Procurement Manager

Job Purpose: • To liaise with stake holders to develop and implement category plan and strategic sourcing;• To handle company procurement requests following the defined strategic sourcing to ensure the best values are delivered to the Company and risks to the Company are minimized /mitigated through effective contractual and service level agreement, whilst achieving cost savings (cost avoidance and cost reduction) for Prudential;
• To drive responsible sourcing for Prudential and locally implement sustainability program in line with Group strategies.Job Responsibilities: Key job responsibilities assigned to this position are:• Develop category plan and partner with the business stakeholders to understand sourcing needs;
• Highlight purchasing trends and analyze spend to management for action to be taken through new principal sourcing plans. Ensure strategic sourcing implemented;
• Establish and drive cost saving targets. Control spend and build up a culture of long-term savings for third party spend;
• Provide optimum sourcing strategy to deliver the most valuable and righteous goods and services and beyond the corporate standards;
• Act as Procurement Business Partner to support business in awareness and compliance to procurement policies and procedures, third party risk governance;
• Identify new vendors as necessary and determine the optimal set of providers for goods and services;
• Manage daily operations related to in-charged categories, system process, document retention and procure-to-pay issues;
• Initiate and implement ESG programs under Sustainability strategies from Group or from BOD;
• Manage stakeholders to drive sustainable and responsible sourcing for the company;
• Perform other tasks as appropriate within competence as assigned by Line Manager/ Head of Procurement or Company's management.Job Accountabilities:• Manage to achieve the set objectives, esp. in cost effieciency and value added to business;
• Develop and implement category management plan and strategic sourcing;
• Collaborate spend governance with business stakeholders;
• Ensure the projects are delivered with the agreed quality on a timely manner;
• Ensure all the works are strictly complied with Company's procedures & regulation;
• Partner with regional / global procurement team in big projects;
• Develop and execute Sustainability of Procurement individually and Prudential generally following to local and global strategies.