Procurement Sourcing Specialist

Job Description

Profile: The person would be building and managing strong supplier relationships, developing and executing procurement strategies, and mitigating risks associated with supply chain disruptions.

Responsibilities:

• Identifying and evaluating potential domestic and international suppliers, analysing market trends, and assessing supplier capabilities and risks. 
• Develop & execute procurement strategies which support market to excel
• This includes supplier selection, development of alternative suppliers, and supplier consolidation to ensure sourcing optimization and overall supplier performance
• Negotiating favourable terms and contracts with domestic and international vendors, including pricing, product information, payment terms, and delivery schedules for order finalisation 
• Make sure that company is partnered with the correct suppliers in the market to drive long term value
• Follow up with suppliers on regular basis to ensure shipment and delivery on promised dates
• Record price movements of key raw materials & finished goods
• Update supplier register daily to track raw material purchases

Required skills

• Procurement
• Raw material procurement
• Direct purchase
• Strategic sourcing

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