Procurement Executive

Private Advertiser; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a Procurement Executive to enhance their sourcing strategies and manage supplier relationships. This role involves developing procurement strategies, conducting supplier selection processes, and ensuring compliance with procurement targets. The ideal candidate will be organized, sociable, and possess strong negotiation skills. You will play a crucial role in supporting various business units and improving work processes. Join a dynamic team where your contributions will directly impact the organization's success and procurement efficiency.

Qualifications

• Strong negotiation skills and ability to manage supplier relationships.
• Organized and self-motivated individual with a focus on procurement.

Responsibilities

• Develop procurement strategies and manage supplier relationships.
• Conduct checks on documentation and support negotiation efforts.
• Participate in technology projects and monitor compliance with procurement targets.

Skills

Negotiation Skills

Organizational Skills

Relationship Management

Self-Motivation

Diligence

Education

Bachelor's Degree in Business or related field

Tools

Electronic Procurement Tools

Job description

The Procurement Executive is also known as the Sourcing Executive. He/She develops procurement strategies by monitoring inventory movement and determining inventory levels of products. He/She also supports contractor selection processes by reviewing proposals and drafting contracts, based on established supplier selection processes.

He/She is organised, sociable, and a good negotiator. He/She is diligent and self-motivated. He/She is able to manage relationships with suppliers and other business units, both locally and regionally.

Responsibilities:

• Adopt selection processes with sellers to ensure fair competition.
• Assist in ongoing records and information review to determine the effectiveness of work processes and procedures.
• Carry out procurement activities based on product details and customer needs.
• Conduct checks on documentation required for trade transactions.
• Create a list of preferred sellers based on selection processes.
• Determine inventory levels of products.
• Gather data on potential sellers that fulfil procurement requirements.
• Manage relationships with organisational network and external vendors for procurement.
• Monitor compliance with the organisation's procurement targets.
• Participate in key activities in technology projects.
• Plan work improvement activities and performance improvement strategies.
• Review drafted proposals or procurement specifications to ensure procurement requirements are followed.
• Support negotiation efforts with information on agreed contract terms with preferred sellers.
• Support the use of technologies and electronic tools.
• Test the quality of products based on procurement requirements and quality assurance standards.
• Work with Sales and Finance departments to support payment processes to sellers.