Procurement Specialist (f/m/d)

Responsible for direct & indirect procurement processes of different TTI locations on global level, reporting to Procurement Head

Main Responsibilities

The procurement specialist in relation to the scope of responsibility as defined above will:

• Participate strategic sourcing & market research activities for technical and non-technical related purchasing requests for TTI entities.
• Conclude RFx and bidding processes and negotiations with potential vendors to obtain the best price of products and service with desired terms and conditions
• Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimize benefits for TTI.
• Prepare cost analysis tables to evaluate total cost of ownership
• Create Purchase Orders via SAP system and follow up the approval process
• Coordinate procurement activities to be consistent with TTI Group Company policies
• Arrange preparations of contracts in relation with Legal Unit and perform contract negotiations with the vendors related to all purchasing activities
• Follow up the renewal and termination of contracts through the Document and Contract Management System, ensuring contract compliance by applying SLA and penalty conditions of them
• Coordinate and track vendor performance evaluations and take required actions due to result of the evaluation
• Provide budget and procurement related statistical data and reports for senior management
• Identify and execute savings opportunities while improving service level
• Working closely with relevant business units to support their initiatives and plans
• Ensure and follow up the updated vendor and material master data in SAP system
• Participate supplier relationship management and continuous improvement initiatives for key and strategic suppliers and hold regular business reviews to assure timely implementation
• Initiate and implement process improvements which support the effectiveness and efficiency of the procurement process
• Carry out vendor management relations with multinational companies