Procurement Executive

Posses at least a Professional Certificate, Diploma, Advanced / Higher / Graduate Diploma / Procurement or equivalent
• Should have 4 – 5 years of working experience, with 2-3 years specifically in purchasing and negotiation.
• Proficiency with computers, specifically ERP systems are essential.
• Strong communication skills are a must.
• Mandarin speaking will be a bonus point

Responsibilities
• Process the purchase orders by liaising with suppliers or principals.
• Review stock purchase by monitoring market conditions, current stock levels, lead time required for manufacturing, potential price increase, anticipation of new orders from customer, suppliers’ conditions.
• Ensure all purchase are approved with company guidelines.
• Avoid overstocking by working with the Sales team and warehouse manager on slow moving inventory.
• Track annual purchasing commitments to principal.
• Assist in the sourcing locally and overseas for new goods not supplied by regular principals / suppliers.
• Arrange air and sea freight and liaise with forwarders on services and costs.
• Manage the local and overseas purchase enquiries
• Ensure insurance declaration is done for purchases
• Cost of goods purchased by incorporating freight and ensure that all costs incurred in operating dept are kept within control
• Organize the purchasing team to ensure even workload, coverage of duties and training
• Review regularly processes to streamline, improve throughput and reduce paper work and rework.
• Ensure seamless integration with logistics / warehouse and production department.
• To monitor price fluctuation and communicating with supplier on the changes if necessarily
• To address and update vendors on the specific requirement and the company objective in order to ensure long term benefits.
• Work with vendor to ensure products are delivered just-in-time