Procurement Manager

Allinton Engineering & Trading Pte. Ltd.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading engineering company in Singapore is seeking a Procurement Manager to oversee procurement strategies and manage supplier relationships. The ideal candidate will have at least 4 to 5 years of procurement experience, including 2 years in a managerial role. The position offers opportunities for professional growth and a performance-based salary with incentives.

Benefits

Competitive salary with performance incentives

Stable career with growth opportunities

Supportive work environment

Exposure to various industries

Qualifications

• At least 4 to 5 years of experience in procurement.
• Minimum of 2 years in a managerial role.
• Strong business acumen with supplier relationships.

Responsibilities

• Manage procurement strategies and supplier negotiations.
• Develop procurement implementation plans.
• Ensure compliance with corporate regulations.

Skills

Negotiation

Vendor management

Organizational skills

Project management

Problem-solving

Education

Diploma or Degree in Supply Chain Management

Tools

Procurement software

Job description

Position Overview

We are looking for a highly competent Procurement Manager who 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 of 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.