Senior Executive Procurement Buyer
4 days ago
Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow and Succeed.
Responsible for controlling and monitoring the overall operation of procurement function for Facility Management and Property commodity, stakeholder relation, provide best competitive cost and deliver sustainable savings for the company which in line with all policies and procedures. Ensure expected quality of goods/services which meet established standard and requirements in effective, transparent vendor selection and vendor relationship management. Contribute to the accomplishment of department objectives, timely deliverables and demonstrate professionalism behaviour
1. To perform the daily activities of function related to procurement arrangements:
- Prepare and conduct end to end sourcing process include but not limited to advise and execute sourcing strategy, reviewing RFP, due diligence requirement, research potential vendors, review business requirement, negotiate, compare and evaluate proposal from vendors, prepare price analysis, vendor selection and announcement, contract management and other related process or documentations as required- Develop sourcing strategies (supplier and industry analysis. benchmarks, cost structure analysis and others) for and Identifies opportunities for strategic initiatives related with Property and Facility Management commodity or other commodities assigned by manager- Ensure compliance on procurement process and high levels of customer satisfaction.- Control on spending and build a culture of long-term saving on company costs
2. Control and maintain a continuous supply of good/service to ensure all stakeholder (internal client) request can be delivered on the promptly time, including administration on updating of expenses report and monitor actual expenses against budget.
4. Contract Management:
- Address vendor issues to ensure the highest level of service delivery and maintain contractual and long-term business relationships with vendors
- Review third-party contract, Maintain & improve Third-party supply base and its competitiveness in the market and vendor performance
- Identification of new potential supplier, leverage and consolidate third-party contract to gain best commercial outcomes
- Conducts vendor audits and evaluate based on audit facts or other key business criteria.
5. Undertake projects and assignment as directed by direct supervisor.
6. Contribute and support as individual contributor to deliver the best Procurement optimization for the company, including Proactively provide ideas for continuous improvement
7. Maintain High ethical Procurement standards and policies.
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