The Sourcing Officer - Supply Chain will report directly to the Manager – Supply Chain and supervise the strategic sourcing functions of the assigned operating supplies and equipment products/services categories.
The Sourcing Officer is to proactively conduct market, supplier, and product research for the assigned commodity categories to analyze product’s internal and external environmental impact, cost drivers, trend, potential issues, and risks. With knowledge and expertise, develop sourcing strategy (where to purchase, considering the demand and supply situations, while minimizing risk and costs) for the commodity to ensure a consistent supply of quality products at the best possible pricing for MELCO and guard against potential risk /supplier issues.
Continuously improves and re-evaluates sourcing activities of the categories, develop a strategic partnership with highly capable suppliers, and represent the company in all dealings and negotiation with the suppliers. Conduct and evaluate scheduled market list bidding, lead the pricing negotiation and recommend suitable suppliers. The sourcing offices apply all best practices to negotiate the best results out of the bidding/tender process.
Conduct and monitor the assigned commodity market research, analysis, and trend projection.
Develop sourcing strategy for the assigned commodity to ensure a consistent supply of the quality products at the best pricing and guard against potential supply issues/risks.
Establish a contingency plan for core products.
Facilitates new product roll-outs or changes in a timely manner.
Familiarization and acts in accordance with Supply Chain policy and procedure manual
Conduct the sourcing of the assigned operating supplies and equipment categories according to the corporate policies.
Gather and clarify sourcing requisitions from users.
Search for potential and qualify suppliers for new products request.
Prepare and issue Requests for Quotation (’RFQs’).
Evaluate quotations and negotiate prices and purchase terms (e.g. quality, sample, lead time, etc.).
Compare and prioritize vendors based on set criteria.
Communicates clearly with suppliers in order to meet all requirements in a timely manner.
Determines quantity and timing of deliveries.
Estimates risks and applies necessary risk minimizing techniques
Communicate the bidding results to requestors.
Regularly create, update, and review item master data in the system for the assigned categories to be accurate/ up-to-date on a timely basis.
Perform item master cleansing list and coordinate with Material Management as per the specified schedule interval.
Identify items that can be standardized for MELCO in order to leverage on volume purchase and generate cost-saving.
Continuously search for new products, technologies or methods for potential savings.
Track and quantify cost savings and other benefits to be communicated back to the property.
Work closely with SC Logistics/Warehousing to facilitate smooth flow of centralized operation supplies and equipment distribution model.
Responsible for all documentation retention related to the market list bidding, product sourcing (quotations), and requestor complains.
Internal Communication:
Buyers, Sourcing team, BUs
External Communication:
Vendors
Service Providers
Cost Savings Initiatives
Product sourcing in a timely manner
Accuracy, attention to detail and meeting deadlines are all required skills.
Demonstrate strong strategic thinking, negotiation, analytical and coordination skills.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited data exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
Nimble - Flexible and responsive to change
Demonstrated ability to lead teams through new business processes
Strong analytical skill, with a keen understanding of relevant cost drivers
Experience forecasting in a consumer products environment utilizing Red Rock based products
With Project, A&A background is a plus
3 years of progressively responsible work experience directly related to the duties of the position
Diversified background with significant exposure to Supply Chain management and strategic sourcing
Advanced Excel skills (v-lookups, pivot tables, etc.)
Excellent oral, written and presentation skills
Works well under pressure and without supervision
Ability to negotiate and sustain relationships
Time management skills
Familiar with sourcing process, vendor management and relevant software- Red Rock
Bachelor’s Degree in Business or Supply Chain. MBA is preferred
Constructive relationships are built with team members, customers, and suppliers
Adheres to and supports the company’s vision and values
Achieves agreed on objectives and accepts accountability for results.
Positive Attitude
Good analytical skills, conflict resolution skills, problem solving and resolution.
Clearly understands the Strategic Vision of the Company and how it impacts on the Business Unit/Function.
Sense of responsibility and urgency.
Performs other duties and responsibilities as may be assigned by immediate superior depending on business operation requirement.