Procurement Associate
3 days ago
Global Supply Management (GSM) is responsible for helping AMEX maximize the purchasing power of third party spend. Strategic Sourcing & Business Enablement (SS&BE) is GSM’s face to AXP colleagues and suppliers. We provide strategic consultation, bringing global value perspective, negotiation, and delivery to maximize purchasing power of supplier spend and to free up investment capacity through deeper partnerships with our BUs. SS&BE is also responsible for managing our supplier strategy with our business partners, identifying, and on-boarding new suppliers, realizing significant cost saves and revenue generation, collaborating with Source to Contract team and ensuring an optimal user experience for AMEX colleagues and suppliers.
The Strategic Sourcing Associate is based in Singapore and reports into the SS&BE Market Lead ASEAN to support strategic sourcing and category plans in commodities such as Marketing, Professional Services, Human Resources across ASEAN. The role is required to collaborate with a team of Procurement colleagues in Singapore and remote based resources across the region and globally to identify and deploy strategies that will best achieve the business needs.
The role is expected to leverage market intelligence in the pursuit of optimizing supply alternatives and opportunities from competitive cost and high-quality service.
**Key Responsibilities**:
- Identifying, collaborating and executing on agreed sourcing and category plan strategies with Business Partners
- Performing RFI, market analysis, total cost modelling, benchmarking and spend analysis
- Supporting RFI/RFP/RFQ, supplier and negotiation process
- Conducting meetings between Amex and suppliers in support of RFI/RFPs and ensure project timelines and deliverables are met
- Tracking and providing regular reporting and updates to the relevant parties (including line management, regional/global GSM team and key stakeholders) on project status
- Leading or participating in cross markets/regional initiatives as defined by GSM leadership
- Leading sourcing activities across functional lines, markets, business units that have a major impact on American Express’ expense, revenue and profitability
**Minimum Qualifications**:
- Minimum of two years of procurement experience
- Evidence of strong procurement experience, competitive intelligence, and capabilities across all categories
- Procurement professional with operating knowledge of contract law, local/regional/global sourcing strategies, risk management, vendor due diligence, supplier development and complex negotiations skills
- Ability to manage day to day business priorities along with long term strategic deliverables
- Strong project management skills and financial experience including development of CBAs and financial models
- Passion for using analytics to develop insights and recommendations, solve business challenges, improve the customer experience, and drive bottom line results
- Strong communication and influencing skills with evidence of consistently delivering cost savings and value-add opportunities
- Ability to proactively drive internal stakeholder and external supplier relationships
- Positive attitude, flexibility and ability to deal with ambiguity and rapid change
- Experience with various eProcurement tools like Ariba Sourcing and Oracle will be advantageous
- Language Skills a plus
- University degree a plus
**Why American Express?**
At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we’re supporting our customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly redefining what’s possible — and we’re proud to back each other every step of the way. When you join #TeamAmex, you become part of a diverse community of over 60,000 colleagues, all with a common goal to deliver an exceptional customer experience every day. We back our colleagues with the support they need to thrive, professionally and personally. That’s why we have Amex Flex, our enterprise working model that provides greater flexibility to colleagues while ensuring we preserve the important aspects of our unique in-person culture. Depending on role and business needs, colleagues will either work onsite, in a hybrid model (combination of in-office and virtual days) or fully virtually.
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