Procurement Executive

RIGEL TECHNOLOGY (S) PTE LTD; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading procurement firm in Singapore is looking for a Procurement Specialist to develop sourcing strategies and manage supplier relationships. This role requires a Bachelor’s Degree and 3–5 years of experience in procurement. Key responsibilities include negotiating contracts, managing procurement activities from RFQ to order placement, and ensuring compliance with policies. Strong negotiation and communication skills are essential.

Qualifications

• 3–5 years of experience in procurement or commercial project coordination.
• Strong understanding of procurement processes and contract management.
• Knowledge of import/export procedures is a plus.

Responsibilities

• Develop and execute sourcing strategies based on project objectives.
• Identify and onboard suppliers based on competitiveness.
• Negotiate pricing and contracts for optimal outcomes.
• Manage end-to-end procurement activities from RFQ to invoicing.
• Ensure compliance with procurement policies and regulations.

Skills

Negotiation skills

Communication skills

Detail-oriented

Organizational skills

Understanding of procurement processes

Education

Bachelor’s Degree in Supply Chain Management or related field

Job description

Job Responsibilities:

• Develop and execute sourcing strategies to support project and business objectives.
• Identify, evaluate, and onboard suppliers based on commercial competitiveness, reliability, and capacity.
• Negotiate pricing, terms, and contracts to ensure optimal commercial outcomes.
• Maintain supplier relationships and monitor performance in cost, delivery, and service.
• Collaborate with project managers, engineering, and production teams to define procurement requirements and timelines.
• Manage end-to-end procurement activities — from RFQ to order placement, delivery, and invoicing — in alignment with project schedules.
• Track procurement milestones to ensure timely availability of materials and components for project execution.
• Coordinate with internal stakeholders and suppliers to resolve delivery or supply constraints.
• Analyze cost structures and identify cost-saving or value-improvement opportunities across projects.
• Conduct commercial benchmarking of suppliers, materials, and services.
• Support value engineering initiatives by proposing commercially viable alternatives without compromising quality or project objectives.
• Prepare and manage purchase agreements, supplier contracts, and commercial terms.
• Ensure compliance with internal procurement policies and external regulatory requirements.
• Work closely with the finance team to ensure accurate documentation, payment terms, and cost control.
• Maintain accurate procurement records, supplier databases, and project cost trackers.
• Prepare procurement progress reports, spend analyses, and commercial evaluations for management review.

Job Requirements:

• Bachelor’s Degree in Supply Chain Management, Business Administration, Engineering, or a related field.
• Minimum 3–5 years of relevant experience in procurement, sourcing, or commercial project coordination (preferably in a manufacturing or project-based environment).
• Strong understanding of procurement processes, sourcing strategies, and contract management.
• Excellent negotiation and communication skills, both written and verbal.
• Detail-oriented, organized, and capable of managing multiple projects simultaneously.
• Knowledge of import/export procedures or logistics coordination is an added advantage.