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NTS Components Singapore Pte Ltd is seeking a Procurement & Planning Specialist to manage supplier relationships, place orders with approved suppliers, and develop vendor performance reports. You will verify compliance with quality and regulatory standards while implementing demand planning strategies to optimize inventory levels.
Ideal candidates have a Bachelor's degree in SCM or related fields, ERP experience (Navision, SAP), and strong communication and negotiation skills.
Responsibilities:
Managing supplier relationships, resolving issues, and monitoring supplier performance
Placing orders with approved suppliers based on requisitions and expediting critical materials
Developing reports for vendor performance, purchase volumes, and on-time delivery
Verifying that all procurement activities comply with quality standards and regulatory requirements
Developing and implementing demand planning strategies to optimize inventory levels and minimize stockouts
Collaborate with Planning & Customer Support team to understand demand fluctuations and adjust planning accordingly
Monitoring inventory levels and ensuring adequate stock to meet production needs
Coordinating with the logistics team to ensure timely delivery of materials
Maintaining material, supplier, and planning system data in MRP/ERP systems
Developing reports on inventory levels, stockouts, and other planning-related metrics (OTD, Push Outs & Pull Ins)
Requirements:
Bachelor's Degree in Supply Chain Management, Business Administration, or a related field
Experienced in ERP system (Navision, SAP etc.)
Strong communication and negotiation skills
Positive attitude, self-motivated and able to work independently and as part of a team
Experience in purchasing technical commodity like machining items/sheet metal parts will be an added advantage
Strong Background in Manufacturing & Planning background