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About S2S Soft
S2S Soft is a leading Global IT Solutions and Services company with a strong presence in the Industrial Internet sector. Our expertise spans various areas, including IT Staff, Document Management, Software Development, Mechanical Design, and Independent Software Vendors. We have a proven track record of delivering Technology initiatives and support for our clients' business processes in Enterprise Application Management, Custom Application Management, Business Intelligence & EAI, Infrastructure Management & Security, and Quality Assurance & Testing Services.
The Role
The Procurement Specialist plays a critical role in the procurement process, responsible for sourcing, purchasing, and managing inventory to ensure the availability of goods and services required by the organization. This position requires strong expertise in procurement and inventory management, as well as proficiency in SAP or other enterprise resource planning (ERP) systems. The ideal candidate will have a strong understanding of sourcing strategies, procurement best practices, and supply chain principles.
Key Responsibilities:
Sourcing and Procurement:
- Conduct market research to identify potential suppliers and evaluate their capabilities, quality standards, and pricing.
- Negotiate contracts and agreements with suppliers to secure favorable terms, pricing, and delivery schedules.
- Collaborate with internal stakeholders to understand their procurement needs and requirements.
- Monitor and analyze market trends, supplier performance, and industry developments to identify opportunities for cost savings and process improvements.
- Escalate potential and imminent Supply Chain or Commercial issues.
Purchase Order Management:
- Create and manage purchase Requisitions and Purchase orders in SAP procurement systems, ensuring accuracy and compliance with procurement policies and procedures.
- Coordinate with vendors and internal departments to track order status, resolve discrepancies, and expedite deliveries as needed.
- Maintain procurement records and documentation, including contracts, purchase orders, and supplier agreements.
Inventory Management:
- Monitor inventory levels and stock availability to prevent stockouts and minimize excess inventory.
- Analyze demand forecasts and consumption patterns to optimize inventory replenishment and stock allocation.
- Work closely with suppliers and logistics partners to coordinate shipments, warehouse operations, and inventory replenishment strategies.
Procure-to-Pay Process:
- Manage the procure-to-pay process, from requisition and purchase order creation to invoice processing and payment reconciliation.
- Verify supplier invoices for accuracy, resolve billing discrepancies, and ensure timely payment processing.
- Work with accounts payable and finance teams to reconcile purchase orders, invoices, and payments, ensuring compliance with budgetary constraints and financial controls.
Supplier Relationship Management:
- Cultivate and maintain strong relationships with key suppliers and vendors, fostering collaboration, transparency, and trust.
- Conduct supplier performance evaluations and audits to assess compliance with contractual agreements, quality standards, and delivery expectations.
- Address supplier issues and concerns promptly, seeking resolution through effective communication and negotiation.
Ideal Profile:
- Bachelor's degree in business administration, Supply Chain Management, or a related field.
- Minimum five years of experience as a Procurement Specialist or in a related field, preferably in a manufacturing or distribution environment.
- Proven user of SAP or other ERP systems for procurement and inventory management.
- Proficient use of MS Office software (Word, Excel, PowerPoint, MS Teams, MS Outlook).
- Strong negotiation skills and the ability to analyze supplier proposals and contracts.
- Knowledge of sourcing strategies, procurement best practices, and supply chain principles.
- Excellent communication (written and oral) in English, interpersonal, and problem-solving skills.
- Attention to detail and accuracy in managing procurement records and documentation.
- Ability to work collaboratively in a cross-functional team environment and prioritize tasks in a fast-paced setting.
- Support flexible work schedule (supporting all time zones) and willingness to work hybrid mode (home and office).
Preferred Qualifications:
- Professional certification in procurement or supply chain management (e.g., APICS, CPSM, CSCP).
- Experience with strategic sourcing initiatives, supplier development, and vendor performance management.
- Familiarity with lean manufacturing principles and continuous improvement methodologies.
- Proficiency in data analysis tools and techniques for supply chain optimization and cost reduction initiatives.
What's on Offer:
- Opportunity to make a positive impact
- Work alongside & learn from best in class talent
- A role that offers a breadth of learning opportunities