Core purpose of the roleThe core purpose of the role is to formulate and execute sourcing strategies for commodities within the allocated Category following the defined Strategic Sourcing process to extract value from the spend using Total Cost of Ownership (TCO) approach across the supply value chain. The incumbent is responsible for conducting value opportunities assessment on the assigned category, formulate appropriate sourcing strategy, execute relevant sourcing event (e.g RFP), conduct fact-based negotiation, development and conclusion of agreement, manage supplier performance and tracking savings and spend compliance monitoring, and ensuring a consistent approach toward all sourcing, purchasing and tendering activities are within the procurement governance framework of the business. The incumbent is also responsible for ensuring that value for money is maximised and cost-savings are generated within the allocated Category. The incumbent is also responsible for building strong relationships with suppliers and service providers, facilitate collaborative negotiations approach to secure the best deals based on quality, delivery and price, and for tracking & reporting on performance against contractual agreements and business targets in area of responsibility. The incumbent is responsible to capture and challenge business needs and requirements to ensure lean demand and enabling innovative solutions from the supply market through continuous market analysis and minimiseKey deliverables and outputsCategory Sourcing Execution
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