Archives 2009

Supply Chain Mgr. (log046nj)

Job Title: Supply Chain Mgr.
Job Description:
Company introduction:
Our client is a world leader in AFC systems for public transport. It successfully completed many metro projects for numerous cities around the world. With the fast development of metro industry in China, Asia and many other countries, our client will reinforce their entity in R&D, program management and other operational positions.

Report To: GM
Location: Nanjing
Responsibilities:
1. Take a full in-charge of SCM with complete functions including Planning, Sourcing, Purchasing, Shipping, Logistics,
2. Set strategic goals and direction for the department to meet the company goal of revenue, capacity, cost, and delivery
3. Further develop the supply chain focusing on planning, order management, logistics provider management as well as cost- and performance optimization in China.
4. Be responsible for the development and implementation of an effective, high-performance logistics network including definition of the warehouse and distribution structure.
5. Will be fully accountable to achieve the ambitious performance-, cost- and working capital targets together with your highly motivated teams in China.
6. Consistently improve the supply chain planning and order management function to ensure the integrity of demand planning, capacity allocation and operational order dispatching.
7. Executes business processes, drives accountability, collaboration and respect.
8. Oversees all facets of material management. Oversee purchasing and inventory control. In charge of planning and forecasting of customer orders. Oversee warehouse and shipping.
9. Establish material purchasing procedures and standards. Develop supplier/vendor qualification program.
10. Works with US and Mexico facility
11. Supports and gains consensus for the organization’s mission, vision and values.
12. Liaison with third party service provider on various support to the department
13. Lead and initiate continuous improvements to the department and related functions.
Requirements:
1. College Degree-BA or business related field.
2. 10 yrs. experience in the manufacturing field and a key managerial position in cable/fiber manufacturing will be preferred. 5+ Years of Western Mfg. experience, 5+ years working experience in supply chain management.
3. Working Experience ISO and TL 9000 knowledge. Understanding of lean-manufacturing and ability to apply principles.
4. Experience in global purchasing/supply chain. Experience in cost/inventory reduction/management
5. Professional Skills and Competency/Training/ Certificate
6. Must have proven track record in process improvement and cost reduction.
7. Spreadsheet applications. MRP experience. APICS or ISM certified a plus.
8. Speak English and Chinese fluently
9. Creative thinker. Strong interpersonal and communication skills.
10. Demonstrated strong problem-solving skills.
11. Ability to travel on a regular basis if needed
* Please send us your complete resume (in Chinese and in English) to: ‘topjob_log046nj@dacare.com'(Please replace “#” with “@”)
* In the email subject please include the position name and job #

Bank of China to hire 10,000 college grads

Bank of China, the country’s third-largest lender, plans to recruit 10,000 college graduates to staff its expanding networks, its president said.

The hiring “will be the biggest among the country’s commercial banks,” the Beijing Times reported, citing Li Lihui, president of Bank of China.

The nation’s biggest foreign exchange bank will also expand its networks this year and some of the new recruits will be assigned to those outlets, Li said on the sidelines of the annual sessions of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC).

The Beijing-based lender also said on Saturday that Temasek Holdings Pte, which owns 4.1 percent of the bank, would not sell its stake until at least June 30, Xinhua News Agency reported, citing Chairman Xiao Gang.

Temasek, Singapore’s government-owned investment company, has 10.48 billion Hong Kong-listed shares of Bank of China.

Xiao also denied rumors that Bank of China will take its Hong Kong subsidiary BOC Hong Kong private.

Job market stable as companies fold

Nearly 1,000 enterprises in Guangdong province’s Shenzhen went under last year, but the local job market remained stable, Mayor Xu Zongheng said yesterday.

“The global economic meltdown has had remarkable impact on Shenzhen’s development, which largely depends on the overseas market for economic and trade growth,” Xu told reporters on the sidelines of the ongoing National People’s Congress session in Beijing.

