Materials Sourcing Specialist
3 days ago
Job Description:
As a Materials Sourcing Specialist at PEAK OCEAN PTE. LTD., you will play a crucial role in ensuring the procurement of high-quality materials and services for our operations. Your expertise in sourcing, negotiating, and purchasing materials will be instrumental in achieving our objectives.
Key Responsibilities:
- Evaluate technical proposals based on engineering specifications to ensure compliance with industry standards;
- Negotiate with suppliers to obtain optimal pricing, delivery, and favorable terms and conditions;
- Source and procure materials and services from identified sources, both locally and internationally;
- Advise requestors on supplier selection and purchase terms and conditions;
- Monitor and follow up on delivery of goods and services, as well as expedite with suppliers as necessary;
- Review supplier performance on price and delivery, and coordinate with suppliers and QA/QC on quality issues;
- Compile purchasing statistics and reports on assigned materials/commodities, as required;
- Liaise with Finance/Account staff on vendor credit applications, bank and financial instruments;
- Liaise with other departments on procurement matters, as necessary;
- Participate in vendor qualification and assessment processes in accordance with ISO procedures;
- Conduct due diligence on identified sources and facilitate their pre-qualification;
- Monitor and proactively address market trends for raw materials;
- Prepare bidder lists and releases requests for quotations;
- Prepare bid tabs and analytically evaluate proposals based on commercial and technical requirements;
- Maintain strong business relationships with suppliers;
- Anticipate and proactively resolve potential challenges/problems;
- Engage in problem-solving and maintain integrity of electronic files;
- Ensure adherence to procurement policies and procedures, as well as the Code of Business Ethics and Conduct;
- Provide administrative support to the procurement team, including handling RFQs, PRs, and POs;
- Generate weekly reports on PRs and POs; and
- Fax confirmed signed POs to vendors, update records, and file relevant documents.
Requirements:
- Diploma in Purchasing Management, Supply Chain Management, or Engineering, or equivalent;
- Good experience in buying different types of piping and steel materials;
- Able to work independently, meticulously, and analytically with excellent problem-solving skills;
- Strong commercial acumen and negotiation skills;
- Good knowledge of financial and legal terms;
- Possess analytical and problem-solving skills, with the ability to think critically and make informed decisions;
- Able to communicate effectively with stakeholders, both verbally and in writing;
- Proficient in Microsoft Office, particularly Excel, Word, and Outlook;
- Ability to work in a fast-paced environment, with multiple priorities and deadlines;
- Excellent organizational and time management skills, with the ability to prioritize tasks effectively;
- Knowledge of inventory management principles and practices;
- Ability to travel locally and internationally, as required;
- Fluency in English language, both spoken and written;
- Passion for delivering results and exceeding expectations;
- Commitment to maintaining confidentiality and adhering to company policies and procedures.
What We Offer:
- A competitive salary range of SGD 60,000 - SGD 80,000 per annum;
- A comprehensive benefits package, including medical insurance, retirement plan, and paid leave;
- Ongoing training and development opportunities to enhance your skills and knowledge;
- A dynamic and supportive work environment that fosters collaboration and innovation;
- The opportunity to work with a leading organization in the offshore industry, with a reputation for excellence and integrity.
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