Senior Manager - Strategic Procurement (Racing)

Job Summary

The SM/ DEMSP leads a team in strategic procurement and category management, focusing on supplier development for a specific category to ensure continuous supply for the club's in Mainland China and elsewhere. The job holder involves expanding the supplier network, enhancing governance, implementing supplier assessments, consolidating purchases, and supporting procurement transformation. The job holder also builds stakeholder relationships and contributes to a culture of continuous improvement, aiming to secure optimal suppliers and deliver excellent value for the Club.

Major Tasks

Strategic Procurement Implementation

  • Utilise best-practice strategic procurement and category management approaches
  • Collaborate with HSP to develop sustainable procurement strategies for short, medium, and long-term needs
  • Ensure comprehensive input into strategy development across functions, divisions, departments, and levels

Procurement Demand Planning

  • Conduct demand planning reviews and derive insights from spend analysis
  • Maintain category knowledge and data, incorporating benchmarks and estimations into strategies
  • Regularly update stakeholders on Category procurement progress
  • Proactively manage stakeholders to maximise value from strategic procurement activities

Strategic Category Management

  • Develop a strategic approach to manage assigned categories for timely, quality supply and best value
  • Identify opportunity improvement targets and deliver annual benefits
  • Define sub-category strategies and objectives aligned with business/user department targets
  • Engage with stakeholders to support innovative procurement and category management strategies
  • Update strategies to reflect changes in needs, industry, and business environment
  • Regularly check regional/global sourcing possibilities and benchmark prices

Strategic Initiative Projects

  • Lead projects on specific strategic initiatives with defined scopes and goals
  • Conduct feasibility studies and market research for sourcing and supplier strategies
  • Effectively manage project resources, planning, timelines, and deliverables
  • Develop presentation materials for stakeholder and management communications
  • Plan for long-lasting business benefits from project deliverables

Sourcing Strategy Development

  • Jointly develop sourcing strategy with EM and sub-category leads for supply continuity
  • Identify business requirements for common purchases and develop key suppliers
  • Cultivate a China market sourcing strategy to reduce import dependence
  • Benchmark and assess the supply market, risks, competition, trends, and opportunities
  • Develop short, medium, and long-term sourcing strategy with EM

Supplier Strategy and Management

  • Develop and manage strategic supplier relationships
  • Regularly review the supply marketplace for the assigned category
  • Implement a formal feedback loop for supplier development
  • Ensure supplier development aligns with category strategy and planning
  • Attend industry events to gather market intelligence and build a global sourcing network

Stakeholder Coordination

  • Coordinate supplier development activities with business, sub-category teams, and CRC team
  • Facilitate executive meetings to follow through on action items and meet project milestones
  • Set up regular meetings with stakeholders, including business, operations, CRC team, and external suppliers

Education

Degree holder with professional qualification in Procurement, Business Administration or Operational Management

Qualifications

Experience

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