Procurement manager

4 weeks ago

Singapore Chartered Institute Of Procurement And Supply Full time

Key Responsibilities:

  • Managing all activities related to the purchases of the products needed by the company at the best possible cost.
  • Oversee and ensure the company stays in control of its inventory needs and to ensure that the right products are delivered to the right location on time and at a good cost.General Duties & Responsibilities:
  • Lead procurement activities related to Country Business Operations (Direct/Indirect).
  • Negotiate and purchase products/goods at the most competitive price, and value and delivered on time.
  • Actively sourcing, benchmarking & negotiating to determine the lowest cost vs quality - for innovation, and alternatives.
  • Responsible for timely issuance of Purchase Orders in accordance with the company's policies and procedures, and adhering to the authority matrix set up by Finance.
  • Continually improve the purchasing/procurement procedures and drive down external spending.
  • Ensure a well-maintained procurement database either through our system or manual records/documentation.
  • Utilize system, data, and technology to identify cost savings and monitor spend analysis.
  • Build strong working relationships with both internal and external suppliers.
  • Ability to continually identify new suppliers, agree on terms and negotiate supply agreements where appropriate, including discount structure, volume rebates, or cost reduction.
  • Evaluate prospective suppliers according to the company's expected quality and commercial standards.
  • Ensure regulatory and compliance standards are adhered to and ensure appropriate approval is in place for products delivered to Singapore.
  • Manage product quality complaints.
  • Plan, organize, and maintain the fleet's activities.
  • Prepare reports/data of procurement from time to time, as may be required by the country or Regional.
  • Meeting Annual Cost Savings KPI and responsible to report cost savings initiatives via BTS system.
  • Any other tasks as assigned by Senior Management.Inventory Management activities would cover some or all of the following:
  • Replenishment Lead time & On-time replenishment of inventory to business.
  • Responsible for the total carrying cost of Inventory.
  • Physical inventory, stock accuracy & minimized stock variance.
  • Inventory Forecasting - in collaboration with cross-functional teams.
  • Maintain optimal inventory level to ensure timely availability of products.
  • Participate in Monthly Stock Take.
  • Review Stock Issuance usage and report any movement of concern.Core competencies, knowledge, skills & abilities:
  • Hands-on knowledge of procurement procedures and best practices.
  • Ability to promote integrity and business ethics.
  • Proficiency to supervise, lead and manage effectively staff members to deliver results.
  • Demonstrate mature judgment, trust, and open communication; ability to ensure effective teamwork, collaborative behavior, and team spirit.
  • Excellent verbal and written communication skills to technical and non-technical audiences of various levels in the organization, for example, executives, management, and individual contributors.
  • Excellent negotiation skills and proven record in ability to drive cost savings initiatives and deliver the best cost at the best value.
  • Strong analytical skills with the ability to make projections for future expenses.
  • Strong ability to multi-task and prioritize work.
  • Proficiency to operate independently.Requirements:
  • Tertiary qualifications (or its equivalent) in the following fields Procurement, Business Administration, Commerce, Economics, or related field.
  • At least min. 5 years of progressively responsible experience in the delivery and management of procurement services.
  • +3 years experience in managing a team in a sub-functional environment.
  • Experience in using Inventory Management System.
  • Proficient in the use of computer applications and systems (eg Windows/Chrome Book).Benefits:Work Location: 16 Jalan Mesin Singapore 368815

5 day work week: 8.30am to 5.45pm
Medical and Dental Benefits
Insurance coverage to our employees#J-18808-Ljbffr

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