Purchasing Manager – Dining

Lagardere Travel Retail Singapore Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading company in retail operations seeks a professional for stock management and inventory control. This role is crucial for optimizing procurement strategies and ensuring quality compliance in products. The successful candidate will collaborate with various stakeholders, manage supplier relationships, and refine processes to meet operational objectives.

Qualifications

• Experience in stock management and procurement.
• Ability to negotiate with suppliers effectively.
• Strong analytical skills to monitor inventory and consumption trends.

Responsibilities

• Manage stock levels for beverages and packaging materials.
• Maintain master data for suppliers and negotiate purchasing terms.
• Monitor procurement costs and ensure compliance with quality standards.

Skills

Inventory Management

Supplier Coordination

Cost Control

Data Analysis

Job description

Stock Management & Inventory Control

• Manage stock levels primarily for finished products, particularly beverages, ensuring sufficient supply without overstocking.
• Work closely with restaurant teams to forecast demand and adjust stock orders accordingly.
• Conduct regular inventory checks, ensuring accuracy in stock levels and minimizing waste.
• Monitor and analyze stock consumption trends to optimize procurement strategies.
• Packaging Management & Replenishment
• Oversee the management of packaging materials, including defining needs, placing orders, and ensuring timely replenishment.
• Track and monitor the consumption of packaging supplies, ensuring sufficient stock for daily restaurant operations.
• Collaborate with internal stakeholders to standardize packaging across different outlets for operational efficiency.

Supplier Coordination & Master Data Management

• Maintain and update master data for suppliers, including pricing, contracts, and product specifications.
• Build and maintain strong relationships with suppliers to secure competitive pricing and reliable deliveries.
• Negotiate favorable purchase terms, ensuring cost efficiency while maintaining product quality.
• Optimize commercial conditions through incremental income stream such as volume rebate and marketing income or support.
• Act as the key liaison between the company and suppliers to resolve supply issues and maintain smooth procurement processes.

Cost Control & Budget Management

• Monitor procurement costs and identify opportunities for cost savings without compromising on quality.
• Work within budget constraints while ensuring the timely availability of essential products.
• Regularly review purchasing data to identify inefficiencies and propose cost-effective solutions.

Quality Assurance & Compliance

• Ensure all procured products meet company quality standards and comply with food safety regulations.
• Conduct supplier evaluations to maintain consistency in product quality.
• Work with internal teams to address any quality-related concerns with suppliers.

Process Improvement & Reporting

• Continuously improve procurement processes to enhance efficiency and reduce lead times.
• Generate reports on purchasing activities, inventory status, and supplier performance.
• Implement best practices in procurement and stock management to support business objectives.