Job Overview:
The Procurement Manager will be responsible for developing and implementing the most cost-effective way of purchasing supplies for the company and ensuring that the quality of purchased supplies meets the company’s operating needs.
He/she will ensure that the inventory level is kept optimal at all times (i.e. minimize stock-out and overstocking situations) and lead the procurement team to achieve department KPIs.
Job Responsibilities
• Prepare monthly management reports.
• Oversee procurement activities and ensure timely completion of procurement.
• Source and liaise with local and overseas suppliers to negotiate or obtain competitive pricing. Build effective working relationships with local/oversea suppliers.
• Track sales, usage and inventory level to ensure company maintains a healthy level of stock and no stock-out situations.
• Ensure that all contractual agreements are properly filled and negotiate renewals or source of new suppliers to secure the bast price for the company.
• Provide regular and ad-hoc reporting and analysis (e.g. COGS and inventory reports, procurement reports) as needed to help manage and drive business results.
• Any other ad hoc duties as assigned by the management.
Job Requirements
• Minimum 5 years of relevant procurement and vendor management experience within the F&B industry.
• Proven track record of delivering results in the areas of cost management, vendor management, quality controls and inventory management.
• Proactive, resourceful and independent.
• Possess strong leadership, communication, analytical, decision-making and negotiation skills.