Procurement Manager

About Company

ENNOVI, a Mobility Electrification Solutions Partner, is a world leader in designing and manufacturing customized interconnect and high-precision system solutions for electric vehicles. The company is fully dedicated to the mobility market with the agility to act at speed in realizing EV OEMs' needs, from product, process, and manufacturing, on a global level. ENNOVI is accelerating EV market customers' ideas and requirements through end-to-end competencies in battery systems, power, and signal interconnect needs. Headquartered in Singapore, ENNOVI has more than 8,000 employees across 15 locations globally, where all its activities are socially responsible, with minimal environmental impact. ENNOVI. Electrify faster. Learn more at www.ennovi.com.

Ennovi is an equal opportunity employer in conformance with all applicable laws and regulations to individuals who are qualified to perform job requirements. The Company administers its personnel policies, programs, and practices in a non-discriminatory manner in all aspects of the employment relationship, including recruitment, hiring, work assignment, promotion, transfer, termination, wage and salary administration, and selection for training.

Why Join Us

At Ennovi, we envision a future of electrification and innovation and strive to create an inspiring workplace where our employees are integral to shaping that future. We offer a dynamic, collaborative and inclusive culture that encourages continuous learning, professional growth, and a sense of purpose. As a part of the Ennovi family, employees experience the excitement of being at the forefront of cutting-edge technologies and contributing to a sustainable future.

Our commitment to the transformation is epitomized by our five pillars: Speed, Innovation, Best Talent, Global Reach, and Sustainability. This entails navigating exponential market changes through agile structures, fostering innovation across all aspects of our business, strategically expanding our global footprint, championing sustainability initiatives, and nurturing a winning team.

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Job Summary

We are seeking a highly skilled Procurement Manager to lead and manage the sourcing and procurement activities for our automotive parts manufacturing operations. The ideal candidate will have in-depth experience in stamping and molding supply chains, along with strong capabilities in developing and managing external vendors for allied processes such as plating, machining, coating, and PCB development. The role demands a strategic thinker with strong negotiation skills and a consistent track record in cost reduction, with a specific target of achieving 5% annual cost savings.

Main Responsibilities

Strategic Sourcing & Supplier Management

• Identify, evaluate and qualify potential suppliers domestically and internationally
• Develop reliable vendors for BOM items of ferrous and non-ferrous material and outsourced processes: plating, machining, heat treatment, coating, PCB development, etc.
• Build and maintain long-term relationships with suppliers to ensure quality, cost-effectiveness, and on-time delivery.
• Monitor performance on key metrics (cost, quality, delivery, compliance) and take necessary improvement actions
• Issue RFQs, evaluate supplier quotations, and finalize commercial terms inline with customer terms
• Lead contract negotiations to secure the best terms in cost delivery and quality
• Conduct market and risk analysis to anticipate sourcing challenges and mitigate supply chain risks
• Collaborate with internal stakeholders to understand needs and drive procurement efficiency

Cost Optimization

• Lead cost reduction initiatives to meet YOY 5% cost saving target.
• Conduct spend analysis and identify opportunities for savings via alternative sourcing, supplier consolidation, VA/VE (Value Analysis/Value Engineering), or process optimization.
• Negotiate long-term contracts, pricing agreements, and payment terms.

Cross-functional Coordination

• Collaborate with production, engineering, R&D, and quality teams to understand technical requirements and develop sourcing strategies.
• Work with the quality team to ensure supplier compliance with automotive quality standards (IATF 16949, ISO 9001, etc.).

Compliance & Documentation

• Ensure adherence to internal procurement policies, regulatory guidelines, and ethical sourcing practices.
• Maintain proper procurement documentation and SAP data accuracy.

Qualification and Skills

• Bachelor's degree in engineering
• 15+ years of experience in procurement within the automotive manufacturing industry, with hands-on exposure to stamping and molding parts
• Proven track record in handling Ferrous, Non Ferrous material and outsourced processes such as plating, machining, and coatings.
• Strong negotiation, communication, and supplier management skills.
• Knowledge of cost structures, logistics, and basic manufacturing processes.
• Proficient in SAP systems and MS Office tools.

Key Performance Indicators (KPIs):

• Zero loss of big RFQ's (LTR>$20M) due to Procurement issue.
• Flawless new projects launch– zero supply issue regarding capacity, quality and timing.
• 5% YOY purchase savings for FY2024.
• Supply Quality Lot Acceptance Rate (LAR) > 99%- Joint KPI with SQD function.

Skills Required
Molding, Ms Office, Plating, Machining, Cost Reduction, Supplier Management, Coating, PCB Development, stamping, Procurement, Sap