Procurement Executive

TAPZ BOUTIQUE PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading procurement firm in Singapore is seeking a Procurement Executive. In this role, you will manage purchasing activities, negotiate with suppliers, and streamline procurement processes to meet organizational needs. The ideal candidate will develop strategies to ensure timely delivery and high-quality products while maintaining vendor relationships. Strong analytical skills and experience with procurement data are essential.

Responsibilities

• Support procurement functions and communicate supply problems.
• Maintain system integrity of supplier and product information.
• Ensure compliance with quality standards.
• Optimize performance through data-driven decision making.
• Conduct market research to identify and evaluate potential suppliers.
• Prepare reports on procurement activities and performance metrics.
• Align procurement activities with organizational needs.

Job description

Job Overview

The Procurement Executive is responsible for managing and overseeing the purchasing activities of the organisation. This role involves developing procurement strategies, negotiating with suppliers, and ensuring the timely delivery of high-quality products and services at the most competitive prices. The ideal candidate will optimise procurement processes, manage vendor relationships, and work closely with various departments to meet the organisation's operational needs.

Key Responsibilities

Procurement Operations and Data Maintenance

• Support the procurement end to end function and other relevant departments and communicate any supply problems which may impact on business operations. Act as an interface between suppliers and relevant departments on purchasing processes and new projects and activities.
• Maintain system integrity of supplier’s and product information in the ERP system and other database as required.
• Ensure strict quality control and compliance of suppliers with regard to the organisation’s quality standards and requirements.

Procurement Process and Performance Management

• Responsible for the optimisation of the performance and operation of the procurement team through data driven decision making.
• Ensure sound procurement practices that supports the integrity of the organisation’s inventory management standards.
• Conduct market research backed by data and trend analyse to identify potential suppliers and evaluate their products, prices, and terms.
• Prepare regular reports on procurement activities, performance metrics, and cost analysis for senior management.
• Work closely with other stakeholders to ensure procurement activities align with organisational needs and objectives.