Oct 2020 - Present
• Managed cost reduction through constant strategic material planning, vendor selection, and price negotiation in assembling mass production, ensuring cost stability and profitability that reduced cost by 10-20% annually
• Worked with cross-functional teams, contractor manufacturers and suppliers to achieve established business goals and objectives
• Supervise materials planning (Clear to build), inventory regulation, Excess & Obsolete (E&O) evaluation and estimation, New Product Material readiness, logistics readiness from components suppliers that deliver parts to Tier 1/2 companies for assembling and report risk mitigation that reduced cost by 15 –20 %
• Cultivated and maintained strong supplier relationships to secure reliability and quality.
• Managed all communications based on projects, presenting key problems and alternatives for resolution to the Hannstar Executive team
• Established key performance criteria for selected suppliers and bargained on multiple factors to secure long-term strategic agreements that lead to substantial cost savings and enhanced service quality.
•Reduced cost through constant strategic material planning, vendor selection, and price negotiation in mass production, ensuring cost stability and profitability.
•Optimize inventory levels to balance supply and demand, minimizing excess or shortages.
•Supplier Relationship Management: Cultivate and maintain strong supplier relationships to secure reliability and quality.
•Market Intelligence Study: Conduct market intelligence studies to identify trends and opportunities for timely sourcing decisions.
•Solved the sudden RMA issues from contract manufacturers and suppliers to ensure the sufficient supplies
• Total procurement amount annually : USD 1,700,000-2,000,000
• Develop a comprehensive plan for the procurement of materials, leading to 20% USD350,000 reduction
• Resolved a RMA issue from a new vendor to save USD 40,000 order.