Procurement Executive

Applied Engineering Pte Ltd; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading engineering firm in Singapore is seeking a procurement specialist to manage sourcing and purchasing processes. The ideal candidate should hold a Diploma or Bachelor's Degree in a relevant discipline and possess at least 2 years of experience in similar roles. Responsibilities include sourcing materials, negotiating terms, and ensuring timely deliveries. Strong organizational and negotiation skills are essential, along with the ability to analyze market trends effectively. This position offers the opportunity to improve supplier relationships and optimize procurement processes.

Qualifications

• Minimum 2 years of working experience in similar positions.

Responsibilities

• Source and procure materials & services required for project and factory needs.
• Negotiate for the best price and terms for all purchases.
• Monitor and expedite delivery on time for project use.
• Source suppliers and compare price and quality.
• Support purchasing and communicate any supply problems.
• Act as an interface between suppliers and relevant departments.
• Monitor market trends and provide cost analysis.
• Prepare reports and updates as required.

Skills

Strong organizational skills

Strong communication skills

Strong negotiation skills

Good financial understanding

Ability to analyze

Familiar with technology and systems

Ability to identify market trends

Education

Diploma / Bachelor Degree in business administration, supply chain management, engineering, or economics

Job description

Min Qualifications / Experience:

· Diploma / Bachelor Degree in related disciplines like business administration, supply chain management, engineering and economics.

· Minimum 2 year of working experience in similar positions.

Job Skills Required:

• Strong organizational, communication and interpersonal skills.

• Strong negotiation skills and good in financial understanding.

• Knowledgeable and familiar in using technology and systems.

• Able to collaborate effectively and good in analysing.

• The ability to identify market trends and make decisions in a high-stress environment.

Duties & Responsibilities

• Source and procure materials & services required for project and factory needs.

• Negotiate for the best price and terms for all purchase and ensure they are in compliance with specification and schedules.

• Monitor and expedite to ensure items are delivery on time for project use.

• Sourcing suppliers, and comparing price and quality to ensure the best deal.

• Support the purchasing function and other relevant departments and communicate any supply problems which may impact on business operations.

• Act as an interface between suppliers and other relevant departments on purchasing processes and new projects and activities.

• Monitor and advise on any issues which present risk or opportunity to the organization.

• Liaising with suppliers on the delivery and warehouse teams to ensure goods are received on time.

• Monitor market trends, provide analysis on costs.

• Prepare reports and updates as and when required.

• Work closely with others in the procurement function.

• Negotiate contracts, improve prices and terms of business with suppliers and review opportunities to make business savings utilizing negotiation and procurement best practice tools and methods.

• Prepare and raise purchase orders and blanket order.

• Build, maintain and manage supplier relationships and keep up good communications.

• Ensure that a professional and consistent approach is taken in relation to all supplier relationships.

• Ensure compliance to company guidelines, purchasing policies and procedures during supplier negotiations and contracts award process.

• Conduct research for new components and suppliers.

• Compile data relating to supplier performance to enable evaluation.

• Assess and evaluate suppliers and contribute to performance reviews to ensure contract compliance.

• Contact suppliers to resolve price, quality, delivery or invoice issues.

• Any adhoc Work assigned by HOD/General Manager