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Procurement Officer/Supervisor

KWI Insurance PCL
KWI Insurance PCL (Sathon)
Bangkok, Thailand 🇹🇭
KWI Insurance PCL
Building a strong, sustainable, and diversified customer centric business, driven by established goal to create value for stakeholders, while being mindful of social and environmental responsibility. Committed to create values and maximizing long-term sustainable returns to local communities and stakeholders.

About this position

The Procurement Officer/Supervisor is responsible for managing negotiations with third parties, supporting cost-saving initiatives, and ensuring compliance with procurement processes and regulations.

Responsibilities

• Manage negotiation with third parties and liaise with legal and key stakeholders to ensure favorable commercial terms and mitigate business risk.
• Support Procurement lead with cost savings initiatives and the day-to-day management of key stakeholders and executing deals according to policy and agreed timelines (i.e. PR, PO, create new vendor, etc.).
• Estimate and establish cost parameters and budgets for purchases and maintain accurate records of purchases and pricing, and other related documents.
• Sourcing, negotiate, review, and analyze all vendors/suppliers, supply, and price options to develop plan for purchasing equipment, services and supplies to ensure all procurement processes are accurate and align with standard guideline and direction.
• Maintain and update list of suppliers and their qualifications, delivery times, and potential future development.
• Develop, maintain, verify, and evaluate all records to ensure compliance with financial, legal or company requirements and regulations.
• Provide overall oversight/review on procurement and vendor management. Monitor the vendor performance and contract implementation to ensure the procurement initiatives meet with relevant policies, regulations, and code of ethics.
• Revisit & propose procurement policies, procedures and forms/ templates/ reports to supervisor for consideration.
• Build and actively maintain vendor database with marketplace information including past experiences of the Company using that vendor, pricing, quality, and reliability for purchasing departments' reference.

Requirements

• Technical and professional knowledge – demonstrated understanding of key commercial risks in procurement; knowledgeable of and can apply procurement and contract best practices; effectively searches and uses industry and market insights.
• Excellent executor – proven project management skills; able to prioritize and juggle multiple and changing priorities; delivers sustainable results.