Sourcing and Material Planning Manager

Responsibilities:

• Develop and maintain strong relationships with suppliers, actively managing the supplier base. 
• Negotiate favorable pricing and terms with suppliers to achieve cost savings and improve profitability. 
• Continuously identify alternative sources for materials, components, and services, ensuring a diversified supply chain. 
• Conduct thorough market research to stay updated on industry trends, pricing, and supplier capabilities. 
• Collaborate with cross-functional teams to identify and prioritize sourcing requirements for new product development projects. 
• Manage the bidding process between suppliers, evaluating proposals and selecting the most suitable vendors. 
• Work closely with the forecasting team to plan and forecast material requirements based on demand projections. 
• Coordinate with suppliers to ensure timely delivery of materials, monitoring and expediting orders as necessary. 
• Implement effective inventory management strategies to optimize stock levels and minimize excess or obsolete materials. 
• Monitor supplier performance, track key performance indicators (KPIs), and implement improvement initiatives when necessary. 
• Stay informed about relevant regulations, certifications, and industry standards related to sourcing and material planning.

Requirements:

• Bachelor's degree in Engineering, Supply Chain Management, Business Administration, or a related field. A master's degree is a plus. 
• Proven experience in sourcing and material planning, preferably in a manufacturing or production environment. 
• Strong negotiation skills with a track record of achieving cost savings and favorable terms from suppliers. 
• Excellent analytical and problem-solving abilities, with the ability to make data-driven decisions. 
• Strong understanding of supply chain concepts, inventory management, and production planning. 
• Familiarity with ERP systems (SAP and Oracle are preferred) and other supply chain software tools. 
• Exceptional communication and interpersonal skills, with the ability to build and maintain relationships with suppliers and internal stakeholders. 
• Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment. 
• Strong attention to detail and organizational skills.

 

We offer an attractive remuneration package including 5-day work, flexible work hours and other benefits to the right candidates. Interested parties please forward full resume with expected salary and quote job reference number to VTech Group of Companies, 
The Human Resources and Administration Department, 
23/F, Tai Ping Industrial Centre, Block 1,
57 Ting Kok Road, Tai Po, Hong Kong OR apply online directly through our corporate website at 
For more information about us, please visit our website at:  

 

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