Senior Manager, Procurement Governance

Imagine being responsible for Senior Manager, Procurement Governance to ensure process and framework for governing the procuring of goods, services by organizations are conducted in a fair, legal and transparent manner, reflects the organization’s overall strategy and meet specific business needs for the world’s largest jewellery brand. If you love solving challenges with your initiatives, then you might be our next Senior Manager, Procurement Governance at Pandora Crafting & Supply.

We love that you will…

• Be responsible to ensure process and framework for governing the procuring of goods, services by organizations are conducted in a fair, legal and transparent manner, reflects the organization’s overall strategy and meet specific business needs.
• Be responsible to ensure cost performance delivered by Procurement is on-track to meet business requirements.

Key Duties:

RUNNING THE BUSINESS

Strategic & Operational

• Contribute to the development and implementation of the overall procurement strategy, aligning it with company objectives.
• Identify and assess potential procurement risks, developing and implementing mitigation plans
• Regularly review and update procurement policies and procedures, ensuring they comply with all relevant regulations and best practices
• Execute and manage key performance indicators (KPIs) for procurement, monitoring progress and reporting to stakeholders.
• Leverage technology solutions to enhance procurement governance and efficiency
• Execute and review operational standardized data analytics including spend analysis to manage category strategy.
• Evaluate and monitor the challenges faced by the business and take action to mitigate risks and develop opportunities.
• Collaborate with Director to align on strategic directions as appropriate to ensure effective procurement sourcing strategy, supplier management and procurement process.

Compliance & Governance

• Ensure purchasing policies and processes are in place to meet business objectives and compliance requirements
• Execute and monitor supplier assessment effectively (both supplier qualification and supplier performance evaluation) is applied and collaborate effectively with all relevant stakeholders to ensure stringent standards to aid and improve business performances
• Develop and manage contractual agreements and ensure contracts are properly negotiated, documented, and executed.
• Conduct audits and reviews to identify and address any compliance issues
• Provide training and support to procurement staff on governance-related matters

Cost Management

• Ensure and monitor for competitive cost structure and credit term. Develop robust action plan to closely monitor cost saving performance as well as headwinds through performance report to achieve budgetary goals.

Stakeholder management

• Collaborate and communicate effectively with internal stakeholders to understand their requirements and align procurement strategies and seamless procurement process with business goals.

Financial Budget and Control

• Input and drive on departmental budget, objectives/KPIs and assess ongoing performance of direct reports.

CHANGING THE BUSINESS

Supply Resilience

• Assess and monitor potential risks in the supply chain. Execute an effective risk mitigation (for example multi-source, supply chain mapping and etc.) to safeguard against disruptions.
• Develop and execute procurement governance to support KFVN in ensuring competitive cost, high compliance and project timeline.

Sustainability

• Support Carbon emission team and drive suppliers on carbon emission engagement programme to deliver company target commitment

LEADING THE BUSINESS

• Coach and develop high performing procurement teams that meet agreed objectives and which deliver best practice results, added value, strategical approach and continuous improvements

We love that you are…

• Bachelor’s degree or above in Business Administration, Logistics, Engineering or related fields.
• 10 years or more within purchasing or significant experience in a relevant function together with a minimum of 5 years in leadership role
• A proven thorough working knowledge of both business and financial matters
• Experiences in Jewellery business is preferable
• Good command in English is a must
• Initiate and review the solution to most complex business problems
• Drive and execute the strategic perspective and create sustained results for Pandora (financial, non-financial)
• Demonstrate ability to make hard decisions, making the right trade-offs
• Effectively plan and efficiently deliver exceptional work while handling both volume and complexity
• Is an inspirational leader; practices genuine humility and places the team above their own interests
• Is self-motivated and hungry enough to work hard; willing to change
• Strong team player within and across teams
• Proficient Project management to ensure overall sourcing activities within timeline and budget to support project launch
• Commercially and financially aware with experience of managing budgets