Procurement Manager

5 days ago

Boon Lay, Singapore Markono Holdings Full time

**Responsibilities**
- Working alongside the senior management team, you will be responsible for the overall purchasing strategy, materials demand forecasting and cost estimation activities for the business
- Ensure that procurement strategies and processes put in place meets business objectives and operational needs in terms of price, quality and delivery targets
- Ensure that the end-to-end function of Procurement operates in line with the objectives of the business by adding value, mitigating supply chain risk and delivering cost savings
- Maintain a detailed knowledge of the market, including vendors and their strategies as well as market movements and trends
- Advise and influence key internal stakeholders to adopt recommended direct materials that optimises production and minimises wastage that ultimately creates value for the customers
- Develop an overall vendor base, maintain vendor relationships and implement a rigorous vendor evaluation and selection process to measure effective vendor performance and compliance
- Responsible for crafting negotiation strategies with vendor to ensure value for money, high quality standards and delivery terms
- Communicate with stakeholders the impact of market change and potential effects on supply. Recommend solutions without compromising quality or service while optimising cost.
- Ensure procurement policies and workflows comply with regulatory, safety and quality requirements
- Devise key performance indicators (KPIs) to evaluate effectiveness and efficiency of procurement workflows
- Analyse relevant data (e.g., vendor category, spend analysis reports) and propose changes to sourcing strategies, procurement policies and workflows
- Analyse viability of proposed continuous improvement initiatives and drive change management
- Lead the Procurement team in delivering the appropriate support to the business

**Requirements**:
Bachelor’s Degree in Supply Chain Management, Business Administration, Purchasing Management with 10 years of experience or Diploma with 15 years of experience in Manufacturing or Supply Chain Management Experience in development of strategic sourcing, procurement, supply chain management, vendor management, negotiation, project management and/or cost and price analysis Proven Procurement Functional Lead track record in manufacturing or engineering sector Excellent interpersonal, negotiation and communication skills Excellent organizational and leadership skills Excellent relationship management skills with the ability to engage, negotiate and manage key stakeholders and suppliers Flexible and adaptable to change

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