Procurement Specialist

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.

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Job description (heading)

• The role is preferably with experience in handling professional services, consultancy services and other related services. Such services are considered non-PO. The candidate should have a strong background in negotiation, analysis and especially contracting. The candidate should be able to understand and negotiate contract terms.

• The role is responsible for the end-to-end acquisition of goods and services to support operational needs of Sunlife Financial Philippines. The role is expected to be highly skilled in sourcing, negotiations and contract management.

   

   

  The role should also be strategic in nature – collaborating with both internal and external partners in order to achieve cost efficiencies thru better demand management and supplier relationship management. The role should also have a better understanding of industry trends, drivers and regulations impacting business activities and should be well versed in different strategies that could be employed to deliver competitive advantage.

Skills (heading)

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

Qualifications (heading)

• University degree in business, engineering or supply chain courses
• At least five (5) years’ experience in Procurement
• Professional certification is a plus
• Preferably has done construction and facilities management-related procurement

Responsibilities (heading)

• 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.

Job Category:

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