procurement manager

CHINA INTERNATIONAL WATER & ELECTRIC CORPORATION (S) PTE LTD; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading engineering firm in Singapore seeks a Procurement Manager to develop and implement innovative procurement strategies, manage vendor relationships, and negotiate contracts. The ideal candidate will have over six years of relevant experience and full professional proficiency in both English and Mandarin, ensuring effective communication and collaboration in a multicultural environment.

Qualifications

• Minimum of six years of relevant work experience.
• Full professional proficiency in English and Mandarin.

Responsibilities

• Develop and implement innovative procurement strategies.
• Source reliable suppliers based on project requirements.
• Negotiate contracts to secure advantageous terms.
• Build long-term relationships with vendors.
• Conduct risk assessments on contracts.
• Manage procurement budgets and reduce costs.
• Approve purchase orders and finalize delivery details.
• Monitor key functional metrics and create procurement reports.

Skills

Negotiation skills

Supplier management

Risk assessment

English proficiency

Mandarin proficiency

Job description

• develop and implement innovative and cost-effective procurement strategies
• source reliable suppliers and vendors based on project requirements and initiate business and organisation partnerships
• compare proposals for price and specifications and negotiate contracts with suppliers and vendors to secure advantageous terms
• build and maintain long-term relationships with vendors and suppliers in the industry
• examine existing contracts with suppliers and vendors to ensure ongoing feasibility
• conduct risk assessments on potential contracts and agreements
• collaborate closely with the legal department to make sure contract terms are favourable to the company
• control the procurement budget and build a culture of long-term savings on procurement costs
• approve purchase orders of goods and services and finalise details of delivery
• manage technological systems that track shipments, inventory and supply of goods
• track and update relevant departments regarding changes in the prices of goods and vendor pricing
• monitor key functional metrics and create daily, weekly and monthly procurement reports to reduce expenses and improve effectiveness
• A minimum of six years of relevant work experience with full professional proficiency in English and Mandarin.