Merchandise Purchasing Manager

Hoa Phat Trading International; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A global trading firm in Singapore is seeking an experienced Merchandise Purchasing Manager to drive procurement strategies for steel products. The ideal candidate will have at least 10 years of experience in international trade for steel products and excellent negotiation skills. You will oversee supplier relations and implement sourcing strategies, ensuring compliance with company requirements. Knowledge of Vietnamese is essential due to supplier relations. This role requires readiness for business travel across Southeast Asia and other regions.

Qualifications

• 10 years of experience in international trade for steel products and raw materials.
• Strong knowledge on steel industry in Asia and international trade issues.
• Good spoken and written English; knowledge of Vietnamese is essential.

Responsibilities

• Develop and implement action plans to achieve purchase targets.
• Drive competitive sourcing activities and supplier evaluation.
• Lead supplier identification, contract/pricing negotiations, and vendor relations.
• Stay updated about industry trends and activities of competitors.

Skills

Negotiation skills

Market research

Leadership skills

Understanding of international trade

Education

Graduates / postgraduates of Business Administration, Banking, International Trade

Job description

JOB DESCRIPTION

MERCHANDISE PURCHASING MANAGER (For Steel Products & Raw Materials for Steel Production)

• Develop and implement effective action plans to achieve purchase targets set by the Director. Ensure the achievement of both divisional and personal targets, in alignment with the company’s purchasing policies and strategies.
• Drive competitive sourcing activities, identify, evaluate, and select suppliers that met with business requirements.
• Develop and implement sourcing strategies to meet growth and financial objectives through effective integration with forecasting, demand/supply planning, and distribution & logistics.
• Leading supplier development and strategic sourcing initiatives that secure quality, cost-effective, and reliable materials and components.
• Proactively search for potential suppliers through various channels.
• Lead supplier identification, approval, contract/pricing negotiations and vendor relations.
• Attend supplier inquiries and provide prompt and accurate responses.
• Communicate with suppliers to negotiate purchase terms, pricing, and other relevant terms to maximize profit and minimize costs.
• Coordinate with relevant departments, such as Chartering, Operations, Finance, Legal to facilitate the completion of deals; ensure compliance with internal policies and procedures.
• Stay informed throughout every step of the purchase contract process and remain vigilant in dealing with any potential disputes that may arise.
• Develops and sustains mutually beneficial strategic relationships with suppliers, conducts regular performance reviews, fosters collaboration and ensuring alignment with the company’s safety, reliability, and sustainability goals.
• Remain updated about industry trends, market conditions, and the activities of competitors, to identify and capitalize on new business opportunities.
• Travel for business within short notices.

Job Requirements:

• 10 years of experience in international trade for steel products and raw materials for steel production with specific achievements.
• Graduates / postgraduates of Business Administration, Banking, International Trade.
• Have strong knowledge on steel industry of not only Vietnamese market but other regions in Asia, and relevant issues of international trade such as international payment, sea / air transportation and international trade law.
• Must be willing to work a variety of shifts, including holidays as scheduled.
• Having experience in purchasing steel and cement making raw materials.
• Independent, confident and knowledge-sharing spirit.
• Good leading skills, persuasive skills and can work under pressure.
• Active in doing market research and have "can-do" attitude.
• As the Company is dealing in Steel Products and most of the Suppliers of the steel products are based in Vietnam, candidates with good spoken and written English and knowledge of Vietnamese is essential as it is part of the role to communicate on products and pricing with the Suppliers.
• Be active and ready to go on business trip (in South East Asia, China, Middle East, Australia and other countries) if required.