Executive (Own Brands Product Sourcing) - Chilled & Frozen
NTUC FairPrice
- Singapore
- Permanent
- Full-time
- Defines/translates product specifications based on commercial requirements, including quality and packaging
- Identifies new suppliers, e.g. through trade fairs and consulate relationships
- Prepares and runs sourcing tenders
- Analyses tender results and prepare negotiations based on competitive offering and should-be costs (e.g. clean sheets)
- Negotiates and develops contracts with suppliers on volume, price, quality of products procured, and logistics/transport agreements, optimising for quality vs total cost and volume vs number of vendors procured from
- Engages in regular negotiation with suppliers to ensure continuous improvement
- Coordinates with signed suppliers/vendors as well as QA teams to ensure supplier maintains quality and service agreements
- Works with suppliers to identify opportunities for cost improvement and category innovation
- Manages the different stages of product development from product sourcing to final product production, sampling evaluation, shipping arrangement till roll out to shelves
- Liaises with different key stakeholders at different stages e.g. Brand & Business Development, Food Safety, Inventory, Marketing, Operations & etc
- Manages promotion planning and ensure products sales and penetration
- Keeps track of inventory and forecast planning align with trade plans
- Conducts regular business review with vendors
- Degree in any discipline
- Experience with FMCG / grocery retailers would be a plus
- Good understanding of supply chains, product/quality specs, product variations, seasonality, drivers of cost, and drivers of volume fluctuations of different products
- Ability to run tendering processing end to end and create clean sheets
- Excellent negotiation and communication skills
- Strong business acumen and data analytic skills
- Resourceful, problem solver and result oriented
- Team player and ability to collaborative and work effectively with a variety of stakeholders
- Working Location: FairPrice Hub (next to Joo Koon MRT)
- Working Schedule: Mon - Fri (8.30am to 6pm)