Procurement Manager

Allinton Engineering & Trading Pte. Ltd.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading engineering and trading company in Singapore is seeking a Procurement Manager to develop procurement strategies and manage supplier relationships. The ideal candidate will have 4-5 years of procurement experience, including 2 years in a managerial role, with strong negotiation skills and a solid understanding of procurement software. The role offers a competitive salary and opportunities for career growth.

Benefits

Competitive salary with performance incentives

Stable career with opportunities for learning and growth

Supportive and collaborative work environment

Exposure to a broad range of industries and customers

Qualifications

• 4 to 5 years experience in procurement, with at least 2 years in a managerial role.
• Adept at problem solving and managing multiple projects.
• Strong relationships with suppliers and vendors are essential.

Responsibilities

• Manage procurement strategies and negotiate with suppliers.
• Develop procurement targets and implementation plans.
• Review seller performance and oversee financial budgets.

Skills

Negotiation skills

Business acumen

Vendor management

Numerical proficiency

Education

Diploma or Degree in Supply Chain Management

Tools

Procurement software

Job description

Position Overview

We are looking for a highly competent Procurement Manager manages the organisation's procurement strategies. He/She maintains strong relationships with supplier networks to achieve objectives of the organisation. He/She also negotiates with suppliers and manages operational procurement activities for product demands.
He/She is adept at problem solving. He/She has organisational and project management skills. He/She is able to manage multiple local and regional projects. He/She works well in a team or independently. He/She is able to motivate the team members.

Key Responsibilities

• Carry out department's recruitment and retention efforts.
• Develop measures to ensure corporate regulations are followed.
• Develop organisation's procurement targets across teams to meet business development goals.
• Develop procurement implementation plans while ensuring procurement strategies are followed.
• Develop proposal development criteria to be used by potential sellers.
• Develop selection processes and criteria with sellers.
• Negotiate with preferred sellers on contract terms.
• Propose department's financial budget for management approval.
• Provide on-the-job training and performance evaluation to staff.
• Review and quicken payment processes for ad-hoc payment issues with sellers.
• Review audits on trade documentations and contract terms of trade transactions to reduce risks.
• Review how workplace technology approaches can be revised based on feedback.
• Review information gathered on potential sellers that fulfil requirements.
• Review inventory levels of products to identify future inventory needs.
• Review latest technology trends that can be used to improve productivity.
• Review list of sellers based on prices, specifications, and delivery dates to determine best bids.
• Review outcomes using available records and information to follow work processes and procedures.
• Review sellers' performance based on quality of products received.
• Review work processes and improvement solutions.
• Support engagement sessions with organisational network and external vendors for procurement.
• Stock planning capacities

Requirements

• Diploma or Degree in Supply Chain Management
• At least 4 to 5 years experience in procurement which at least 2 years in a managerial role with team management
• Excellent negotiation skills
• Good with numbers
• Strong business acumen and vendor management in building and maintaining relationships with suppliers and vendors
• Familiar with procurement software and tools, an understanding of the technical aspects of products & services

What We Offer

• Competitive salary with performance incentives.
• Stable career with opportunities for learning and growth.
• Supportive and collaborative work environment.
• Exposure to a broad range of industries and customers.