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Sourcing and Vendor Management Specialist

Trends Group, Inc.
Bacoor, Kabite
Full time
4 days ago

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

  • 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.

QUALIFICATIONS

Minimum Education

  • Bachelor’s degree in engineering or business administration and accounting

Minimum Experience/Training

  • At least 2 years’ experience in sourcing or procurement role

Competency

  • 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

WORKING CONDITIONS

  • 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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