Procurement Manager

STYL SOLUTIONS PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

An innovative company at the forefront of Fintech and IoT, located in Singapore, seeks a Procurement Manager. The role involves strategic sourcing, supplier management, contract negotiation, and leadership of the procurement team. Candidates should possess a degree in Supply Chain Management or Business Administration, along with at least 5 years of procurement experience. A proven track record in negotiation and proficiency with procurement software like SAP or Oracle is essential for success.

Qualifications

• Bachelor's degree (Master's preferred) in a relevant field.
• 5+ years of procurement experience with 2+ years in a managerial role.
• Excellent communication and interpersonal skills.

Responsibilities

• Develop and implement procurement strategies aligned with organizational goals.
• Negotiate contracts and manage supplier relationships.
• Ensure compliance with legal and internal policies.

Skills

Negotiation Skills

Analytical Skills

Communication

Education

Bachelor’s degree in Supply Chain Management or Business Administration

Tools

SAP

Oracle

Job description

ABOUT STYL SOLUTIONS

Ride on the wave of Industry 4.0! Join STYL Solutions in the forefront of using Fintech and IoT technologies for smart city/nation transformation. Headquartered in Singapore with R&D center in Vietnam, STYL Solutions designs, develops, and supplies hardware, software and integrated solutions for applications in payment, loyalty management, location tracking, self-service operation, telemetry. Our market segment coverage extends from financial services, retail, mass transit, education to social services markets in Singapore and South Asia Pacific.

Our vision is to use Fintech and IoT to create smart and efficient cities that enhance Quality of Life through convenience and healthier living.

JOB DESCRIPTION

We are seeking a strategic and detail-oriented Procurement Manager to oversee the sourcing, negotiation, and purchasing of materials, equipment, and services. He/ She shall be responsible for identifying and managing the relationship with good suppliers The ideal candidate will have strong analytical skills, a deep understanding of supply chain management, and a track record of delivering cost-effective procurement solutions while maintaining high-quality standards.

JOB RESPONSIBILITIES

• Strategic Sourcing: Develop and implement procurement strategies that align with organizational goals.
• Supplier Management: Identify, evaluate, and manage relationships with suppliers and vendors to ensure quality, cost-effectiveness, and timely delivery.
• Contract Negotiation: Negotiate contracts, pricing, and terms with suppliers to secure advantageous terms.
• Inventory Optimization: Collaborate with inventory and production teams to ensure optimal stock levels and reduce waste.
• Risk Management: Monitor market trends and assess potential supply risks; develop contingency plans to mitigate disruptions.
• Compliance: Ensure all procurement activities comply with legal and regulatory requirements, as well as internal policies.
• Cost Control: Track and report key functional metrics to reduce expenses and improve effectiveness.
• Process Improvement: Continuously evaluate procurement processes and systems to increase efficiency and accuracy.
• Team Leadership: Supervise and support procurement staff, promoting professional development and high performance.

JOB REQUIREMENTS

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field (Master’s preferred).
• Proven experience (5+ years) in a procurement or purchasing role, with at least 2 years in a managerial capacity.
• Prior work experience in China and/or with China suppliers will be a plus
• Strong negotiation and contract management skills.
• Proficiency with procurement software and ERP systems (e.g., SAP, Oracle).
• Excellent communication and interpersonal skills.
• Strong analytical and decision-making capabilities.
• Professional certifications (e.g., CIPS, CPM, CPSM) are a plus