Procurement Specialist

KINERGY CORPORATION LTD.; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading manufacturing company in Singapore is seeking a Procurement Specialist to develop and manage supplier relationships, focusing on cost reduction and quality improvement. The ideal candidate should have a diploma in a technical area and substantial experience in negotiating with suppliers, managing commodity strategies, and introducing new products. Responsibilities include developing preferred suppliers, driving contract negotiations, and coordinating engineering changes. This role is crucial for optimizing our supply chain and ensuring timely delivery.

Qualifications

• Minimum Diploma holder in a technical area.
• Experience in negotiating with suppliers and sourcing new suppliers.
• Familiarity with commodity strategy and management.

Responsibilities

• Develop preferred suppliers based on cost, capacity, and quality.
• Drive cost reduction through supply base consolidation.
• Create contracts with key suppliers.

Skills

Problem solving skills

Negotiating with suppliers

Commodity strategy management

New Product Introduction

Quote analysis

Education

Diploma in a technical area

Job description

Requirements

• Min Dip holder (technical area)
• Problem solving skills
• Experience in negotiating with suppliers, sourcing new suppliers
• Experience in commodity strategy and management for maching and sheet metal
• Experience in New Product Introduction
• Quote analysis

Responsibilities

• Develop preferred suppliers for cost, capacity, quality and response to RFQ
• Drive cost reduction for respective commodities through supply base consolidation and negotiation
• Create and drive contract with key suppliers
• Drive materials lead-time reduction to meet with Customers’ expectations
• Supplier ramp up plan and highlight any potential supply chain challenges in a timely manner
• Coordinate and communicate new project Engineering Change Order implementation effectively to avoid/minimize any E&O exposure
• Provide technical support/advice to buyers, suppliers as well as customers
• Follow up on new vendor set-up and supply price is set-up LN systems before order placement by buyers
• Cost, lead-time, MOQ & NRE analysis on suppliers’ quotation. Make supplier recommendation to quote team
• End-of-Life management
• New Supplier survey & audit
• Source and recommend suppliers for business need