Procurement Engineer
2 days ago
Overview As a global leader in custom compounding, Teknor Apex has always ventured beyond the boundaries of traditional thinking, providing our employees with the freedom for innovative and strategic thought. With nine U.S. locations and operations in Belgium, Germany, Singapore, and China, we provide an atmosphere that stimulates and develops our diverse workforce in an effort to bring together the best ideas and talent across all divisions. We are currently looking for a Procurement Engineer to be based in Singapore to use their specialized knowledge to maintain an efficient procurement system to supply cost effective materials and services to support the company's operations. Job Responsibilities Support the procurement function and other relevant departments and communicate any supply problems which may impact on business operations. Act as an interface between suppliers and relevant departments on purchasing processes and new projects and activities. Manage the day-to-day of procurement activities, engagement with stakeholders to ensure materials and/or services needed for business success. Ensure compliance with regulations and company standards and procedures. Responsible for the Procurement management and operations process including procurement information flow – suppliers information maintenance, items suppliers' connection, supplier agreements and supplier basic data like company information, MOQ, order multiple, responsible personnel, etc. Proactive in working with key stakeholders to assess risk, review future strategies, forecast accuracy, identify potential costs down, new programs and improvement opportunities or mitigate the risk. Create and review opportunities on alternative materials and/or suppliers to meet the business unit objectives in procurement activities and deliver the best values and business savings. Develop strong partnership with suppliers. Monitor market trends, competitor strategies and market suppliers, provide analysis on costs, and review costs to achieve savings. Establish relationships with suppliers to leverage the needs in terms of tight supply situation as well as to be ahead of the market requirement. Collaborating with technology to understand our company needs as well as working with our existing/new suppliers to determine company strategic alignment. Contribute and communicate the impact on procurement activities to stakeholders when situations arise like trends of raw material or feedstock related, market change and potential effects on supply. Participate in Sales & Operations Planning meetings to update the information. Contribute and communicate the impact on procurement activities to new business initiatives and projects. Involve in Global procurement project activities to maintain Global-Regional alignment. Develop and maintain reports or dashboards to support procurement performance monitoring. Analyze procurement spend data to identify trends and variances. Develop and implement a strategic sourcing plan to meet business needs. Communicate and update the plan regularly based on market trends, supplier capabilities and business priorities. Proactively engage with stakeholders to review repetitive/critical supplier corrective actions and develop an annual supplier audit program where applicable. Regularly review and monitor supplier performance i.e. quality and delivery performance, supplier approval records and qualifications. Contribute and participate in supplier audits when required. Maintain appropriate documentation in accordance with ISO procedures. Job Requirements 2 – 5+ years of experience in procurement, project-based procurement or supply chain roles. Tech-savvy with experience in computer skills, digital procurement processes and data analytics tools. Work Experience Strong understanding of technical specifications, and material standards. Knowledge of procurement software and ERP systems. Knowledge of contract management, and international procurement regulations. Good in negotiation and communication skills. Understanding of cost analysis, and strategic sourcing. Specific Knowledge Facility Management. Leadership Good sourcing skills Accountability. Language Bilingual or Multi-Lingual candidates preferred Others Strong analytical skills Negotiation skills Team Player #J-18808-Ljbffr
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