BUYER

ALBEDO DESIGN PTE. LTD.; Singapore; On-site; SGD 39,000 - 61,000; Full time

Job summary

ALBEDO DESIGN PTE. LTD. in Singapore seeks a proactive Procurement Specialist to identify and manage supplier relationships, negotiate terms, and ensure timely purchases that meet project needs.

You will monitor supplier performance, conduct cost analyses, and implement cost-saving initiatives while maintaining quality. This role requires a bachelor's in business-related field, 1+ year procurement experience, and strong negotiation, communication, and detail-oriented skills.

Qualifications

• Bachelor's degree in Business Management or related field.
• 1+ year experience in procurement or related field.
• Familiarity with procurement processes and supplier management.
• Strong negotiation and communication skills.
• Analytical and detail-oriented with good record-keeping.

Responsibilities

• Identify, evaluate, and establish relationships with suppliers.
• Negotiate terms to secure favourable agreements.
• Monitor supplier performance and address issues.
• Collaborate with departments to understand procurement needs.
• Develop procurement plans aligned with goals and budget.
• Ensure timely and efficient procurement processes.
• Conduct cost analyses to inform purchasing decisions.
• Implement cost-saving initiatives while maintaining quality.
• Maintain inventory levels to prevent stockouts and excess stock.
• Generate and manage purchase orders and contracts.
• Prepare regular procurement reports and metrics.
• Travel to supplier meetings and site assessments as needed.

Skills

Negotiation

Communication

Analytical thinking

Attention to detail

Problem solving

Cross-functional collaboration

Ethical standards

Regulatory compliance

Education

Bachelor's degree in Business Management

Tools

Procurement software

Job description

Job Scope:

• Identify, evaluate, and establish relationships with suppliers
• Negotiate terms and conditions with suppliers to secure favourable agreements
• Monitor supplier performance and address any issues or discrepancies
• Collaborate with various departments to understand their procurement needs
• Develop procurement plans that align with organizational goals and budget constraints
• Ensure timely and efficient procurement processes
• Seek cost-effective solutions without compromising quality or service levels
• Conduct cost analysis and comparisons to make informed purchasing decisions
• Implement cost-saving initiatives and negotiate favorable terms
• Maintain optimal inventory levels to prevent stockouts and excess inventory
• Monitor inventory turnover rates and adjust procurement strategies accordingly
• Implement efficient inventory management practices
• Generate and manage purchase orders, contracts, and other procurement-related documents
• Maintain accurate records of procurement activities and expenditures
• Prepare regular reports on procurement metrics and performance
• Conduct on-site inspections to ensure compliance with design and quality requirements
• Travel to various locations for supplier meetings, negotiations, and assessments
• Resolve quality issues promptly, collaborating with suppliers and project teams
• Conduct on-site inspections to ensure compliance with design and quality requirements

Job Requirement:

• Bachelor's degree in Business Management, Marketing or a related field
• At least 1 years experience in procurement or a related field
• Familiarity with procurement processes, negotiation techniques, and supplier management
• Strong negotiation and communication skills
• Analytical and problem-solving abilities
• Attention to detail and accuracy in record-keeping
• Familiarity with procurement software and tools
• Ability to adapt to changing market conditions and organizational needs
• Willingness to stay updated on industry trends and best practices
• Ability to work collaboratively with cross-functional teams
• Effective communication and interpersonal skills
• Maintain high ethical standards in all procurement activities
• Ensure compliance with relevant laws and regulations.
• Strong organizational and time-management skills, with the ability to manage multiple projects simultaneously
• Excellent communication and interpersonal skills for working with vendors, and team members
• Attend to emergency call and able to work during public holiday or weekend if required
• Willingness and ability to travel to various locations for meetings and supplier visits
• 6 working days per week

We are regret that only shortlisted candidates will be notified.