Up to 60 percent of Shenzhen’s foreign-funded enterprises are from neighboring Hong Kong, and most goods sent from Shenzhen to overseas markets are exported through the special administrative region, Xu said.

As many as 903 enterprises folded last year, leaving about 3 percent of the city’s labor force, or 90,000 migrant workers, jobless, Xu said. “More than 60 percent of these enterprises had to close their doors because they were unable to sustain business in the global financial crisis’ wake,” he said.

The rest – nearly 300 enterprises – were closed because they failed to meet environmental protection requirements, Xu said.

But the city last year approved up to 35,800 new enterprises, of which half are involved in the modern service and hi-tech sectors, Xu pointed out.

“These new enterprises have greatly helped create more employment for migrant workers, ensuring the job market remained stable,” he said.

About 4.5 million migrant workers left the city last year, but some 4.9 million have returned after the Spring Festival, Xu said.

“We attach great importance to migrant workers’ employment, and have used a series of measures to help them get back to work in the city since the end of last year,” Xu said.

These included free job markets organized by local labor authorities and enterprises, and free training courses for migrant workers, Xu said.

“Migrant workers who have been employed in Shenzhen for a certain period of time are allowed to apply for residence permits,” Xu said.

In another development, Xu said people with temporary residence permits in Shenzhen could also apply for Hong Kong tourism passes with unlimited entries from May.

Also, Shenzhen’s permanent residence permit holders would be able to visit Hong Kong with unlimited passes from April to enhance the two cities’ integration, Xu said. Shenzhen currently has 2.32 million people with permanent residence cards and 6.44 million with temporary permits, he said.

Coca-Cola to Invest $2 Billion in China Over 3 Years

March 6 (Bloomberg) — Coca-Cola Co., the world’s largest soft-drink maker, plans to invest $2 billion in China over the next three years as part of its attempt to win more of the nation’s 1.3 billion consumers.

The investment plan includes a $90 million technology center that opened in Shanghai today, the Atlanta-based company said in an e-mailed statement. Coca-Cola’s proposed investment is 25 percent more than the $1.6 billion it had already spent in China since returning in 1979.

Beverage companies including Coca-Cola and PepsiCo Inc. are expanding in China, betting demand will continue to grow as the recession erodes consumer spending in the U.S. Coca-Cola’s planned spending may also aid its $2.4 billion acquisition of China Huiyuan Juice Group Ltd., which was announced in September and is now awaiting government approval.

“Coca-Cola’s investment is a positive for the Huiyuan acquisition,” said Kevin Luo, a consumer goods analyst with Guotai Junan Securities HK Ltd. in Shenzhen, southern China. “This investment will help create jobs, which would obviously be welcomed by the government, so even though it won’t have a direct impact on the acquisition’s approval, it can’t hurt.”

Pepsi said on Nov. 3 it plans to invest $1 billion in China in the next four years. Japan’s Asahi Breweries Ltd. in January paid $667 million for a 19.9 percent stake in Tsingtao Brewery Co., China’s biggest beer company.

Market Leader

Coca-Cola controls 54 percent of the Chinese soda market and Pepsi 31 percent, according to research company Euromonitor International.

Retail spending in China may rise 14 percent this year, the National Development and Reform Commission, the nation’s top economic planning agency, said in a report distributed yesterday to the country’s legislature. China has also cut taxes and increased welfare spending in a bid to boost consumer spending amid the worst financial crisis since the Great Depression.

“It’s wise for international companies to invest in China, especially at a time when China is trying to boost domestic consumption,” said Kenny Tang, executive director of Redford Securities Co. in Hong Kong. “There’s still room for growth.”

Coca-Cola’s sales by volume rose 19 percent last year in China and declined by 1 percent in North America, according to the company’s annual report.

“Our commitment and confidence in China never wavers,” Coca-Cola Chief Executive Officer Muhtar Kent said in today’s statement. The company will invest in new plants, distribution and sales and marketing, Kent said.

Coca-Cola and Huiyuan, which applied for approval from China’s Ministry of Commerce in September, said then that they expected a government decision by March 23.

