Strategic Procurement Lead for Marine Industry
4 weeks ago
As a Strategic Procurement Lead at FURUNO SINGAPORE PTE. LTD., you will be responsible for managing the day-to-day activities of the procurement team, overseeing both Furuno and non-Furuno equipment, parts, and accessories. Your goal will be to optimize overall inventory levels, reduce slow-moving and surplus items within our group companies, and lead a team of procurement personnel in supporting the entire procurement process.
Key Responsibilities
- Provide leadership in the procurement team and manage manpower planning and requirements.
- Build and maintain good working relationships with customers, suppliers, and vendors.
- Establish and conduct regular reviews of procurement procedures and policies, including inventory documentation, listing, and policies across relevant departments.
- Work closely with other departments to plan and forecast demand for Furuno products, analyze trends, and update spreadsheets monthly.
- Liaise with suppliers, especially with Furuno HQ in Japan, to manage backorders at FEC and shipments from FEC to us, considering unexpected production/delivery delays.
- Involve in planning, sourcing, and recommending suitable materials, products, goods, and services in accordance with desired purchase conditions from local and overseas suppliers and vendors.
- Negotiate the best purchase price and payment terms and regularly review the cost-effectiveness and performance of suppliers and vendors based on market conditions and price trends.
- Determine the best purchase policy and select appropriate suppliers/vendors for bulk purchases.
- Ensure timely processing of purchase order requisitions, coordinate delivery schedules & timing with suppliers/vendors to meet required delivery schedule, and check product quality when goods are delivered.
Requirements
- Estimated salary range: SGD 120,000 - 180,000 per annum (dependent on experience).
- Minimum Degree in business or a related field with at least 8 years of related working experience.
- 5-10 years of related working experience, preferably in sales, marketing, procurement, logistics, or warehouse management.
- 3-5 years supervisory experience.
- Overseas working experience, including in Japan, is an advantage.
What We Offer
- Competitive salary and benefits package
- Opportunity to work with a reputable company in the marine industry
- Collaborative and dynamic work environment
- Professional development opportunities
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