Procurement Executive

HANWHA OFFSHORE ENGINEERING SERVICES SINGAPORE PTE. LTD.; Singapore; On-site; SGD 40,000 - 70,000; Full time

Job summary

A leading company in offshore engineering is seeking a Procurement Specialist to manage supply sourcing, supplier negotiations, and ensure optimal pricing and terms for materials. The successful candidate will possess strong analytical and negotiating skills, a relevant diploma, and experience in purchasing for engineering projects.

Qualifications

• Good experience in buying fire protection systems, water pump systems, valves, and other equipment.
• Able to work independently and meticulously.
• Strong commercial acumen and negotiation skills.

Responsibilities

• Source, negotiate, and purchase materials and services.
• Review supplier performance on price and delivery.
• Generate purchase orders and monitor delivery.

Skills

Negotiation skills

Analytical skills

Problem-solving skills

Commercial acumen

Education

Diploma in Purchasing Management/Supply Chain Management/Engineering

Job description

Job description:

• Ensure the right material and services will be provided at the optimum price, delivery and favourable terms & conditions.
• Evaluation of technical proposals based on engineering specification
• Capability to propose and counter offer the requestor equivalent grade of material.
• Capability of differential different grade of materials has a cost impact.
• Profound knowledge of product specifications, functionalities and applications related to offshore materials.
• Source, negotiate and purchase materials and services from identified sources, local and overseas.
• Advise requestor on selection of suppliers and purchase terms & conditions.
• Negotiate with suppliers to obtain optimum price, delivery and favourable terms & conditions.
• Generate purchase orders, monitor and follow up and expedite with suppliers on delivery of goods and services.
• Review supplier’s performance on price and delivery and to co-ordinate with supplier and QA/QC on quality issues.
• Compile purchasing statistics and reports on assigned materials /commodities if required.
• Liaise with Finance/Account staff on vendors credits application, bank & financial instruments.
• Liaise with other departments on procurement matters (eg: Project, Commercial, Store, Production, QA/QC, etc. where necessary).
• To be involved in the Vendors’ Qualification and Assessment as per ISO procedures.
• Conducts due diligence of identified sources and facilitate their pre-qualification.
• Monitors and pro-actively takes actions in response to market trends for raw material.
• Prepares bidder lists and releases request for quotations;
• Prepares bid tabs and analytically evaluates proposal in terms of the commercial and technical requirement.
• Complies with the established deadlines.
• Establishes and maintains strong business relationship with suppliers.
• Anticipates and proactively elevates potential challenges/problems.
• Engages in problem solving.
• Maintains integrity of electronic files.
• Follows procurement policies and procedures.
• Complies with Code of Business Ethics and Conduct
• Provide administrative support to the procurement team.
• Handle the registration of Request for Quote (RFQ), Purchase requisitions (PR) and Purchase orders (PO).
• Generation of PR - PO weekly report.
• Monitor the flow of PRs and update the status of PRs’ approval in the Procurement Order System.
• Faxing of confirmed signed POs to vendors.
• Filing of PO / PR, Fax, e-mails, quotations and correspondences.
• Updating of new vendors in the master list and record.
• Assisting in the Annual Vendors Assessment exercise.
• Assist in the raising of service or purchase orders to painting, transport & logistics providers.
• Provide inter-department communication support.

Job Requirements:

• Diploma in Purchasing Management/Supply Chain Management/Engineering or equivalent
• Good experience in buying fire proteection system, water pump system, valve and other equipmenets and machineries, etc.
• Able to work independently, meticulous and analytical with excellent problem-solving skills
• Strong commercial acumen and negotiation skills
• Good knowledge of financial and legal terms