International Procurement Executive
VTL (SINGAPORE) PTE. LTD.

Job Summary
The International Procurement Executive is responsible for developing and executing procurement strategies that ensure the cost-effective acquisition of goods and services worldwide. The role involves supplier relationship management, risk mitigation, contract negotiations, and ensuring compliance with global procurement policies. This position plays a pivotal role in optimizing supply chain efficiency, sustainability, and total cost of ownership (TCO). The role also requires a strong understanding of international trade terms (Incoterms), bank trade-related documents (LCs, SBLCs, B/Ls), and end-to-end export/import documentation and compliance requirements. The candidate should also demonstrate experience in managing global logistics operations, especially ocean and air freight, with a strong command of shipping rate negotiation, carrier selection, fast transit routing, and freight forwarding coordination.
Key Responsibilities
- Develop and implement global procurement strategies aligned with company objectives.
- Identify and qualify new suppliers globally, ensuring competitive advantage and risk diversification.
- Lead category management across direct and indirect procurement.
- Negotiate contracts with suppliers.
- Build and maintain strategic relationships with key suppliers to foster innovation, quality, and service excellence.
- Monitor supplier performance via KPIs (on-time delivery, cost, quality, ESG standards).
- Lead cost-saving initiatives across product categories.
- Monitor market trends and geopolitical risks affecting pricing and availability.
- Implement risk management and business continuity strategies.
- Digitize and automate procurement workflows (e.g., e-procurement tools, ERP systems).
- Participate in sourcing decisions for new product introductions (NPIs).
- Support sustainability goals through responsible sourcing and supplier engagement.
- Oversee the preparation, verification, and management of import/export documentation and trade compliance.
- Understand and apply Incoterms, and manage international payment methods such as letters of credit (LC), standby LCs, and documentary collections.
- Manage and successfully close any claims with suppliers.
- Manage global logistics operations with a focus on ocean and air freight optimization.
- Negotiate international shipping rates and service contracts with freight forwarders and carriers.
- Select appropriate carriers and shipping routes to ensure fast and cost-effective transit.
- Ensure full compliance with international trade, customs clearance, and freight documentation.
Qualifications
Education:
- Bachelor’s degree in Supply Chain, Business, Engineering, or related field.
- MBA or professional certification (e.g., CIPS, CPSM) preferred.
Experience:
- 7+ years of procurement experience in a global or multi-site organization.
- Strong background in international sourcing and logistics.
- Experience in contract negotiation and vendor management.
Skills:
- Exceptional negotiation and analytical skills.
- Excellent communication, stakeholder management, and leadership skills.
- In-depth understanding of Incoterms, trade finance documents (LCs, B/Ls, etc.), and international logistics.
- Proven ability to manage international logistics, including ocean freight, route optimization, and customs coordination.
Languages:
- Fluent in English; additional languages are a plus.
Key Performance Indicators (KPIs)
1. Cost & Savings Optimization
- Cost savings achieved (actual vs. target, % of addressable spend)
- Cost avoidance metrics (e.g., negotiated discounts, avoided price increases)
- Spend under management (% of total spend)
- Total cost of ownership (TCO) reduction
2. Supplier Performance & Management
- Supplier on-time delivery rate (%)
- Supplier quality performance (% defect-free deliveries)
- Supplier lead time compliance (%)
- Supplier diversity (% spend with diverse suppliers)
- Supplier risk rating / audit scorecard adherence
3. Procurement Process Efficiency
- Procurement cycle time (requisition to PO, PO to delivery)
- PO accuracy rate
- Invoice matching accuracy (% 3-way match rate)
4. Strategic Sourcing & Innovation
- % of strategic sourcing projects completed on time
- Number of new suppliers successfully onboarded
5. Customer Satisfaction & Collaboration
- Customer satisfaction score (via surveys)
- Procurement delivery satisfaction
- Business unit alignment rate (e.g., joint initiatives launched)
6. Customer Satisfaction & Collaboration
- Average international freight cost per unit/ton/container
- Percentage of shipments delivered on-time (OTD)
- Ocean freight transit time variance (actual vs. planned)
- Freight claim ratio (% of damaged/lost shipments)
- Freight consolidation rate (% of shipments consolidated)
- Customs clearance lead time (average hours/days per region)
- Number of expedited shipments vs. planned shipments (%)
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