Procurement Specialist for Material Sourcing
6 days ago
Job Title: Procurement Specialist for Material Sourcing
Company Overview:
PEAK OCEAN PTE. LTD. is a leading provider of innovative solutions for the offshore industry.
Salary:
R155,2011 per annum, depending on experience.
Job Description:
We are seeking a highly skilled Procurement Specialist to join our team in Singapore. The successful candidate will be responsible for ensuring the right material and services are provided at the optimum price, delivery, and favourable terms & conditions.
Key Responsibilities:
- Evaluate technical proposals based on engineering specifications.
- Negotiate with suppliers to obtain the best prices, delivery times, and terms & conditions.
- Source, purchase, and manage materials and services from identified sources, both locally and overseas.
- Advise requestors on supplier selection and purchase terms & conditions.
- Generate purchase orders, monitor, and follow up on deliveries.
- Review supplier performance on price and delivery and coordinate with suppliers and QA/QC on quality issues.
- Compile purchasing statistics and reports as required.
- Liaise with Finance/Account staff on vendor credits applications and bank & financial instruments.
- Liaise with other departments on procurement matters where necessary.
- To be involved in vendors' qualification and assessment as per ISO procedures.
- Conduct due diligence of identified sources and facilitate their pre-qualification.
- Monitor market trends for raw materials and proactively take actions in response.
- Prepare bidder lists and releases requests for quotations;
- Prepare bid tabs and analytically evaluate proposals in terms of commercial and technical requirements.
- Comply with established deadlines.
- Establish and maintain strong business relationships with suppliers.
- Anticipate and elevate potential challenges/problems.
- Engage in problem-solving.
- Maintain integrity of electronic files.
- Follow procurement policies and procedures.
- Comply with Code of Business Ethics and Conduct.
- Provide administrative support to the procurement team.
- Handle registration of Request for Quote (RFQ), Purchase Requisitions (PR), and Purchase Orders (PO).
- Generation of PR-PO weekly report.
- Monitor flow of PRs and update status of PRs' approval in the Procurement Order System.
- Faxing of confirmed signed POs to vendors.
- Filing of PO/PR, Fax, emails, quotations, and correspondences.
- Updating new vendors in master list and record.
- Assisting in Annual Vendors Assessment exercise.
- Assist in raising service or purchase orders to painting, transport, and logistics providers.
- Provide inter-department communication support.
Required Skills and Qualifications:
- Diploma in Purchasing Management/Supply Chain Management/Engineering or equivalent.
- Good experience in buying different types of piping & 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.
Benefits:
Opportunities for career growth and development in a dynamic and innovative organization.
Location: This role is based in Singapore.
About Us: PEAK OCEAN PTE. LTD. is committed to providing innovative solutions for the offshore industry.
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