Procurement & Inventory Executive

3 days ago

Changi East Region, Singapore Future Electronics Full time $60,000 - $80,000 per year

The internal title for this position is
Product Manager – Asset
, but it will be advertised externally as
Procurement & Inventory Executive
to better align with market job titles and candidate expectations.

JOB PURPOSE

The Product Manager – Asset will report to the Senior Product Manager – Asset and is responsible to ensure the optimum management of regional inventory levels for a given product portfolio to meet the requirements of sales for a given business unit, while managing business risk and reducing any excess/bad inventory. The role interfaces extensively with suppliers to validate lead times and /or specific stock. Building and maintaining supplier relationships will also be an integral part of this role.

PRINCIPAL ACCOUNTABILITIES:

Maintain / increase good inventory turns and reduce XB inventory. Prompt buy placement and consistence PBO review.

JOB CONTENT:

  • Daily purchases through IMS- Inventory Management System, either local suppliers purchases or global transfers from Memphis or UK
  • Purchase backorder review – to monitor the inflow of product PBO (Packed By Owner), to maximize assets via Inventory Management System.
  • Coordinate stocking packages with Product Marketing.
  • Profile inventory (common bond, customer specific, NCNR (Non-cancelable, Non-Returnable)
  • Coordinate programs to decrease bad and excess inventory.
  • Resolve pricing discrepancies with marketing / suppliers.
  • Resolve receiving discrepancies with APDC (Asia Pacific Distribution Center) / marketing.
  • Resolve rejected transfers with Corporate or UK.
  • Ensure proper management of RTV (Return To Vendor) quality issues with suppliers.
  • Coordinate with Marketer and Senior Product Manager- Asset on stock rotation quantity and amount and arrange returns with APDC and RMA department.
  • Ensure prompt release of purchase order to supplier.
  • Ensure relevant documents are in place prior to buy related to CUSPEC (Customer Specific) / NCNR parts.
  • Ensure all requirements are meet / fulfilled according to Asset Buy Process SOP
  • Ensure PBO fulfillment is meet – e.g. POP (Point Of Purchase) budget
  • Meet management set quarterly inventory / PBO target.
  • Provide guidance to MSR- Marketing Support Representative.
  • Weekly review with Senior Product Manager- Asset on Inventory / PBO and all Asset related issue.

REQUIREMENTS:

  • At least a Diploma qualification or equivalent in a relevant field of study.
  • 2 years of relevant experience in a purchasing or similar capacity is highly advantageous.
  • Strong knowledge in Microsoft Excel is required for this position.
  • Candidates without prior relevant experience are welcome to apply.

  • Executive, Procurement

    1 week ago

    Jurong East, Singapore Sia Huat Pte Ltd Full time

    **Job highlights**: - 5-day work week - Work-Life Balance - Medical Insurance **Job Duties**: - Manage assigned inventory scope within allocated purchase budget to minimize out-of-stock incidence and maximize order fulfilment levels whilst simultaneously replenishing inventory prudently to increase inventory turns - Manage internal dialogues and feedback...

  • Procurement Executive

    3 days ago

    East Region, Singapore Reeracoen Singapore Pte Ltd Full time $40,000 - $60,000 per year

    Job title: Procurement Executive (Japanese Speaking)Reference ID: 33136Our Client is one of the top-ranking Contact Solutions Companies recognised by the world's leading semiconductor manufacturers. They are currently looking for a Procurement Executive (Japanese Speaking) to ensure all the orders received from customers through sales are processed correctly...

  • Procurement Executive

    3 days ago

    East Region, Singapore STAFFKING PTE LTD Full time $40,000 - $60,000 per year

    Summary Benefits:Basic Up to $45005 Working Days, Office HoursLocations: West / EastGood Company BenefitsResponsibilities:Handle the full spectrum of procurement activities, including sourcing, negotiating, and purchasing of materials, components, and equipment from local and overseas suppliersProcess purchase requisitions from internal teams (Sales,...

  • Procurement Executive

    1 week ago

    East Region, Singapore JK TECHNOLOGY PTE LTD Full time $104,000 - $130,878 per year

    Responsibilities:To conduct sourcing, evaluate & Request for Quotation from suppliers.Proactively communicate with vendors and negotiate for the best deal, terms and contracts.To process purchase requisition and raise PO timely.To follow up with vendors in ensuring on time delivery performances are met.To manage and coordinate the procurement requirements...

  • Procurement Executive

    3 days ago

    Central Region, Singapore Alfa Medicus Pte Ltd Full time $90,000 - $120,000 per year

    The Procurement Executive is responsible for managing the end-to-end procurement process for medical instruments, devices, consumables, and other supplies. This role involves daily procurement operations, strategic negotiations, inventory management, and ensuring compliance with regulatory requirements across all surgery centers and the corporate office.Key...

  • Procurement Executive

    2 weeks ago

    East Region, Singapore People Advantage Pte Ltd Full time $60,000 - $120,000 per year

    The Role:As a Procurement Executive / Assistant Manager, you will play a key role in managing procurement operations and vendor relationships to support business objectives. Your responsibilities will include:Managing the full procurement cycle, from sourcing suppliers to issuing purchase ordersConducting vendor negotiations to achieve cost savings and...

  • Procurement Executive

    3 days ago

    East Region, Singapore Rigel Technology (S) Pte Ltd Full time $60,000 - $120,000 per year

    Job responsibilities:Daily Purchasing OperationsProcess daily purchase requisitions received from internal sales, project, and operations teams.Manage purchasing activities with assigned OEM suppliers, ensuring timely issuance of purchase orders (POs) based on approved SKUs and forecasts.Monitor and follow up on order confirmations, production progress,...

  • Procurement and Logistics Executive #65206

    7 days ago

    Changi, Singapore Anradus Pte Ltd Full time

    Industry/ Organization Type: Wholesaler/ Distribution - Position Title**:Procurement and Logistics Executive**: - Working Location: Changi North - Working Hours: Mon - Fri, 8 am - 5.30 pm; 1 half-day Saturday per month, 8 am - 12 pm - Salary Package**:Basic up to $3,500 + Attendance Allowance + AWS + Variable Bonus**: - Duration: Permanent **Key...

  • Procurement and Logistics Executive #65206

    4 days ago

    Changi, Singapore Anradus Pte Ltd Full time

    Industry/ Organization Type: Wholesaler/ Distribution - Position Title**:Procurement and Logistics Executive**: - Working Location: Changi North - Working Hours: Mon - Fri, 8 am - 5.30 pm; 1 half-day Saturday per month, 8 am - 12 pm - Salary Package**:Basic up to $3,500 + Attendance Allowance + AWS + Variable Bonus**: - Duration: Permanent **Key...

  • Procurement and Logistics Executive #65206

    9 hours ago

    Changi, Singapore Anradus Pte Ltd Full time

    Industry/ Organization Type: Wholesaler/ Distribution - Position Title**:Procurement and Logistics Executive**: - Working Location: Changi North - Working Hours: Mon - Fri, 8 am - 5.30 pm; 1 half-day Saturday per month, 8 am - 12 pm - Salary Package**:Basic up to $3,500 + Attendance Allowance + AWS + Variable Bonus**: - Duration: Permanent **Key...