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A leading enterprise in the F&B sector is seeking a Procurement Manager to optimize purchasing processes and vendor relationships. This role involves managing inventory levels, preparing reports, and ensuring quality compliance of supplies to meet company needs. Candidates must have at least 5 years of procurement experience and strong leadership skills.
Job Overview:
The Procurement Manager will be responsible for developing and implementing the most cost-effective way of purchasing supplies for the company and ensuring that the quality of purchased supplies meets the company’s operating needs.
He/she will ensure that the inventory level is kept optimal at all times (i.e. minimize stock-out and overstocking situations) and lead the procurement team to achieve department KPIs.
Job Responsibilities
• Prepare monthly management reports.
• Oversee procurement activities and ensure timely completion of procurement.
• Source and liaise with local and overseas suppliers to negotiate or obtain competitive pricing. Build effective working relationships with local/oversea suppliers.
• Track sales, usage and inventory level to ensure company maintains a healthy level of stock and no stock-out situations.
• Ensure that all contractual agreements are properly filled and negotiate renewals or source of new suppliers to secure the bast price for the company.
• Provide regular and ad-hoc reporting and analysis (e.g. COGS and inventory reports, procurement reports) as needed to help manage and drive business results.
• Any other ad hoc duties as assigned by the management.
Job Requirements
• Minimum 5 years of relevant procurement and vendor management experience within the F&B industry.
• Proven track record of delivering results in the areas of cost management, vendor management, quality controls and inventory management.
• Proactive, resourceful and independent.
• Possess strong leadership, communication, analytical, decision-making and negotiation skills.