Procurement Manager

6 days ago


Kallang, Singapore Straitdeer Pte. Ltd. Full time $80,000 - $120,000 per year

What you will be responsible for:

Strategic Procurement Planning:

  • Develop and implement comprehensive procurement strategies that support the company's business goals and objectives.
  • Conduct market research to identify potential suppliers, evaluate their capabilities, and negotiate terms and conditions.
  • Monitor market trends, including price fluctuations, supplier performance, and new technologies, to adjust procurement strategies accordingly.

Supplier Management:

  • Establish and maintain relationships with key suppliers, ensuring high levels of service, quality, and cost-effectiveness.
  • Conduct regular supplier performance evaluations and implement corrective actions as necessary.
  • Facilitate supplier development programs to enhance supplier capabilities and drive continuous improvement.

Cost Management:

  • Lead cost reduction initiatives through strategic sourcing, negotiation, and contract management.
  • Analyze spending patterns and identify opportunities for cost savings and efficiency improvements.
  • Collaborate with cross-functional teams to ensure procurement decisions align with overall budget and financial targets.

Cross -Departmental Collaboration and Demand Management

  • Liaise with business and R&D departments to clarify material specifications, technical standards, and delivery timelines.
  • Participate in new projects by providing supplier resources and cost recommendations.

Procurement Operations:

  • Manage the procurement process from requisition to payment, ensuring compliance with company policies, procedures, and legal requirements.
  • Oversee the development and maintenance of procurement documentation, including contracts, purchase orders, and invoices.
  • Implement and monitor procurement performance metrics to measure effectiveness and drive continuous improvement.

Compliance and Risk Management:

  • Ensure all procurement activities comply with company policies, industry standards, and legal regulations.
  • Implement risk management strategies to mitigate potential procurement risks, including supplier failure, supply chain disruptions, and market volatility.
  • Conduct regular audits and reviews to ensure compliance and identify areas for improvement.

How you will stand out:

  • Possess excellent professional ethics and collaboration with own and cross-functional team members, striving to maximize corporate benefits.
  • Possess clear logical thought process, and communication skills, and be able to adapt to cross-regional work scenarios
  • Willing to accept challenges and take responsibilities, posses strong ability to manage work pressure and time.
  • Results-oriented, and when facing complex problems, can focus on core objectives, coordinate internal and external resources to solve problems, rather than being limited by processes or challenges
  • Able to adapt to work demands such as business trips and overtime when needed

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