Procurement Manager

Straitdeer; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading procurement firm in Singapore is seeking a Procurement Specialist to develop and implement comprehensive procurement strategies. The role involves managing supplier relationships, conducting market research, and collaborating with cross-functional teams. Candidates should possess excellent ethics, strong communication skills, and the ability to manage work pressure. This position offers opportunities for professional growth and exposure to dynamic projects.

Qualifications

• Clear logical thought process and adaptability to cross-regional work scenarios.
• Willing to accept challenges and take responsibilities.
• Able to adapt to work demands such as business trips and overtime.

Responsibilities

• Develop and implement procurement strategies aligned with business goals.
• Conduct market research and negotiate supplier terms.
• Manage the procurement process ensuring compliance with policies.

Skills

Excellent professional ethics

Collaboration skills

Strong communication skills

Ability to manage work pressure

Results-oriented

Job description

Develop and implement comprehensive procurement strategies that support the company's business goals and objectives.

Conduct market research to identify potential suppliers, evaluate their capabilities, and negotiate terms and conditions.

Monitor market trends, including price fluctuations, supplier performance, and new technologies, to adjust procurement strategies accordingly.

Establish and maintain relationships with key suppliers, ensuring high levels of service, quality, and cost-effectiveness.

Conduct regular supplier performance evaluations and implement corrective actions as necessary.

Facilitate supplier development programs to enhance supplier capabilities and drive continuous improvement.

Cost Management:

Lead cost reduction initiatives through strategic sourcing, negotiation, and contract management.

Analyze spending patterns and identify opportunities for cost savings and efficiency improvements.

Collaborate with cross-functional teams to ensure procurement decisions align with overall budget and financial targets.

Cross-Departmental Collaboration and Demand Management

Liaise with business and R&D departments to clarify material specifications, technical standards, and delivery timelines.

Participate in new projects by providing supplier resources and cost recommendations.

Procurement Operations:

Manage the procurement process from requisition to payment, ensuring compliance with company policies, procedures, and legal requirements.

Oversee the development and maintenance of procurement documentation, including contracts, purchase orders, and invoices.

Implement and monitor procurement performance metrics to measure effectiveness and drive continuous improvement.

Compliance and Risk Management:

Ensure all procurement activities comply with company policies, industry standards, and legal regulations.

Implement risk management strategies to mitigate potential procurement risks, including supplier failure, supply chain disruptions, and market volatility.

Conduct regular audits and reviews to ensure compliance and identify areas for improvement.

How you will stand out:

Possess excellent professional ethics and collaboration with own and cross-functional team members, striving to maximize corporate benefits.

Possess clear logical thought process, and communication skills, and be able to adapt to cross-regional work scenarios.

Willing to accept challenges and take responsibilities, possess strong ability to manage work pressure and time.

Results-oriented, and when facing complex problems, can focus on core objectives, coordinate internal and external resources to solve problems, rather than being limited by processes or challenges.

Able to adapt to work demands such as business trips and overtime when needed.

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