Procurement Specialist

Job Overview:
The Procurement Specialist under the Shared Services will serve as the primary point of contact for the company's purchasing needs, ensuring the acquisition of goods and services that deliver optimal value, quality, and timeliness. This role involves strategic sourcing, vendor management, contract negotiation, and ensuring compliance with procurement policies and procedures, all while maintaining cost efficiency.

Job Description:
- Manage the end-to-end procurement process from strategic sourcing of the right suppliers, negotiating terms, managing contracts, and assessing supplier performance.
- Work closely with internal teams to understand the company’s evolving operational and strategic needs, and provide the necessary procurement support.
- Foster strong relationships and maintain open communication with stakeholders to build a reliable pool of key suppliers.
- Negotiate contracts and agreements with suppliers to ensure smooth partnership, minimize conflicts, and secure the best possible terms and conditions for both ends.
- Ensuring supplier compliance with company policies, service-level agreements, proper procedures, and regulatory requirements.
- Monitor and manage supplier performance to ensure that each supplier delivers products or services by the agreement and in line with the company's standards.
- Conducts market research and reviews procurement data, which includes budget monitoring, to identify new opportunities, discover potential suppliers, streamline processes, and suggest cost-saving strategies.
- Manage purchase orders, track deliveries, and address any procurement-related issues.
- Oversee the receiving and processing of supplier billing/invoices per department, ensuring accuracy and timeliness.
- Maintain accurate records of purchases, contracts, and supplier evaluations.
- Ad hoc tasks assigned by the Manager.
- Perform other services for Biocostech Philippines Corporation's affiliates, and subsidiaries.

Job Qualifications:
- Candidate must possess at least a Bachelor's/College Degree in Business Studies/Administration/Management, Marketing Management, or equivalent.
- With at least two (2) years of relevant working experience in procurement, purchasing, supply chain management or any related field, preferably from an FMCG Industry.
- With knowledge of procurement regulations, crafting contracts, and market trends.
- Strong negotiation, communication, and relationship-building skills.
- Attention to detail and efficient organizational skills.
- Computer literate with a high degree of proficiency in the Microsoft Office Suite of products including Word, Excel, PowerPoint, and Outlook.