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Senior Procurement Specialist

2 months ago

Singapore VENTURE COVE PTE. LTD. Full time
Job Title: Senior Procurement Specialist

We are seeking a highly skilled Senior Procurement Specialist to join our team at Venture Cove Pte. Ltd. in Singapore. As a key member of our procurement team, you will be responsible for procuring major equipment and materials for assigned projects, ensuring that project equipment and materials are purchased within budget and in accordance with project specification requirements.

Key Responsibilities:
  • Procure major equipment and materials for assigned projects
  • Ensure project equipment and materials are purchased within budget and in accordance with project specification requirements
  • Execute packages, supplier performance evaluation, sourcing strategy, developing new suppliers, and obtaining significant cost savings for assigned projects
  • Comply with client's Code of Business Conduct and Ethics, and Anti-Corruption Compliance Policy
  • Take responsibility for evaluating and correcting Health, Safety, and Environmental risks and conditions while performing works
  • Expertise in handling emergency situations
  • Effectively handle dollar value purchases between US$ million annually
  • Develop solutions to non-recurring problems by independently analyzing, interpreting, and evaluating data
  • Work with Engineering, Operations, and Quality to establish product integrity, performance, and delivery measures for assigned area
  • Communicate performance to supplier and work to proactively resolve issues
  • Track and evaluate supplier performance based on pre-determined measures
  • SOURCE COMPONENT OR SERVICES FROM APPROVED SUPPLIER LIST, EVALUATE RFQ'S (REQUEST FOR QUOTE), NEGOTIATE PRICE, QUALITY, AND DELIVERY, SELECT SUPPLIER, AND PLACE PURCHASE ORDERS IN CONFORMANCE TO LOCAL AND CORPORATE OPERATING PROCEDURES AND ETHICAL CODES OF CONDUCT
  • Research and source suppliers for new items and recommend adding suppliers to approved list
  • Identify and qualify new suppliers and/or subcontractors and prepare documentation to recommend adding to approved supplier list pursuant to local Operating Procedures
  • Capable of assisting the team in the development and execution of sourcing strategies
  • Analyze and evaluate quotes to determine supplier selection
  • Maintain Procurement status reports for weekly review with the Project team
  • Identify and realize cost savings opportunities to achieve yearly cost reduction targets
Requirements:
  • Diploma/ Degree in engineering, business administration, supply chain, operations, or related field preferred
  • Minimum 8 years professional experience applying fundamental concepts, practices, and procedures in purchasing or materials management in an Oil and Gas. Offshore Energy sectors
  • Industry expertise
  • Must have an understanding of procurement processes and demonstrate knowledge of assigned commodities and services
  • Computer Proficiency skills including working familiarity with Microsoft Word, Excel, PowerPoint, and ERP (SAP), Procurement related Software
  • Demonstrates solid understanding of policies & procedures that apply to assignments
  • Procurement Policies and Procedures, Product Knowledge, Purchasing Departmental Work Instructions (DWI's), Procurement Software Training
  • Performs some advanced duties as part of training and development
  • HSE awareness, Office safety, New hire orientation (include HSE awareness)
  • Adaptable with the general working conditions (i.e., noise level, temperature, around heavy machinery)
  • May need to travel for supplier meetings and suppliers monitoring, or assignment to a foreign work location
  • May need to involve in lifting, pushing, climbing, so he/she must need to be physically very strong and fit
  • Frequent sitting and operating of a computer
  • Can work effectively in a fast-paced atmosphere with multiple priorities and constant change
  • Language Proficiencies in English & Chinese as he/ she needs to communicate with the Chinese speaking clients, stakeholders, vendors, and staffs
  • Excellent communication skills
  • Problem-solving aptitude
  • Self-motivator/starter, great interpersonal skills, good market network, able to roll up sleeves to perform entry-level procurement to mid-level procurement