Procurement Specialist

Milagrita Global Food Corporation; Manila; On-site; PHP 334,800 - 446,400; Full time

Benefits offered by this job

Maternity & Paternity Leave

Sick Leave

Vacation Leave

Job summary

A leading food corporation in Manila is seeking a Procurement Specialist to manage the procurement lifecycle focusing on strategic sourcing, vendor negotiation, and order management. The ideal candidate will have 2-3 years of experience in procurement and a Bachelor's degree in a related field. Responsibilities include ensuring compliance, managing supplier relationships, and monitoring budgets. The company offers government-mandated benefits, including maternity and paternity leave, sick leave, and vacation leave.

Qualifications

• A minimum of 2-3 years of progressive experience in procurement.
• Strong focus on operational execution within supply chain management.
• Exceptional negotiation and analytical abilities.

Responsibilities

• Execute daily procurement activities and vendor accreditation.
• Manage the complete purchase order (PO) lifecycle.
• Collaborate with operations to contribute to demand forecasting.
• Monitor procurement budgets and track spending.
• Ensure compliance with company policies in procurement activities.

Skills

Negotiation skills

Analytical skills

Problem-solving skills

Attention to detail

Education

Bachelor’s degree in Business Administration or related field

Job description

On-site - Manila 1-3 Yrs Exp Bachelor Full-time

Job Description

The Procurement Specialist is instrumental in managing the end-to-end procurement lifecycle, focusing on the strategic sourcing, efficient ordering, and timely delivery of goods and services. This role is dedicated to optimizing cost-effectiveness, ensuring high supplier performance, and maintaining meticulous accuracy in order management to guarantee the uninterrupted flow of business operations.

Key Responsibilities:

Strategic Sourcing & Procurement

• Execute daily procurement activities, including sourcing, vendor accreditation, and negotiation.
• Identify and vet reliable vendors, maintaining and updating a comprehensive supplier database.
• Achieve cost-effective purchasing while upholding stringent quality standards.
• Conduct regular price comparisons and in-depth market analysis to inform sourcing strategies.

Order Management (Core Function)

• Manage the complete purchase order (PO) lifecycle:
• Validate purchase requests.
• Prepare and process POs for approval.
• Place orders with suppliers.
• Track and monitor deliveries.
• Ensure the absolute accuracy of all orders, verifying quantity, specifications, pricing, and terms.
• Proactively monitor order status and lead times to preempt delays or stockouts.
• Coordinate closely with warehouse, commissary, and store branches to align order requirements with operational needs.

Inventory & Demand Coordination

• Collaborate with operations and warehouse teams to contribute to demand forecasting.
• Assist in ensuring optimal stock levels are maintained across all branches.
• Support initiatives to prevent overstocking, minimize wastage, and avoid stockouts.
• Monitor fast-moving and critical inventory items.
• Contribute to the evaluation of supplier performance based on quality, delivery time, and pricing.
• Support the management of supplier relationships and assist in resolving issues.
• Ensure supplier adherence to company standards and contractual obligations.
• Participate in negotiations for favorable terms, including pricing, credit terms, and delivery schedules.

Cost Control & Budget Adherence

• Monitor procurement budgets and track spending against allocated funds.
• Identify and propose potential cost-saving opportunities within the procurement process.
• Ensure all purchases are aligned with approved budgets and financial plans.

Compliance & Documentation

• Ensure all procurement activities comply with company policies and relevant audit requirements.
• Maintain accurate and organized records for audit and reporting purposes.
• Support the implementation of internal controls to prevent fraud or misuse.

Reporting & Analysis

• Purchase summaries.
• Analyze procurement data to identify trends, inefficiencies, and opportunities for improvement in decision-making.

Qualifications

• Bachelor’s degree in Business Administration, Supply Chain Management, Commerce, or a related field.
• A minimum of 2-3 years of progressive experience in procurement, with a strong focus on operational execution.
• Exceptional negotiation, analytical, and problem-solving skills.
• Strong understanding of supply chain principles and best practices.
• Excellent attention to detail and organizational abilities.

Government Mandated Benefits

Maternity & Paternity Leave, Sick Leave, Vacation Leave