Procurement & Costing Engineer

Talents Recruiter Pte Ltd; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

Talents Recruiter Pte Ltd in Singapore seeks a Procurement Specialist to drive accurate product costing and quotation support. You will analyze cost structures and identify profitability opportunities while keeping prices competitive for customers.

You will source and evaluate suppliers, manage RFQ/RFP processes, negotiate terms, monitor material costs, and support budgeting and inventory planning within cross-functional teams.

Qualifications

• Diploma in Engineering or equivalent.
• Experience in sourcing electronic components, PCB assemblies, mechanical parts, and manufacturing services.

Responsibilities

• Prepare accurate product costing and support quotation activities.
• Analyze cost structures and identify opportunities to improve profitability while ensuring competitive pricing for customers.
• Source and evaluate suppliers and vendors.
• Request and compare quotations (RFQs/RFPs).
• Prepare detailed cost analyses and product cost breakdowns.
• Negotiate pricing, payment terms and delivery schedules.
• Monitor material costs and identify cost-saving opportunities.
• Maintain supplier relationships and performance records.
• Support procurement, budgeting, and inventory planning activities.
• Ensure compliance with company sourcing and purchasing policies.

Skills

Negotiation

Cost reduction

Analytical skills

Cross-functional teamwork

Communication

Problem-solving

BOM costing

RFQ/RFP processes

Vendor management

Supplier sourcing

Education

Diploma in Engineering

Tools

None

Job description

Job Scope :

• To prepare accurate product costing, support quotation activities, analyze cost
• Structures, and identify opportunities to improve profitability while ensuring competitive pricing for customers
• Source and evaluate suppliers and vendors.
• Request and compare quotations (RFQs).
• Prepare detailed cost analyses and product cost breakdowns.
• Negotiate pricing, payment terms, and delivery schedules.
• Monitor material costs and identify cost-saving opportunities.
• Maintain supplier relationships and performance records.
• Support procurement, budgeting, and inventory planning activities.
• Ensure compliance with company sourcing and purchasing policies

Requirements:

• Diploma in Engineering or equivalent
• 2 years’ of relevant working experience
• Experience in sourcing electronic components, PCB assemblies, mechanical parts, and manufacturing services.
• Knowledge of BOM (Bill of Materials) costing and product cost analysis.
• Familiarity with RFQ/RFP processes, supplier selection, and vendor management.
• Strong negotiation and cost reduction skills.
• Good understanding of electronics manufacturing processes and supply chain management.
• Ability to work with cross-functional teams including Engineering, Production, Planning, and Sales.
• Strong analytical, communication, and problem-solving skills.
• Ability to work under tight deadlines and manage multiple projects simultaneously.