Strategic Sourcing Manager
3 days ago
ADEMCO (FAR EAST) PTE LTD is seeking a highly skilled Procurement Executive to join our team.
Job Summary:The Procurement Executive will be responsible for sourcing and evaluating new vendors, negotiating prices, and managing delivery schedules. This role requires strong analytical and communication skills, as well as the ability to work independently and as part of a team.
Responsibilities:- Sourcing and Vendor Management: Provide support to the Purchasing manager in sourcing and evaluating new vendors for supply of identified materials. Negotiate with new and existing vendors to ensure supply of material in the most cost-efficient manner within agreed price target and budget.
- Delivery and Logistics: Work closely with the sales team to track and monitor delivery of purchased items within agreed schedule and confirm delivery of items per agreed specifications by respective vendors.
- Vendor Performance Review: Conduct periodic review of existing vendors, provide recommendations to ensure vendor performance on pricing, quality, and delivery.
- Policies and Procedures: Support management in reviewing and recommending sourcing/procurement policies, including the use of appropriate tools to meet company's evolving business needs.
- Administrative Tasks: Issue purchase orders and expedite delivery in a timely manner.
- Analysis and Improvement: Develop analysis tools with system to enhance job and intensify control and continuous improvement.
- Sub-Contract Control: Co-develop and implement sub-contract control and tracking with local and overseas vendors.
- Cost Reduction: Drive cost reduction projects with monthly report and action items.
- Education: Minimum diploma or degree in Business, Supply Chain Management, Logistics, or equivalent.
- Experience: Minimum 3 years of experience in a strategic sourcing position.
- Skills: Ability to manage multiple projects and/or vendors simultaneously, meticulous attention to details, and strong analytical skills.
- Knowledge: Good knowledge of procurement best practices, contract agreement, financials, and cost analysis. Experience in logistics and familiarity with incoterms will be advantageous.
$80,000 - $120,000 per annum, depending on experience.
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