Hyosung - Assistant Manager - Strategic Sourcing Team

- Develop and implement strategic sourcing strategies to optimize cost and quality.

- Conduct zero-based costing, should-cost analysis, and benchmarking for various manufacturing processes.

- Collaborate with cross-functional teams (Design, Quality, and Manufacturing) for new product development.

- Manage vendor relationships and drive supplier development initiatives.

- Ensure cost-effective procurement while maintaining quality and delivery timelines.

- Perform supplier negotiation, contract management, and procurement planning.

- Conduct supplier audits and compliance checks to ensure quality and regulatory standards.

Qualifications & Experience:

- Supplier Negotiation & Contract Management Managing supplier agreements and negotiations. Manufacturing Process Knowledge Deep understanding of casting, machining, sheet metal, and surface treatment (painting & plating).

- Should-Costing & Bench marking Evaluating supplier costs using industry benchmarks. Procurement Planning & Inventory Management Managing sourcing strategies and stock levels. Global Sourcing & Supplier Assessment Identifying and qualifying vendors from global markets.

- Supplier Audits & Compliance Ensuring suppliers meet quality and regulatory standards. ERP Systems (SAP, Oracle, etc.

- Identifying cost-saving opportunities while maintaining quality.

Soft Skills:

- Problem-Solving & Analytical Thinking Making data-driven sourcing decisions.

- Cross-Functional Collaboration Working with Design, Quality, and Manufacturing teams.

- Project Management Managing timelines for new product development sourcing.

- Negotiation & Vendor Relationship Management Building long-term supplier partnerships.

- Data Analysis & Reporting Using Excel and BI tools for insights.