Sourcing Specialist (Working Location: Hai Duong)

Job Title: Sourcing Specialist

Department: Sourcing

Reports To: Sourcing Manager

Working location: Hai Duong

ABOUT THE POSITION:

Essential functions and key responsibilities are:

● Sourcing and maintaining long-lasting relationships with new suppliers as well as existing suppliers.

● Participates in sourcing data analysis, forecasting, and planning.

● Submit a request for Quote (RFQ) to vendors including parts and mold, negotiating price, quantity, payment terms and delivery schedules with suppliers.

● Generating quote comparisons and advising the sourcing manager on which suppliers to cooperate with based on that quote comparisons.

● Negotiating contract terms with suppliers.

● Monitor, check, confirm the price fluctuations of Suppliers.

● Constantly trying to find opportunities to cost down as well as build a quality, potential and economical sourcing system.

● Collaborate with relevant departments (QC/ R&D/ PE/ PUR) to make the plan and evaluate the performance of current suppliers and identify areas for improvement.

● Make a reciprocal plan to improve or develop the new suppliers to replace the unsatisfactory assessment.

● Make the detailed plan and track development progress and summarize the project reports for the manager.

● Tracking technical notice, and drawing information updates from R&D and Technical Team.

● Receive information about design changes to send to suppliers and confirm the necessary quotation and mold repair time. Coordinate with related departments to ensure improved goods are on schedule and do not affect production

● Perform other duties as manager assigned.

● Can travel for business when required

QUALIFICATIONS/REQUIREMENTS:

Experience:

● At least 3 years working experience in planning, sourcing, negotiating, contracting, and supplier management.

Skills/personal qualifications:

● Honesty, integrity, progressive.

● Sharp and creative thinking at work

● Strong in communication and negotiation skills (both oral and written).

● Ability to work independently and able to work under pressure.

● Quickly learn and adapt to enhanced work processes.

● Good ability in teamwork, strong collaboration skills.

● Experience in project management, product development process.

● Having technical knowledge is an advantage.

● Proficient in Microsoft office (Word, Excel, Power Point).

● Good communication in English and Chinese.

Education and Certifications:

● Bachelors’ degree required.

WORK ENVIRONMENT:

PHYSICAL REQUIREMENTS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

THE INDUSTRY

The sewing machine industry is a global industry that is experiencing renewed growth. In developed markets, growth rates are projected to outpace GDP growth, according to Global Industry Analysts, Inc., the leading industry data source. Growth in these markets is driven by the millennial generation that is increasingly attracted to personalization, crafts, and self-expression. In developing markets, the industry is expected to grow at 4% annually, fueled by the emerging middle class and the “need to sew” segment that uses sewing machines to support the household.

THE FUTURE

In 2021, SVP Worldwide was acquired by Platinum Equity (www.platinumequity.com), a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity has committed to fully support SVP’s continued growth and to bring additional financial and operational resources to bear to help accelerate the company’s efforts.