Procurement Manager

KANRY SEARCH SINGAPORE PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading procurement firm in Singapore is seeking a Procurement Specialist to develop strategies and manage supplier relationships. You will oversee purchase operations, track cost savings, and ensure compliance with quality standards. The ideal candidate has extensive experience in procurement, cost management, and supplier sourcing. This role offers opportunities to lead a team and contribute to the firm's success in optimizing procurement processes.

Qualifications

• Experience in developing procurement strategies aligned with business objectives.
• Ability to manage supplier performance and risks effectively.
• Expertise in cost management and savings tracking.

Responsibilities

• Develop and implement procurement strategies.
• Source and manage suppliers both locally and overseas.
• Oversee purchase requisitions and contract administration.
• Work closely with other departments to resolve supply issues.
• Ensure compliance with quality, regulatory, and ESG requirements.

Job description

1. Procurement Strategy & Planning

• Develop and implement procurement strategies aligned with business objectives

• Plan sourcing activities based on demand forecasts and production needs

• Drive cost optimisation and supply continuity

2. Supplier Sourcing & Management

• Source, evaluate, and appoint suppliers (local & overseas)

• Negotiate pricing, contracts, MOQs, lead times, and payment terms

• Manage supplier performance, risks, and long-term partnerships

3. Cost Management & Savings

• Identify cost reduction opportunities and value engineering initiatives

• Monitor price trends, raw material costs, and market conditions

• Track cost savings and procurement KPIs

4. Purchase Operations & Governance

• Oversee purchase requisitions, PO issuance, and approval workflows

• Ensure procurement activities comply with company policies and audit requirements

• Manage contract administration and documentation

5. Supply Chain & Stakeholder Coordination

• Work closely with production, planning, engineering, finance, and logistics

• Resolve supply issues (shortages, delays, quality problems)

• Support NPI, project launches, and capacity planning

6. Inventory & Risk Management

• Balance inventory levels to avoid overstock or production disruption

• Develop contingency plans for critical materials and suppliers

• Manage supply risks, dual sourcing, and vendor diversification

7. Quality, Compliance & Ethics

• Ensure suppliers meet quality, regulatory, and ESG requirements

• Support audits, certifications, and supplier compliance checks

• Enforce ethical sourcing and procurement governance

8. Systems & Process Improvement

• Manage procurement systems (ERP/MRP) and reporting tools

• Improve procurement workflows, cycle time, and data accuracy

• Drive digitalisation and automation initiatives

9. Team Leadership & Development

• Lead, coach, and develop the procurement team

• Set KPIs and performance targets

• Build procurement capability and succession planning

10. Management Reporting & Decision Support

• Prepare procurement reports (spend analysis, savings, supplier performance)

• Provide insights to management on supply risks and cost outlook

• Support strategic sourcing and long-term business planning