Job Description – Assistant Manager (Vendor Development)

Job Summary

Responsible for new supplier development, sourcing, and cost estimation of electronic, mechanical, and packaging components for new projects. Identify and develop alternate suppliers to achieve project cost reduction and customer target cost.

Prepare and issue RFQs based on engineering drawings, specifications, and BOMs. Evaluate supplier quotations and negotiate raw material prices, tooling costs, payment terms, MOQ, lead times, and other commercial terms. Work closely with cross-functional teams to ensure projects meet cost, quality, and delivery requirements.

Roles & Responsibilities

• Prepare detailed BOM costing for new projects.
• Conduct cost analysis and cost optimization for electronic, mechanical, and packaging components.
• Develop and source new and alternate suppliers to meet project requirements and target costs.
• Prepare and issue RFQs based on engineering drawings, specifications, and BOMs.
• Obtain, evaluate, and compare supplier quotations.
• Negotiate RM prices, tooling costs, MOQ, payment terms, lead times, and other commercial conditions.
• Establish and monitor target costs for components and projects.
• Conduct supplier cost evaluation and commercial analysis.
• Identify cost-reduction opportunities through alternate suppliers, material optimization, process changes, and value engineering.
• Coordinate with Engineering, Quality, Production, Project Management, and Finance teams for successful project execution.
• Support supplier selection based on cost, quality, capability, capacity, and delivery performance.
• Maintain accurate BOM, costing, quotation, and supplier-related data.
• Prepare costing reports and management presentations for project reviews.
• Ensure sourcing activities are completed within the required project timeline and customer target cost.

Specific Skills & Competencies

• Supplier Management & Development
• BOM Management and Costing
• Cost Analysis & Cost Optimization
• Sourcing & Commercial Evaluation
• RFQ Preparation & Supplier Quotation Evaluation
• Tooling Cost Evaluation & Target Costing
• Negotiation Skills
• Effective Communication & Cross-functional Coordination
• Customer Focus
• Decision-Making & Problem-Solving
• Commercial & Financial Knowledge
• Good understanding of electronic, mechanical, and packaging components
• Ability to understand engineering drawings and specifications

Software & Technical Skills

• MS Excel – BOM costing, cost analysis, comparison, and reporting
• MS Word – documentation and reports
• MS PowerPoint – management and project presentations
• SAP – purchasing, material, supplier, and commercial transactions
• SolidWorks – basic understanding of 3D models and engineering drawings

Key Performance Areas (KPIs)

• Achievement of Customer Target Cost
• Project Cost Reduction / Cost Savings
• New and Alternate Supplier Development
• Timely Completion of RFQ and Quotation Activities
• Supplier Quotation and Cost Competitiveness
• Negotiation of RM, Tooling, MOQ, Payment Terms, and Lead Times
• Timely Completion of Sourcing Activities for New Projects
• Supplier Quality, Delivery, and Commercial Performance
• Accuracy of BOM Costing and Cost Estimates