Sourcing Executive

2 days ago

singapore GRAND VENTURE TECHNOLOGY PRIVATE LIMITED Full-time

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Job Responsibilities:

Source and assess suppliers and vendors while requesting and comparing quotations.
Prepare comprehensive cost analyses and product cost breakdowns.
Negotiate pricing, payment terms, and delivery schedules effectively.
Monitor material costs and identify opportunities for cost savings.
Maintain supplier relationships and performance records diligently.
Support procurement, budgeting, and inventory planning initiatives.
Ensure compliance with sourcing and purchasing policies.

Requirements:

Diploma in Supply Chain Management, Procurement, Business Administration, Engineering, or equivalent.
Minimum of 2-5 years of experience in costing, sourcing, procurement, or purchasing within a manufacturing environment.
Demonstrated experience in sourcing precision machining or sheet metal
Strong knowledge of BOM (Bill of Materials) costing and product cost analysis.
Familiarity with RFQ/RFP processes, supplier selection, and vendor management.
Proficient in Microsoft Excel and ERP/MRP
Strong analytical, communication, and problem-solving skills.
Ability to work with cross-functional teams, including Engineering, Production, Planning, and Sales.
Capacity to work under tight deadlines and manage multiple projects simultaneously.