Procurement Executive

Job Detail

Sourcing & procurement of indirect material & services necessary (goods and services not related to engines builds to enable it to maintain and develop the operations) Negotiate with existing & prospective suppliers for the best terms & conditions and maintain relationships on strategic or critical supplies Work with various departments on the smooth kick-off of projects and tenders Vendor Management addressing quality, cost and delivery issues and vendor evaluation for performance Data Analytic and data compilation for decision making Employ creativity and innovation to effectively manage their budget while seeking out cost savings from suppliers. Develop and build strategic partnership with key vendors Re Analyse current cost spending and provide opportunities for cost savings Work with various stakeholder to achieve desire KPIs for cost reduction. Conduct extensive research into future developments within various markets, ensuring they remain up to date with industry knowledge. Support localization programs and initiate cost-reduction activities set by the management from time to time or on a regular basis and to meet those targets Build rapport with various internal and external stakeholders to identify cost saving opportunities if appropriate Lead in process improvement and cost saving projects Responsible for compliance with Company Guidelines, Policies and Procedures Comply and uphold all procurement processes and policies Support monthly reporting for management review as needed Manage daily operational purchasing activities Build strong working relationships with both internal stakeholders and key suppliers Manage contract negotiation based on standard contract template Assist in performing all other relevant procurement activities within the scope as outlined above Other administrative tasks as and when assigned/required to ensure purchases can be carried out smoothly, timely, and in compliance