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A dynamic procurement firm in Singapore is seeking a Procurement Specialist with a minimum of 3-5 years of experience. The role involves supporting sourcing strategies, identifying and selecting suppliers, and liaising with vendors for optimal procurement solutions. Candidates should hold at least a Diploma in Business Administration or a related field and possess strong proficiency in Excel. This position offers the opportunity to drive significant business value through cost reduction and effective procurement strategies.
Support the development and execution of sourcing strategies for the products.
Lead supplier identification/ selection/ segmentation process;
Build and maintain a strong working knowledge of industry practices/ capabilities and market intelligence that captures expertise / best practices and leverage the expertise to deliver incremental cost reduction and drive significant client business value;
Ensure a competitive sourcing environment leading to continuous improvement, analyse market drivers, cost structures and support supplier initiatives, including annual cost reductions;
Deliver cost reduction goals and provide strong support to the stakeholders.
Develop Category management strategies;
To check the daily open Purchase Requisition;
To source for vendors and get a quotation for open Purchase Requisition (for new or existing material code) and info to pass to Junior for PIR, SL and PO creation;
To liaise with the mater data officer and engineers for any old stock code with insufficient info/ no purchase history;
To liaise with the vendor for any changes to spec details, obsolescence of products and urgent delivery requests;
To source alternative vendors for urgent delivery requests and stock supply;
Liaise and coordinate with the agent for any overseas delivery arrangement, paperwork, permit application, etc.
Other ad-hoc tasks as assigned by the immediate superior.
Minimum 3-5 years of experience in procurement;
Possess at least a Diploma, preferably in Business Administration, International Trade & Business, Mechanical, Electrical, Electronics or any Technical Field;
Proficient in Excel (Intermediate – Advanced level), Word, PowerPoint, Sand AP knowledge;
A certificate or associate degree in Procurement, Supply Chain Management or a related field will be an added advantage.