Procurement Lead, Myanmar

Manulife • United States, United States • 3w ago

This role offers an exciting opportunity to lead all procurement activities for Myanmar, driving strategic sourcing and vendor management to deliver cost efficiencies and operational excellence. By aligning local procurement practices with global governance and Asia Procurement strategies, this position plays a critical role in ensuring transparency, compliance, and value creation for the organization. The successful candidate will gain exposure to cross-functional collaboration, regional procurement frameworks, and best-in-class sourcing methodologies, positioning them as a key contributor to the company's mission of sustainable growth and ethical business practices.

Position Responsibilities:

Heads all country procurement matters and be the first point of contact for all procurement related activities with external third party vendors

Organize and chair the local Procurement Council as well as reviewing and coordinating the execution the relevant resolutions out of the Council.

Assist Procurement Council to manage company's procurement following Asia Procurement strategy and objectives.

Support a roll out of procurement best practices within Company.

Develop local procurement policy supplement to ensure the policy is in line with global governance framework and shareholders requirements; ensure the local policy formulation is efficient and transparent.

Develop training and communication programs to enhance organizational understanding on relevant procurement policies.

Provide overall oversight/ review on procurement and vendor management. Monitor the vendor performance and contract implementation to ensure the procurement initiatives meet with relevant policies, regulations and code of ethics.

Build and actively maintain vendor database with market insight information including past experiences of the Company using that vendor, pricing, quality and reliability for purchasing departments' reference.

Monitor the overall control of procurement initiatives.

Liaise with Asia Procurement category team and local subject matter experts (legal, compliance, operational risk informational risk, tax etc.) as needed.

Identify procurement opportunities that will result in economic benefits/process efficiencies/risk mitigation.

Lead cross-functional teams for sourcing events based on the thresholds set in the Global Procurement Policy and Local Procurement Supplement.

Ensure vendors are pre-qualified and complete confidentiality agreements, as required by current policy.

Work with Asia Procurement to develop/enhance the underlying category Total Cost of Ownership (TCO) model and benefits tracking approach to be used during the sourcing event.

Develop vendor analyses, using Manulife standard tools, to present potential vendors to the cross-functional sourcing team.

Lead the RFx process by developing the RFx from Manulife standard templates and distributing the RFx according to policies and procedures. Collect data and information necessary to define Manulife's requirements for the RFx.

Respond to, escalate, track and analyze vendor inquiries with regards to the RFx.

Engage and coordinate local functional subject matter experts, such as legal, tax, risk management, etc., in support of procurement initiatives.

Develop RFx summaries and vendor evaluation matrices, using Manulife standard templates, for the cross-functional sourcing team to evaluate vendor responses.

Document results from the sourcing activities

Deliver target savings and repot the results based on the developed savings methodology

Develop the necessary analyses to support the various category management activities

Other duties as assigned

Required Qualifications:

8+ years of progressive experience in procurement, contract management and/or vendor management roles

Undergraduate degree (business, finance, accounting or legal studies preferred)

Solid knowledge of procurement, vendor management and contract best practices, processes and tools

Solid analytical skills

Experience work in global organization by leading a team will be an added advantage

Familiar with end-to-end procurement process and operating model (offshore COE model)

Experience on implementing or managing procurement P2P tools (e.g. Ariba, Ivalua)

Preferred Qualifications:

Graduate degree (business, finance, accounting or law preferred)

Experience in procurement strategy development and execution

Professional certification (CIPS, CPPM, CPM, etc.)

Familiar with Manulife's business operations, strategies and financial environment

Good command of English written or/and spoken

Knowledge in technology, systems and digital transformation procurement will be an added advantage

When you join our team:

We'll empower you to learn and grow the career you want.

We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

As part of our global team, we'll support you in shaping the future you want to see.

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Working Arrangement

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