Procurement Manager

YCH Group Pte Ltd; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading company in Singapore is seeking a Procurement Manager to oversee procurement activities and drive excellence across various categories. The ideal candidate will manage supplier relationships, conduct cost analysis, and ensure compliance with company policies. This role requires strong negotiation skills and experience in the logistics industry is an advantage.

Qualifications

• Experience in 3PL is preferred.
• Ability to manage multiple projects and priorities effectively.

Responsibilities

• Oversee procurement activities for assigned categories.
• Implement best practices and process improvements.
• Build and maintain strong relationships with key suppliers.

Skills

Negotiation

Analytical

Problem Solving

Communication

Education

Diploma or bachelor’s degree in business administration

Supply Chain Management

Tools

Power BI

Microsoft Excel

Job description

OVERVIEW

We are seeking a highly motivated and experienced Procurement Manager to join our team in Singapore. The ideal candidate is responsible for managing procurement activities across various categories while driving procurement excellence in the region. This role focuses on optimising processes, implementing best practices, and aligning with organisational goals to achieve cost savings and efficiency, while conducting cost analysis to identify savings opportunities and support strategic sourcing. Experience in the logistics industry is added advantage.

JOB TASKS AND SPECIFICATIONS

Procurement Management:

• Oversee procurement activities for assigned categories, including sourcing, vendor management, and contract negotiations.

• Develop and execute sourcing strategies to meet organisational needs and achieve cost savings.

• Manage supplier relationships and ensure delivery of high-quality goods and services.

  Cost Analysis:

• Design and update interactive dashboards to track and evaluate Group and Country-level spend data, providing insights to optimise procurement spend.

• Analyse spend data to identify cost-saving opportunities and develop procurement strategies aimed at reducing expenses.

  Procurement Excellence:

• Implement best practices and process improvements to drive procurement excellence and efficiency.

• Continuously review and enhance procurement processes to ensure alignment with industry standards and organisational goals.

  Compliance and Risk Management:

• Ensure procurement activities in the region comply with company policies, regulatory requirements, and industry standards.

• Monitor non-compliance in procurement activities, reporting issues and ensuring timely follow-up actions to address them across the region.

• Develop and enforce procurement policies and guidelines to mitigate risks and ensure governance.

  Supplier Management:

• Build and maintain strong relationships with key suppliers and stakeholders.

• Assess supplier performance and manage supplier relationships to ensure high-quality service and delivery.

• Negotiate and finalise contracts to secure favourable terms and conditions.

  Contract Management:

• Draft, review, and manage contracts for services and products.

• Monitor contract compliance and manage the timely renewal of expiring contracts.

• Ensure contracts meet legal and regulatory requirements.

  Training and Development:

• Provide training and support to procurement team members on best practices, tools, and processes.

• Promote a culture of procurement excellence and continuous improvement within the team.

JOB REQUIREMENTS

• Diploma or bachelor’s degree in business administration, Supply Chain Management, or related field.

• Knowledge or experience in 3PL is preferred.

• Skilled in using Power BI and Microsoft Excel for in-depth cost analysis and reporting.

• Strong negotiation and contract management skills.

• Excellent analytical and problem-solving abilities.

• Effective communication and people skills.

• Ability to manage multiple projects and priorities effectively.