Procurement Specialist
Singapore, SG, 627969
Main responsibilities:
- Developing and implementing procurement strategies to optimize purchasing processes and reduce costs.
- Conducting market research to identify potential suppliers and evaluate their products and services.
- Negotiating contracts and agreements with vendors to secure favorable terms and conditions.
- Collaborating with internal stakeholders to understand their purchasing needs and requirements.
- Managing supplier relationships and resolving any issues or disputes that may arise.
- Monitoring inventory levels and tracking order status to ensure timely delivery of goods.
- Analyzing procurement data and generating reports to track performance and identify areas for improvement.
- Ensuring compliance with company policies and procedures, as well as relevant regulations and standards.
Requirements:
- Minimum Diploma or Bachelor's degree in business, supply chain management, or a related field.
- At least 3 years of related experience in manufacturing environment as a Buyer, Sourcing Specialist, or Procurement Specialist.
- Proven experience as a procurement specialist or in a similar role.
- Strong negotiation and communication skills.
- Excellent analytical and problem-solving abilities.
- Proficiency in computer skills – Microsoft office, SAP.
- Attention to detail and ability to manage multiple tasks simultaneously.
- Knowledge of procurement of best practices and industry trends.