Strategic Procurement & Supplier Relations Specialist

JOYDOM ENGINEERING PTE. LTD.; Singapore; On-site; SGD 42,000 - 65,000; Full time

Job summary

JOYDOM ENGINEERING PTE. LTD. is seeking a procurement professional to identify and manage supplier relationships, negotiate favorable terms, and ensure timely procurement processes.

The role requires collaboration with multiple departments to align procurement plans with budget constraints and organizational goals. The candidate will conduct cost analyses, implement savings initiatives, and maintain accurate records and reports on procurement performance.

Qualifications

• Bachelor's degree in Business Management, Marketing or a related field.
• At least 1 year of experience in procurement or a related field.
• Familiarity with procurement processes, negotiation techniques, and supplier management.

Responsibilities

• Identify, evaluate, and establish relationships with suppliers.
• Negotiate terms and conditions with suppliers to secure favourable agreements.
• Monitor supplier performance and address issues or discrepancies.
• Collaborate with various departments to understand procurement needs.
• Develop procurement plans aligned with organizational goals and budget constraints.
• Ensure timely and efficient procurement processes.
• Seek cost-effective solutions without compromising quality or service levels.
• Conduct cost analysis and comparisons to inform purchasing decisions.
• Implement cost-saving initiatives and negotiate favorable terms.
• Maintain optimal inventory levels to prevent stockouts and excess inventory.
• Monitor inventory turnover rates and adjust procurement strategies accordingly.
• Implement efficient inventory management practices.
• Generate and manage purchase orders, contracts, and related documents.
• Maintain accurate records of procurement activities and expenditures.
• Prepare regular reports on procurement metrics and performance.
• Conduct on-site inspections to ensure compliance with design and quality requirements.
• Travel to supplier meetings, negotiations, and assessments.

Skills

Negotiation

Communication

Analytical thinking

Attention to detail

Vendor management

Cross-functional collaboration

Ethical standards

Regulatory compliance

Time management

Travel readiness

Education

Bachelor's degree in Business Management, Marketing or related field

1 year of procurement experience

Tools

Procurement software

Job description

JOYDOM ENGINEERING PTE. LTD. is seeking a procurement professional to identify and manage supplier relationships, negotiate favorable terms, and ensure timely procurement processes.

The role requires collaboration with multiple departments to align procurement plans with budget constraints and organizational goals. The candidate will conduct cost analyses, implement savings initiatives, and maintain accurate records and reports on procurement performance.