Procurement & Planning Manager - Singapore - TALENTNET HR SERVICES PTE. LTD.
Description
Roles & ResponsibilitiesWorking Location: Chin Bee (Near Boon Lay)
Responsibilities:
Management of Procurement of Goods
•Regularly review cost out opportunities and ensure prices for goods are in line with relevant market rates, efficiently sourced, and procured in a way that creates the best value for the business
•Lead accurate demand forecast with sales and marketing by successfully monitor and communicate forecasts, changes, inventory estimates, supply situations, business risks, opportunities, and mitigation plans
•Identify and analyze sales trends and influencing variables and incorporate analysis in forecasting & inventory planning
•Control spend and build a culture of long-term saving on procurement costs
Strategic Sourcing & Leadership
•Effective relationship building with key suppliers for all food/beverage raw materials, ingredients & packaging to meet business demands
•Work with the Sales and Marketing Team to develop and implement short term and long-term strategic initiatives that enable the business to meet its growth and profitability objectives
•Coach the team to master the competencies required to ensure long-term business success and long-term members' success
Policies, SOPs, Business Systems
•Act as the main subject matter expert, develop policies and procedures related to procurement and planning
•Oversee purchasing system, Costpoint, and provide strategic direction on procurement actions, approval workflows and thresholds, and tracking related to Purchase Requests and Purchase Orders
•Collaborate with Finance team to ensure procurement management is aligned with corporate standards
Compliance Management
•Maintain knowledge of Import/Export regulations, and compliance with the regulations to coach/train staff and ensure compliance.
Requirements:
Bachelor's Degree in Purchasing/Supply Chain, Business, or a related field required
Minimum 5 years of work experience in purchasing, ideally in FMCG, most preferably food sourcing/purchasing
Experience in Meat and Cheese imports.
Strong business acumen, open-minded approach, and ability to effectively manage relationships throughout the organization and supplier relationship management skills
Proven track record of managing a significant cost of goods with strong motivation to deliver cost savings
Excellent in guiding mentoring team members to achieve accuracy in forecasts & inventory management
Remuneration:
-Basic Salary: $5,500 - $7,000 (commensurate with experience)
-Working days: 9:00 am – 6:00 pm (Mon-Fri)
-5days work week
Tell employers what skills you haveSupplier Relationship Management
Mentoring
Forecasting
Relationship Management Skills
Ingredients
Inventory
Business Acumen
FMCG
Purchasing
Estimates
Raw Materials
Procurement Management
Procurement
Inventory Management
Packaging
Strategic Sourcing