Procurement Sr. Specialist

4 weeks ago

Makati City, National Capital Region, Philippines Manulife Full time

This Procurement Sr. Specialist is responsible for procuring goods and services, supporting the business in maximizing the value of third-party investments, and maintaining this value with minimal organizational risk.

Position Responsibilities:

  1. Intake Review and Contract Creation
  • Review intake and ensure compliance with policies
  • Source, evaluate bids/quotations, and select vendors in accordance with policies
  • Negotiate pricing, terms, warranties with suppliers
  • Process and administer purchase orders/contracts within budget
  • Follow up to ensure timely deliveries
Strategic Project Management
  • Gather data, analyze spend and business needs, and make recommendations
  • Collaborate with stakeholders for sourcing requirements and specifications
  • Identify qualified vendors in the supply market
  • Conduct RFx processes (RFI, RFP, RFQ)
  • Present evaluation results and vendor selections
Cost Savings / Process Improvement
  • Identify and implement cost-saving initiatives and process improvements
  • Monitor progress and results of procurement projects
  • Develop project pipelines and forecast requirements
Vendor Management
  • Identify and qualify new vendors for cost-effective sourcing
  • Maintain and update vendor information
  • Ensure vendors meet accreditation requirements
  • Update the preferred vendor list
  • Negotiate payment terms and establish credit lines
  • Measure and manage supplier performance
  • Handle vendor-related incidents and collaborate on resolutions
Training and Communications
  • Communicate purchasing policies and procedures
  • Update on work progress
  • Support procurement tools and best practices rollout
  • Ensure compliance with policies and procedures
  • Support business inquiries and requests
  • Participate in procurement initiatives
  • Negotiate and award contracts
  • Coordinate contract updates with owners

Required Qualifications:

  • Minimum 5 years of procurement experience, preferably in insurance, banking, or similar industry
  • Graduate of a 4-year Business or relevant course
  • Good knowledge of products, supply management principles, and related technology
  • Skills: analytical, negotiation, interpersonal, customer focus, strong communication, adaptability

When you join our team:

  • We'll empower you to learn and grow your career
  • We'll support you in a flexible, inclusive environment
  • We'll help you shape the future you envision

About Manulife and John Hancock

Manulife Financial is a leading international financial services provider. Learn more at https://www.manulife.com/en/about/our-story.html.

Equal Opportunity Employer

We embrace diversity and foster an inclusive workplace, committed to fair recruitment, retention, and advancement practices without discrimination. We accommodate applicants with disabilities during the application process. For accommodations, contact recruitment@manulife.com.

Working Arrangement: Hybrid

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