage communication with incumbent and alternate suppliers in the event of supply shortage, PCN and EOL.
· Analyze buying patterns, products and suppliers. Drive consolidation and manage spend.
· Conduct cost and market analysis to benchmark current and potential suppliers.
· Analyze industry trend and evolving technology to proactively identify supply issue in minimizing risk, ensuring continuous supplies, and exploring emerging opportunities.
· Drive and manage suppliers' overall performance, conduct periodic performance review with vendors.
· Collaborate with Global Category Manager in cost saving program & material globalization/ standardization initiatives.
· Participate in establishing short- and long-term sourcing plans in line with strategic business goals of the company.
· Source & audit suppliers physically with Technical Team and related department before qualifying the selected suppliers as AVL.
· Prepare weekly & monthly reports for management.
· Comply to purchasing procedures, SOX, ISO procedures and other requirements from time to time.
· Support company's initiatives on CSR, TQM, Six Sigma, Kaizen/ Lean, etc.
· Responsible to obtain all required documentation and approvals necessary to fulfill the new vendor set-up process in line with NPD, PCN or EOL schedule.
· Collaborate with Division Category Management and Global Category Management team on sourcing activities domestically and internationally.
Who You Are (Basic Qualifications)
· Diploma/ Degree in Commerce, Engineering or Cultural Studies.
· Minimum 3 years working experience in technical sourcing
· Basic understanding of costing (e.g., raw material cost, process cost, packing cost, transportation cost, overheads and profits).
· Ability to read technical drawings
· Knowledge of relevant industries associated with supply base (e.g., MRO, machining, subcontracting, construction)
What Will Put You Ahead
· 5+ years working experience in technical sourcing
At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.
Who We Are
At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.
Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.
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