Procurement Executive

Full Job Description

Responsible for managing procurement operations for an organisation’s projects, a Senior Procurement Executive ensures that all procurement activities and processes meet quality standards. The Executive also leads efforts in improving the procurement processes by proposing sourcing strategies and suggesting improvement initiatives to enhance the organisation’s ability to meet project deadlines. The Executive should typically come from an engineering background with production or design work experience. Traits such as good interpersonal and communication skills are important for this role as the Executive has to interact frequently with vendors and external parties, and manage the vendor selection processes as well as vendor performance. The Executive may also be expected to prepare training materials to develop the team’s procurement capabilities.
- Analyse data to propose changes to procurement policies and workflows.
- Clarify product specifications, cost estimation and project logistics.
- Develop new vendor relationships.
- Develop sourcing proposals.
- Draft contracts for management approval.
- Ensure procurement operations and workflows comply with regulatory safety and quality requirements.
- Evaluate vendor performance to propose recommendations for future business dealings.
- Liaise with key stakeholders on modifications to sourcing proposals.
- Manage non-conformities in delivery schedules and products.
- Monitor procurement budget and expenditure.
- Participate in strategic sourcing activities, bid evaluation, and vendor selection processes.
- Prepare bid solicitations based on pre-qualification and assessment criteria for vendor selection.
- Prepare vendor category and spend analysis reports.
- Review and shortlist bid submissions.