
Inventory Management and Procurement Specialist
1 day ago
The primary objective of this role is to oversee banking device procurement, importation, and warehousing management. Key responsibilities include:
Main Responsibilities:- Collaborate with cross-functional stakeholders and external vendors to ensure seamless operations.
- Evaluate multiple available products/services in the market to meet user requirements.
- Compare goods/services with industry trends to determine appropriate pricing.
- Finalize vendor and cost through RFP process, considering user requirements and techno-commercial evaluation.
- Support users and legal functions for contract execution from a supply chain management perspective.
- Manage end-to-end activities related to warehousing & inventory control management for all banking products/devices.
- Coordinate with relevant user functions on a regular basis to understand their requirements/demands and manage sufficient inventories accordingly.
- Negotiate existing contracts to achieve cost savings through partner/agencies.
- Raise agreements as per contracting guidelines, ensuring timely renewal before expiry.
- Handle imports shipments end-to-end, coordinating with foreign partners, freight forwarders, CHA, and customs departments for material arrangements.
- Engage with user functions to resolve pain points related to purchase, warehousing, and import.
- Ensure vendor PO issuance and payment on time, coordinating with operations.
- Regularly coordinate with vendors for timely delivery of ordered products/services and collect inventory reports daily.
- Prepare and publish inventory reports for all products daily.
- Support data analysis for monthly procurement reports.
- Stay updated on industry trends and new products.
- Manage vendor partnerships to provide competitive pricing and timely services.
- A minimum of 10-12 years of experience in sourcing, importation, and warehousing & inventory control management.
- Knowledge of procurement practices and governance.
- Experience in collecting and analyzing procurement data.
- MBA or equivalent qualifications.
- Ability to effectively manage time in a dynamic environment and prioritize workload to meet scheduling demands and timelines.
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