Procurement Manager

2 weeks ago

Singapore Rentokil Initial Full time

The Role:

  • Managing all activities related to the purchases of the products needed by the company at the best possible cost.
  • Oversee and ensure the company stays in control of its inventory needs and to ensure that the right products are delivered to the right location on time and at a good cost.

General Duties & Responsibilities

  • Lead procurement activities related to Country Business Operations (Direct/Indirect).
  • Negotiate and purchase products/goods at the most competitive price, and value and delivered on time.
  • Actively sourcing, benchmarking & negotiating to determine the lowest cost vs quality for innovation, and alternatives.
  • Responsible for timely issuance of Purchase Orders in accordance with the company's policies and procedures, and adhering to the authority matrix set up by Finance.
  • Continually improve the purchasing/procurement procedures and drive down external spending.
  • Ensure a wellmaintained procurement database either through our system or manual records/documentation.
  • Utilize system, data, and technology to identify cost savings and monitor spend analysis
  • Build strong working relationships with both internal and external suppliers.
  • Ability to continually identify new suppliers, agree on terms and negotiate supply agreements where appropriate, including discount structure, volume rebates, or cost reduction.
  • Evaluate prospective suppliers according to the company's expected quality and commercial standards.
  • Ensure regulatory and compliance standards are adhered to and ensure appropriate approval is in place for products delivered to Singapore.
  • Manage product quality complaints.
  • Plan, organize, and maintain the fleet's activities.
  • Prepare reports/data of procurement from time to time, as may be required by the country or Regional
  • Meeting Annual Cost Savings KPI and responsible to report cost savings initiatives via BTS system.
  • Any other tasks as assigned by Senior Management.

Inventory Management activities would cover some or all of the following:

  • Replenishment Lead time & On-time replenishment of inventory to business
  • Responsible for the total carrying cost of Inventory
  • Physical inventory, stock accuracy & minimized stock variance
  • Inventory Forecasting in collaboration with crossfunctional teams
  • Maintain optimal inventory level to ensure timely availability of products
  • Participate in Monthly Stock Take
  • Review Stock Issuance usage and report any movement of concern.

Core competencies, knowledge, skills & Abilities

  • Handson knowledge of procurement procedures and best practices.
  • Ability to promote integrity and business ethics.
  • Proficiency to supervise, lead and manage effectively staff members to deliver results.
  • Demonstrate mature judgment, trust, and open communication; ability to ensure effective teamwork, collaborative behavior, and team spirit.
  • Excellent verbal and written communication skills to technical and nontechnical audiences of various levels in the organization, for example, executives, management, and individual contributors.
  • Excellent negotiation skills and proven record in ability to drive cost savings initiatives and deliver the best cost at the best value.
  • Strong analytical skills with the ability to make projections for future expenses.
  • Strong ability to multitask and prioritize work.
  • Proficiency to operate independently.

Educational / Other Requirements

  • Tertiary qualifications (or it's equivalent) in the following fields Procurement, Business Administration, Commerce, Economics, or related field.
  • At least min. 5 years of progressively responsible experience in the delivery and management of procurement services.
- +3 years experience in managing a team in a sub-functional environment.

  • Experience in using Inventory Management System.

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