Procurement Operations Specialist

7 days ago


Beijing, Beijing, China DBS Bank Full time

Principal Responsibilities

As a Procurement Operations Specialist, you will play a crucial role in leading strategic sourcing initiatives alongside cross-functional teams. Your primary focus will be on executing indirect sourcing activities and negotiations with suppliers to achieve favorable outcomes aligned with the organization's objectives.

You will be responsible for driving supply chain value and managing risks through proactive engagement with key stakeholders. Understanding business needs and market trends will be essential to your success.

Additionally, you will engage in vendor development to effectively control costs, enhance service quality, and mitigate risks, ensuring increased value from vendors throughout the procurement lifecycle.

You will also support management initiatives by analyzing staff survey data and collaborating with senior HR and management teams for program design and development.

Job Dimensions

This role encompasses increasing procurement influence and delivering value through effective stakeholder and vendor management. You will be accountable for maintaining service levels and ensuring internal customer satisfaction.

Education and Relevant Experience

A Bachelor’s degree or higher is required, along with 5 to 8 years of experience in IT, Professional Services, and Marketing Communications procurement. Expertise in vendor management is essential, and experience working in teams is advantageous.

A strong interest or background in automation is preferred, as well as experience in negotiating contracts with agencies and vendors, developing bidding processes based on stakeholder requirements, and conducting vendor evaluations.

Functional / Technical Competencies

The ideal candidate will demonstrate impeccable integrity, strong ownership of goals, and a determination to succeed. You should possess the drive and persistence to resolve issues and complete tasks despite challenges.

Being a team player who can thrive in a fast-paced environment and adapt to changing business needs is crucial. A solid understanding of category procurement practices and strategic methodologies to enhance bargaining power with suppliers is required.

Technical competencies should include knowledge of indirect sourcing, CIPS, and CPSM, as well as category management and spend analysis methodologies. Experience in the financial industry, along with regulatory and compliance knowledge, is beneficial. Experience in building procurement systems will be considered a plus.



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