“We are in very regular contact with the Ministry of Commerce, and we try to be as helpful as possible in answering questions and providing supplementary information,” Kenth Kaerhoeg, a spokesman for Coca-Cola Asia, said by e-mail today.

Business Development Director –Securities Software (fi201sh)

Job Title: Business Development Director –Securities Software
Report To: Financial BU
Location: Shanghai
It is one of the world’s leading software and IT services companies. They provide software and consulting solutions that are designed to meet the specialized needs.
Job Description:
Responsibilities:
1. Researching the financial services market, creating structured market analysis as a base for professional business development
2. Contacting foreign financial services companies to coordination.
3. Identifying new business opportunities by researching and developing the local financial services market, especially Securities, Fund and Futures
4. Be the senior consultant before sales
5. Make the mid and long strategy development of Securities Product
6. Designing and implementing a professional sales and marketing plan
7. Be in change of performance index (Securities Product)
Requirement:
1. More than 8 years business experience in the financial services industry.
2. Be family with the local financial services market, especially Securities, Fund and Futures
3. Be family with the market, current situation and development direction of local financial IT area
4. Excellent analytical skills and strategy making ability of business.
5. Fluent oral and written English is an absolute must

* Please send us your complete resume (in Chinese and in English) to: ‘topjob_eo157cs@dacare.com'(Please replace “#” with “@”)
* In the email subject please include the position name and job #

Tigermed, MacroStat forge Chinese CRO alliance

Win-win Cooperation Between China Leading CROs, Boosting Full Service Capability

HANGZHOU, China, March 3 /PRNewswire-Asia/ —

Tigermed Consulting Co., Ltd, a leading Contract Research Organization (CRO) in China, and Qiming Venture, a premier venture capital firm based in Shanghai join hands to grant asset injection to MacroStat, the unique CRO in China specialized in clinical data management and statistical analysis. The union between the two top CROs will significantly improve Tigermed’s clinical data management serviceability and broaden MacroStat’s business line.

”MacroStat has the leading talents and system in biostatistics, with absolute competitive advantage in China. Tigermed and MacroStat shall establish extensive strategic partnership in the management of clinical trials, data management and statistical analysis. Tigermed accumulated outstanding expertise in clinical trials, while MacroStat is an expert in biostatistics. Our cooperation shall expand Tigermed’s business line and add professionalism to Tigermed’s biostatistics services. The win-win cooperation between leading CROs with complementary advantages is conducive to constructing a higher level of CRO service chain and further updating full service capability, which also opens a fast track to the globalization of China CROs,” comments Dr. Ye Xiaoping, CEO and founder of Tigermed.

Ms. Cao Xiaochun, Vice President of Tigermed, added, ”Tigermed pays close attention to MacroStat advantage in data management and statistical analysis. Besides Ms. Cao Xiaochun, Dr. Ye Xiaoping (CEO and founder of Tigermed) and Hu Xubo (Director of Healthcare Investment Sector of Qiming Venture) will also join in MacroStat’s board of directors. The cooperation between Tigermed and MacroStat will not only satisfy global clients with international standards but also power the innovative drug development in China, making it possible to streamline clinical research cycle and considerably reduce drug R & D costs.”

”MacroStat has set up strategic partnerships with many multinational pharmaceutical and biotech companies and international CROs, and has become their preferential biostatistics vendor. MacroStat’s customers are mainly from USA and Europe. With the new capital, MacroStat will further accelerate its development effectively, on one hand, keeping the unique advantage in biostatistics, one the other hand, extending business line into clinical trials, so as to provide more extensive and comprehensive services for the pharmaceutical industries.” Comments Helen Yin, managing director of MacroStat China.

