May Wong

• Strategic Sourcing and Procurement (local and oversea): Create and execute strategies that align with the company's global objectives, balancing cost, quality, and risk management. • Identify and Evaluate Suppliers: Research and assess global suppliers to ensure they meet the company’s standards for quality, reliability, and cost-effectiveness. • Control Procurement Costs: Implement cost-saving initiatives and strategies to optimize spending across the organization. • Budget Oversight: Develop and manage budgets for procurement activities, ensuring adherence to financial targets. • Negotiate Contracts: Lead negotiations to secure contracts that align with organizational goals and comply with legal and regulatory requirements. • Manage Contract Compliance: Ensure all parties adhere to contract terms and conditions, governance requirement, addressing any deviations or disputes. • Collaborate with Internal Teams: Work closely with other departments, such as finance, operations, and production, to align procurement activities with overall business needs. • Drive Global Coordination: Ensure consistency in procurement practices across different regions and facilitate communication between global teams. • Monitor Market Trends (foods industry): Stay informed about global market trends, pricing fluctuations, and supply chain developments to make informed procurement decisions. • Conduct Competitive Analysis: Analyze competitor strategies and market conditions to identify opportunities for competitive advantage. • Lead Procurement Team: Manage and mentor a global procurement team, setting objectives, providing guidance, and fostering professional development. • Promote Best Practices: Advocate for and implement best practices in procurement across the organization. • Digital Transformation and Power BI Analytics: Implement and manage procurement systems and platforms to support digitalization initiatives.

• Team Leadership & Strategic Policy Implementation: Led a team of 12 buyers in implementing proactive procurement strategies and policies, significantly improving supply chain efficiency and aligning with organizational goals. • Market Analysis, Sourcing, and Relationship Management: Conducted extensive market research to identify optimal sources and managed client and supplier relationships, focusing on meeting engineered specifications and terms to strengthen partnerships. • Inventory Management, Cost Control, and Forecasting: Implemented robust inventory practices and cost controls, developed detailed annual forecasts, and worked closely with suppliers to meet production demands and financial targets. • Supplier Performance and Quality Assurance: Monitored supplier performance to ensure reliability and adherence to standards, led sourcing for new vendors, and maintained high quality and service standards. • Cost Reduction, Efficiency Enhancement, and Contract Management: Championed initiatives for cost reduction and operational efficiency, managed contracts diligently, and addressed complex commercial terms. • Financial Reporting, Service Improvement, and Market Intelligence: Compiled profit and loss reports, resolved financial issues, developed service improvement plans, and utilized market intelligence for competitive advantage and cost savings.

• Team Leadership and Staff Development: Managed and developed a team of 4 buyers, fostering a culture of continuous improvement and professional growth • Operational Planning and Procurement Process Management: Played a critical role in planning and supervising procurement activities and overseeing the entire procurement process • Sourcing Analysis and Vendor Management: Conducted in-depth market analysis for sourcing and managed vendor relationships, ensuring compliance with specifications and strategies. • Financial Management and Order Fulfilment: Oversaw the invoice reconciliation process and order tracking • Supply Chain Optimization and Forecasting: Actively engaged in supply chain optimization and forecasting, effectively placing orders and generating detailed forecasts to maintain inventory levels in line with production needs. • Cost Reduction Initiatives and Efficiency Enhancement: Led cost reduction strategies and initiatives with suppliers and internal stakeholders, achieving significant operational efficiencies and business targets. • Contract Management and Compliance: Managed all aspects of contract administration, maintaining compliance with contract terms, and effectively handling complex commercial issues through collaboration.

• Order Management and Efficiency: Reviewed delivery orders, evaluated material availability and lead times • KPI Tracking and Delivery Optimization: Monitored deliveries and procurement Key Performance Indicators (KPIs) • Vendor Performance and Financial Compliance: Oversaw vendors’ on-time delivery performance, managed invoice discrepancies, and ensured smooth financial transactions in compliance with company policies. • Quotation, Sourcing, and Quality Control: Obtained competitive quotations for raw materials and collaborated with internal teams to resolve quality issues, maintaining high standards in procurement and material quality. • RFQ Processing and Strategic Sourcing: Handled Request for Quotations (RFQs) and sourced materials in alignment with company strategies, priorities, and inventory objectives. • Vendor Management and Reporting: Conducted regular meetings with vendors, managed inventory, and operational issues, and provided comprehensive procurement reports, ensuring effective vendor relations and operational transparency. • Contract Management and Exotic Material Sourcing: Managed vendor contracts, including Master Purchase Agreements (MPAs), and sourced exotic materials, ensuring technical compliance with Material Test Reports (MTRs) and engineering specifications.

Research Area - intrinsic and extrinsic factors in supply chain management