Stanley Lau
IT Procurement Manager
Hong Kong
Summary
Procurement professional with proven track record of streamlining purchasing processes, enhancing supplier relations, and reducing costs. Strong focus on team collaboration and flexibility in dynamic environments. Known for excellent negotiation skills and strategic planning abilities.
Methodical IT Procurement Manager with background overseeing purchase of goods and services on behalf of organization. Seasoned expert at bid process guidance and contract administration. Talented leader when following and enforcing purchasing rules, procedures and associated regulations.
Overview
17
17
years of professional experience
2
2
Languages
Work History
Strategic Procurement Manager - IT
The Hong Kong Jockey Club
10.2024 - Current
- Strategic Planning & Project Management: Work with stakeholder departments (e.g., IT Infra, Corp System, Cyber Security) to find and assess category opportunities. Responsibilities include managing projects, carrying out RFx processes, evaluating suppliers, and performing detailed analyses.
- Spend Analysis & Optimization: Conduct in-depth spend analysis across the organization's $2B annual expenditure to identify cost-saving opportunities, maverick spend, and areas for process improvement.
- Contract & Software Consolidation: Consolidated over 20 network and mobile service contracts into three master agreements to achieve economies of scale. Streamlined a portfolio of over 200 software applications by identifying redundancies and standardization opportunities.
- Champion of Procurement System Changes acted as a change champion for the implementation of a new e-Contract Lifecycle Management system, testing, and delivering training programs for stakeholders across the procurement team.
- Collaborated with finance departments on budgeting and forecasting activities, ensuring accurate representation of procurement expenses and cost-saving opportunities.
- Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment.
Assistant Procurement Manager – IT Infrastructure
Cathay Pacific Airways Limited
05.2022 - 10.2024
Assistant Procurement Manager (IT, FM & ENG)
Cathay Pacific Services Limited (Cathay Group)
02.2017 - 05.2022
- Category Strategy and Project Management involves working with various departments to identify and address category opportunities. Tasks include managing projects, executing RFx processes, assessing suppliers, and performing detailed analysis.
- Spend Analysis: Monitor and forecast key supplier spending to optimize costs, streamline processes, and standardize practices across locations.
- Market Research: Track supplier market trends, evaluate alternatives, and identify new business models to support business needs.
- Stakeholder Management: Build strong relationships with business units, align on category strategies, and manage procurement negotiations and tasks.
- Negotiated contracts with suppliers that resulted in favorable terms and conditions while maintaining high-quality goods or services.
- Conducted regular market research to identify new suppliers and stay informed on industry trends, resulting in informed procurement decisions.
Senior Procurement Officer (IT & ENG)
Hutchison Telecommunications (Hong Kong) Limited
10.2014 - 02.2017
Officer - Central Purchasing (FM & ENG)
Hang Lung Properties
04.2013 - 10.2014
Procurement Officer (Non-Food)
Miramar Group Hong Kong (The Mira HK Hotel)
07.2012 - 04.2013
Purchasing Officer
Resort Clubs Limited (Cheung Kong (Holdings) Group)
11.2008 - 07.2012
Education
Bachelor of Business Administration (Hons) - Business Management
City University of Hong Kong
01.2008
Associate of Business Administration - General Management
City University of Hong Kong
01.2008
Secondary 7 - undefined
Rosaryhill Secondary School
01.2004
Skills
Vendor management expertise
Career Interest
- Expected Salary: $880K / annual
- Availability: One Month Notice
Timeline
Strategic Procurement Manager - IT
The Hong Kong Jockey Club
10.2024 - Current
Assistant Procurement Manager – IT Infrastructure
Cathay Pacific Airways Limited
05.2022 - 10.2024
Assistant Procurement Manager (IT, FM & ENG)
Cathay Pacific Services Limited (Cathay Group)
02.2017 - 05.2022
Senior Procurement Officer (IT & ENG)
Hutchison Telecommunications (Hong Kong) Limited
10.2014 - 02.2017
Officer - Central Purchasing (FM & ENG)
Hang Lung Properties
04.2013 - 10.2014
Procurement Officer (Non-Food)
Miramar Group Hong Kong (The Mira HK Hotel)
07.2012 - 04.2013
Purchasing Officer
Resort Clubs Limited (Cheung Kong (Holdings) Group)
11.2008 - 07.2012
Associate of Business Administration - General Management
City University of Hong Kong
Secondary 7 - undefined
Rosaryhill Secondary School
Bachelor of Business Administration (Hons) - Business Management
City University of Hong Kong
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