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General Accountability :
Head of Asia Procurement is a member of the Global Procurement Leadership team and is responsible for leading and developing procurement capability in the Asia Segment.
Primary responsibilities include :
Such activities may include :
Head of Asia Procurement leads the team of sourcing professionals, a group of subject matter experts who support the business units in all stages of the procurement life cycle, to maximize value and drive performance.
The team is also responsible for creating, leading and coordinating the strategic sourcing and category management activities that drive the strategic procurement activities within Asia Segment, working closely with all category managers and global teams.
Provide leadership to the Asia Procurement team on ways to further improve the effectiveness, efficiency and consistency of procurement services demonstrating Manulife’s values.
Lead a high performing team of sourcing professionals responsible for providing support to respective business areas to execute sourcing events.
Understand the business strategies, demand and risk management profile of each market to develop divisional category and sourcing strategies and identify emerging opportunities and risks.
Work with local subject matter experts to develop and implement local Supplements to the Global Procurement and OVRM (Outsourcing and Vendor Risk Management) Policies Enhance procurement related processes as necessary for efficient and effective business operations Provide support for change management, training and communication strategies that promote awareness, understanding and compliance with procurement policies and best practices Work with the relevant stakeholders in Asia markets to lead the development and execution of procurement strategies, including identifying and championing cost and demand management opportunities to drive procurement value within spend categories As required, lead complex RFI / RFP processes, vendor evaluations, negotiations and contracting in accordance with enterprise policies and processes as well as best practices.
Support the collection of data and information necessary to define Manulife’s business requirements for the RFI / RFP. Develop vendor analyses, using Manulife standard tools, to present potential vendors to the cross-functional sourcing team Develop (or enhance) the underlying spend category Total Cost of Ownership (TCO) model and benefits tracking approach to be used during the sourcing event.
Oversee execution of the Procurement related strategic projects such as Contingent Workforce Program and Vendor Lifecycle Management.
Develop and lead a team of professionals to ensure a sustainable platform for a successful procurement practice in the Asia Segment.
Knowledge / Education :
Skills / Competencies :
attention to detail; evaluates feasibility and practicality of ideas and options; takes ownership and makes informed and timely decisions
Key Attributes :
If you are ready to unleash your potential, it’s time to start your career with Manulife / John Hancock.
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better.
With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States.
We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions.
At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers.
As of March 31, 2020, we had $1.2 trillion (US$0.8 trillion) in assets under management and administration, and in the previous 12 months we made $30.
4 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years.
We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.