- Understand spend category, vendor landscape, industry trends, and emerging developments. Apply analytics for cost and demand reduction.
- Collaborate with business leadership to align with unit goals and priorities.
- Generate market and supplier intelligence for sourcing strategies.
- Execute medium to high-value sourcing projects and contracts.
- Lead the RFP, RFQ, and RFI process for Singapore.
- Determine sourcing strategy, conduct analysis, and negotiate for projects.
- Work with business partners to finalize requirements and select suppliers.
- Develop terms sheets based on negotiation strategies.
- Coordinate external resources and subject matter experts proactively.
- Drive and lead negotiations, with consultative support from legal and risk.
- Track and manage sourcing agenda in Singapore, monitoring progress, risk, and benefits.
- Interface with business partners and vendor/contract managers.
- Oversee and support vendor/contract managers in business-led initiatives.
- Quantify savings, drive efficiencies, centralize competencies, and maximize vendor relationships.
- Define, report, and achieve vendor metrics – both strategic and tactical.
- Influence and develop supplier negotiation strategies in conjunction with Tower Lead.
- Understand and leverage key vendor relationships within a specific category.
- Lead supplier negotiations, especially for complex transactions, and ensure strategy execution in Singapore.
- Perform other assigned duties.
- You obsess about customers, listen, engage and act for their benefit.
- You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
- You thrive in teams and enjoy getting things done together.
- You take ownership and build solutions, focusing on what matters.
- You do what is right, work with integrity and speak up.
- You share your humanity, helping us build a diverse and inclusive work environment for everyone.
- Degree holder, preferably in procurement, business, or finance, with over 6 years of progressive experience in procurement, sourcing, and vendor/contract management, including a minimum of 3 years in the Asia region and virtual environments.
- Possess expertise in procurement, vendor management, and contractual best practices.
- Excellent written and spoken communication skills in English.
- Demonstrate in-depth knowledge of sourcing principles, negotiations, procurement systems, and tools. Solid analytical skills and understanding of standard contractual terms to mitigate legal and business risk.
- Possess experience in vendor governance, risk management, and knowledge of legislative requirements related to third-party outsourcing in jurisdictions.
- Exhibit technical and professional knowledge, problem-solving skills, and decision-making abilities. Proven innovator with a track record of change management and business process transformation.
- A strategic thinker, dedicated to improving the company's competitive position.
- Proven track record in building strategic partnerships with internal clients and vendors;
- Effectively communicates complexity with clarity and ease; articulates a clear view of concepts, ideas, and objectives.
- Ability to interface with different stakeholders at all levels;
- A competitive salary and benefits packages.
- A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
- A focus on growing your career path with us.
- Flexible work policies and strong work-life balance.
- Professional development and leadership opportunities.
- Values-first culture
We lead with our Values every day and bring them to life together. - Boundless opportunity
We create opportunities to learn and grow at every stage of your career. - Continuous innovation
We invite you to help redefine the future of financial services. - Delivering the promise of Diversity, Equity and Inclusion
We foster an inclusive workplace where everyone thrives. - Championing Corporate Citizenship
We build a business that benefits all stakeholders and has a positive social and environmental impact.
Manager, Procurement - Singapur, Singapore - Company 14 - Manulife (Singapore) Pte. Ltd.
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Description
Description
The position reports to the Head of Category Management and Country Cluster, Asia Procurement and involves overseeing the entire management of designated spend categories in Singapore. The responsibilities include creating and implementing a global sourcing and vendor management strategy, executing strategic initiatives, and collaborating with key stakeholders. The role requires in-depth category knowledge to identify and implement cost reduction strategies and change management plans. Achieving targeted savings is a priority through actions like consolidating purchasing volume and utilizing total cost of ownership measures to reduce costs and effectively manage supplier contracts.
Responsibilities:
What motivates you?
What we are looking for
What can we offer you?
Our commitment to you
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong.
Manulife is an Equal Opportunity Employer