Sourcing and Vendor Management Specialist
Trends Group Inc.
Date: 2 weeks ago
City: Bacoor
Contract type: Full time
PURPOSE
Reporting to the Procurement Manager, the Sourcing Specialist will play a vital part in driving cost savings and optimizing our supplier network. He/she will identify, evaluate, and negotiate with qualified vendors to secure goods and services required by the organization, ensuring both competitive pricing and quality standards.
Duties And Responsibilities
Minimum Education
Reporting to the Procurement Manager, the Sourcing Specialist will play a vital part in driving cost savings and optimizing our supplier network. He/she will identify, evaluate, and negotiate with qualified vendors to secure goods and services required by the organization, ensuring both competitive pricing and quality standards.
Duties And Responsibilities
- Conduct pre-qualification process to optimize or narrow down the vendors to be invited to RFP or RFQ.
- Float a competitive tender/bidding through RFP or RFQ for goods/services that have standard technical specifications.
- Propose supplier selection/market scan and evaluation criteria in coordination with the end user and jointly approved by user department and Procurement department.
- Conduct technical and commercial evaluation, in coordination with the user/technical team based on criteria set by user department. While the commercial evaluation will be in accordance with the Finance.
- Perform negotiations with a minimum of three (3) suppliers.
- Establish negotiation objectives, targets, and priorities.
- Evaluate negotiation outcomes and confirm acceptable negotiated outcomes.
- Award bid and coordinate with Vendor Management team for contract creation.
- Perform other duties that may be assigned.
Minimum Education
- Bachelor’s degree in engineering or business administration and accounting
- At least 2 years’ experience in sourcing or procurement role
- Proficiency in sourcing and vendor selection
- Strong understanding of sourcing principles, negotiation techniques, and contract management.
- Effective communication, interpersonal skills, and negotiation skills
- Strong attention to detail and accuracy
- Ability to work independently and as part of a team in a fast-paced environment
- Knowledge of ERP system or any bidding platform
- Will be assigned in Bacoor, Cavite
- Maybe required to travel in coordination with the Project Manager
- Maybe required to work beyond business hours to meet deadlines or for travel
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