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Procurement Specialist

2 weeks ago

Singapore beBeeprocurement Full time $3,000
Procurement Specialist

This is an exciting opportunity for a skilled Procurement Specialist to join our organization and drive purchasing excellence.

About the Role:
  • The successful candidate will be responsible for evaluating and selecting suppliers based on quality, cost, reliability, and lead times.
  • Negotiating contracts and pricing to secure favorable terms.
  • Issuing purchase orders and ensuring their timely execution.
  • Maintaining robust supplier relationships and managing supplier issues.

To achieve this, the Procurement Specialist will analyze market trends for potential cost-saving opportunities, monitor inventory levels, collaborate with production planning to forecast requirements, and manage inventory control procedures.

Key Responsibilities:
  1. Evaluate and select suppliers based on quality, cost, reliability, and lead times.
  2. Negotiate contracts and pricing to secure favorable terms.
  3. Issue purchase orders and ensure their timely execution.
  4. Maintain robust supplier relationships and manage supplier issues.
  5. Analyze market trends for potential cost-saving opportunities.
  6. Monitor inventory levels to guarantee the availability of key materials.
  7. Collaborate with production planning to forecast requirements.
  8. Manage inventory control procedures and address any discrepancies.
  9. Ensure all materials meet company quality standards and specifications.
  10. Liaise with the quality control team to resolve material issues.
  11. Implement strategies for cost reduction and monitor purchasing expenses.
  12. Manage purchasing budgets and generate reports on purchasing metrics.
  13. Maintain communication with production, engineering, and quality control teams.
  14. Keep detailed records of purchasing activities and contracts.
Requirements:
  • Min. Diploma in Supply Chain Management, Business Administration, or a related field
  • Min. 2 years of purchasing experience, preferably in a metal fabrication or manufacturing environment
  • Knowledge of metal fabrication processes and materials (e.g., steel, aluminium, stainless steel).
  • Familiarity with purchasing software and ERP systems