Procurement Specialist

2 weeks ago

Taguig, Philippines Sun Life Full time

Overview

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Responsibilities
  • Conducts spend analysis on the category assigned and develops strategies that will provide most benefits to the organization.
  • Understands business requirements and enjoins internal clients in better spend planning and forecasting. Collaborates with internal and external business partners in the development of specifications and performs value engineering.
  • Conducts canvassing / biddings and develops terms and conditions based on the specifications and level of service. Conducts negotiations based on established information such as previous pricing and market trends.
  • Evaluates and analyzes competitive bids using a defined criteria and in consideration of total cost of ownership. Provides sound recommendations on vendor selection.
  • Conducts analysis of markets, including top suppliers per industry, pricing structures per commodity and latest technologies affecting supply of goods and services. Provides regular reports on the impact of these drivers to business activities.
  • Performs strategic sourcing and accreditation to determine best sources of supply and to determine capabilities of external partners / vendors.
  • Develops long-term relationship with vendors thru effective contract management and periodic performance evaluation.
  • Generates and monitors savings and initiate cost efficiency projects thru item standardization and business process re-engineering. Implements and monitors projects and ensures delivery of the committed value proposition.
  • Proactively resolves disagreements between internal partners and suppliers and recommends practical solutions to conflicts.
  • Partners with Disbursement to ensure timely payment to suppliers.
  • Effectively communicates process and policies to internal partners and suppliers to ensure compliance and efficiency.
  • Ensures timely delivery of goods and services thru effective coordination with vendors and efficient processing of requests.
Technical & Professional Knowledge
  • Supplier Relationship Management (SRM)
  • Contract Management
  • Project Management
  • Demand Management and Forecasting
  • Risk Management Client Relationship Management (CRM)
Capabilities
  • Excellent Communication Skills
  • Excellent Negotiation Skills
  • Effective Influencing Skills
  • High Analytical Skills and Critical Thinking

Job Category: Procurement

Posting End Date: 30/12/2025

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