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Procurement Associate
Procurement Associate-November 2024
Singapore
Nov 13, 2024
ABOUT AMERICAN EXPRESS
American Express is a global services company, providing customers with exceptional access to products, insights, and experiences that enrich lives and build business success.
10,000+ employees
Consumer Goods & Services, Financial Services
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About Procurement Associate

  Description

  You Lead the Way. We’ve Got Your Back.

  With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

  At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

  Join Team Amex and let's lead the way together.

  How will you make an impact in this role?

  Our industry is rapidly evolving, and we need courageous, quick thinkers who can shape the strategic decisions that lead our business forward. Whether it’s negotiating with some of our largest global partners or creating next year’s financial plan, you can influence both our day-to-day P&L and the future direction of the company. As part of the team, you can have the opportunity to learn and use the latest data tools and technologies and explore a range of roles to grow your career. Find your place in finance on #TeamAmex.

  Description

  Global Supply Management (GSM) is responsible for helping AMEX maximize the purchasing power of third party spend. Strategic Sourcing & Business Enablement (SS&BE) is GSM’s face to AXP colleagues and suppliers. We provide strategic consultation, bringing global value perspective, negotiation, and delivery to maximize purchasing power of supplier spend and to free up investment capacity through deeper partnerships with our BUs. SS&BE is also responsible for managing our supplier strategy with our business partners, identifying, and on-boarding new suppliers, realizing significant cost saves and revenue generation, collaborating with Source to Contract team and ensuring an optimal user experience for AMEX colleagues and suppliers.

  The Strategic Sourcing Associate is based in Singapore and reports into the SS&BE Market Lead ASEAN to support strategic sourcing and category plans in commodities such as Marketing, Professional Services, Human Resources across ASEAN.

  The role is required to collaborate with a team of Procurement colleagues in Singapore and remote based resources across the region and globally to identify and deploy strategies that will best achieve the business needs.

  The role is expected to leverage market intelligence in the pursuit of optimizing supply alternatives and opportunities from competitive cost and high-quality service.

  Key Responsibilities:

  Identifying, collaborating and executing on agreed sourcing and category plan strategies with Business Partners

  Performing RFI, market analysis, total cost modelling, benchmarking and spend analysis

  Supporting RFI/RFP/RFQ, supplier and negotiation process

  Conducting meetings between Amex and suppliers in support of RFI/RFPs and ensure project timelines and deliverables are met

  Tracking and providing regular reporting and updates to the relevant parties (including line management, regional/global GSM team and key stakeholders) on project status

  Leading or participating in cross markets/regional initiatives as defined by GSM leadership

  Leading sourcing activities across functional lines, markets, business units that have a major impact on American Express’ expense, revenue and profitability

  Maintaining and promoting the AMEX Values by ensuring that work is completed to the highest professional, legal, and regulatory standards, and that the activities subject to review/procurement comply with the Company's stated business ethics

  Required Skills:

  Minimum of two years of procurement experience

  Evidence of strong procurement experience, competitive intelligence, and capabilities across all categories

  Procurement professional with operating knowledge of contract law, local/regional/global sourcing strategies, risk management, vendor due diligence, supplier development and complex negotiations skills

  Ability to manage day to day business priorities along with long term strategic deliverables

  Strong project management skills and financial experience including development of CBAs and financial models

  Passion for using analytics to develop insights and recommendations, solve business challenges, improve the customer experience, and drive bottom line results

  Strong communication and influencing skills with evidence of consistently delivering cost savings and value-add opportunities

  Ability to proactively drive internal stakeholder and external supplier relationships

  Positive attitude, flexibility and ability to deal with ambiguity and rapid change

  Experience with various eProcurement tools like Ariba Sourcing and Oracle will be advantageous

  Qualifications

  We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

  Competitive base salaries

  Bonus incentives

  Support for financial-well-being and retirement

  Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)

  Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need

  Generous paid parental leave policies (depending on your location)

  Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)

  Free and confidential counseling support through our Healthy Minds program

  Career development and training opportunities

  Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

  Job: Purchasing/Procurement

  Primary Location: Singapore-Singapore-Singapore

  Schedule Full-time

  Req ID: 24000208

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