Procurement and Inventory Manager

6 days ago

Singapore ADEMCO (FAR EAST) PTE LTD Full time

**Procurement**
- Manage and implement effective internal control on procurement function and activities in accordance with local rules, regulations, policies and strategies
- Develop and implement procurement strategies to maximize cost savings and ensure budgetary control such as demand aggregation and EOS
- Handle daily procurement operations such as sourcing and identifying vendors/suppliers, RFQ/RFP, processing orders and other documentations
- Negotiate and review all contracts with suppliers/subcontractors to streamline quality, price, payment terms and delivery processes to the organization
- Sourcing for varied suppliers/subcontractors to explore more purchasing channels
- Involve in vendor assessment, selection and evaluation
- Perform review of open Purchase Order and ensure open Purchase Orders are closed on a timely basis
- Ad-hoc duties as assigned by the Superior

**Inventory Management**
- Responsible for inventory control / adjustments / reporting / analysis
- Oversee & maintain an effective inventory control system in accordance with policies
- Maintain a good record of inventory transactions, such as Delivery Order, Good Receipt Note, Goods Return Note, Loan Items etc.
- Responsible for the Annual Inventory Count, Cyclical Inventory Count and stock adjustments and ensuring proper and accurate documentation
- Identify slow moving items and implement process improvements in inventory management deployment
- Execute month end closing requirements for Inventory-related transactions and reconciliation of inventory accounts to the general ledger

**Requirements**:

- Minimum degree in Business, Supply Chain Management, Logistics, or equivalent
- Minimum 5 years of experience in a strategic sourcing position
- Experience in logistics and familiarity with incoterms will be advantageous
- Able to manage a multitude of projects and/ or vendors simultaneously
- Meticulous and strong attention to details to ensure correct capture and issuing of orders
- Good knowledge of procurement best practices, contract agreement, financials and cost analysis

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