About MacroStat

MacroStat, an international CRO, founded in 2002 in USA, is one of the few professional CROs dedicated to providing clinical data management and statistical analysis services. MacroStat is specialized in providing data and safety monitoring board (DSMB) support for USA FDA, and statistical support to FDA, CVM, EPA, MAA, MCA and other agencies and Asian countries. MacroStat (China) was established in 2005 in Shanghai, and now becomes the unique CRO focused on biostatistics in China

About Tigermed

Tigermed Consulting Co., Ltd, a leading Contract Research Organization (CRO) in China, is expected to become the largest CRO in China within 3 years. With capital injection from Qiming Venture in 2008, Tigermed has entered into a period of rapid expansion. The combined asset injection to MacroStat marks a stride forward in Tigermed’s internationalization strategic development. The extensive cooperation between Tigermed and MacroStat allows both to make a big step forward.

Survey: 23% of China firms to freeze executives’ salaries

A report by the human resources consulting firm Mercer shows that 23 percent of companies surveyed in China said their senior executives’ compensation in 2009 wouldn’t increase as usual, showing the effects of the global financial slowdown.

The survey involved 59 companies in China, 76 percent of which were listed companies and 39 percent of which were multinationals. Mercer conducted similar surveys in other Asian countries, including India, South Korea, Japan and Singapore.

“In Asia, one third of companies surveyed said their senior executives’ salaries wouldn’t increase in 2009. The proportion in China is a little smaller than the average, reflecting China experiencing less impact of the financial crisis than other Asian countries,” said Zheng Wei, managing director for Asia executive remuneration business with Mercer.

“Considering the deferred impact on China’s market, we predicted that more companies in China will take similar measures to limit the senior executives’ salaries in 2009,” Zheng added.

China: Labor disputes up 95 percent last year

BEIJING: Labor-related lawsuits nearly doubled in China last year mainly due to mass factory shutdowns, a senior official with the Supreme Court said.

A manufacturing powerhouse, China’s factories were hard hit when overseas demand for their exports evaporated in the wake of the global financial crisis.

Shen Deyong, vice president of the Supreme People’s Court, said at a news conference Monday that the number of labor-related lawsuits filed in 2008 jumped 95 percent, marking the biggest on-year increase of any type of suit.

He said most of the cases were filed in the country’s coastal southeast, home to a string of factory hubs. In some areas, labor suits increased about 200 percent compared to 2007, he said, without giving specific figures.

The spike in labor lawsuits was “closely connected to businesses slumping and factories being shut down,” he said.

“When they face difficulties, these businesses often reduce their costs by cutting the labor force and salaries,” he said.

He said a new labor contract law that came into effect at the start of last year and rising public awareness of worker’s rights also contributed to the rise in cases.

Unemployment is a major concern for China’s communist leadership because of fears it could trigger social unrest and demands for political reform.

Taiwan’s Hon Hai increases workforce in China

TAIPEI, March 4 (Reuters) – Taiwan electronics giant Hon Hai (2317.TW) said on Wednesday it had recently increased its number of employees in China by 5 percent despite the global downturn.

“In the short term, things are not as bad as they are made out to be,” Chairman Terry Gou said at a signing ceremony between the company and IBM (IBM.N) on using green technology.

Gou did not specify when the company had increased its China workforce.

Hon Hai is a contract manufacturer that makes some of the world’s most famous gadgets, including Apple’s (AAPL.O) iPhone, Nokia (NOK1V.HE) cellphones and Nintendo’s (7974.OS) Wii game console.

(Reporting by Kelvin Soh; Editing by Jonathan Hopfner)

McDonald’s names new China chief executive

BEIJING, March 3 (Reuters) – McDonald’s Corp (MCD.N) on Monday named Kenneth Chan as its new chief executive officer in China, replacing Jeffrey Schwartz, the company said in a statement.

Chan, a Singaporean, has been with McDonald’s for 12 years, most recently acting as regional manager in Malaysia, Taiwan and Korea, and managing director of its restaurants in Singapore.

Schwartz, a 40-year McDonald’s veteran, will retire from the company, the statement said. (Reporting by Michael Wei; Editing by Ken Wills)