Procurement Executive at Ascentech Services Limited

Responsibilities

• Obtaining material requisition from various units for all items
• Inventory: Ensuring stock movements in coverage locations are above standard minimum level at all times in order to avoid OOS (Out-Of-Stock) and monitor the items’ Re-Order level
• Compile material usage trend to identify excessive usage/waste, ensure economy utilization of items and provide report
• Providing procurement solution and product research in order to identify items that meet the specific requirement with efficient performance
• Undertake regular visit to assess the competence and qualification of the vendors
• Responsible for maintaining proper correspondences with vendors (keeping all necessary stakeholders in loop)
• Ensuring that items are delivered OTIF (On-Time-In-Full) in order to meet material requisition through proper Order tracking system
• Conduct ROI analysis for critical items and comparison of values to provide necessary cost saving and economy of resources to the organization
• Perform Procurement process optimization through constant suppliers’ evaluation and selection
• Responsible for verifying Proformas/Quotations, following due process in obtaining requisite approvals for purchase orders and communicating order confirmation to the vendor
• Responsible for proper documentation & filing of processes, orders, all relevant records and registers
• Responsible for verifying Debit Notes for any claim from Suppliers and obtain Credit Notes from Vendors within appropriate time frame

Other Accountabilities:

• Ensuring all Administrative issues which could impair OTIF are resolved within a reasonable timeframe and necessary escalation is made if delayed
• Other duties that may be assigned from time to time by the FC/BH

Qualifications and Skills

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• Minimum of 2-3 years of experience in the manufacturing environment and exposed to Project procurement.
• Strong negotiation and communication skills.
• Excellent analytical and problem-solving abilities.
• Proficient in using procurement software and tools.
• Knowledge of contract law and procurement best practices.