Commodity Manager

Coherent; Penang; Hybrid; MYR 50,000 - 110,000; Full time

Job summary

Coherent is recruiting a procurement professional in Malaysia, Penang, for a hybrid role to lead category strategy, savings targets, and regional cost-reduction initiatives. You will negotiate MSAs, manage supplier relationships, and coordinate with internal stakeholders to drive value and mitigate risks.

The ideal candidate has 5+ years in procurement, strong analytics, and experience in contract management and strategic sourcing.

Qualifications

• Bachelor’s degree in business, engineering, finance, Procurement or a related field required
• 5+ years Procurement experience

Responsibilities

• Development of category strategy, goals and savings targets in line with company strategy, sourcing events, supply market analysis, and procurement best-practices
• Strong negotiation, project management and facilitation skills and leverage this knowledge for cost reduction opportunities across the region
• Negotiate MSAs, monitor compliance and timing of expiration
• Collaborate with internal business stakeholders in developing category strategy, objectives, and performance targets – availability, quality, cost, schedule, service, and innovation
• Act as central point of contact and knowledge for regionally coordinated efforts
• Nurture stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services that meet expectations
• Leverage extensive market and supplier knowledge to drive lower TCO
• Identify potential risks and create mitigation plans across risk types (supplier financial, quality, supply continuity, etc.)
• Drive continuous improvement efforts in total cost of ownership
• Manage new supplier selection processes and developing/maintaining supplier relationships
• Develop market intelligence on supply base, own key vendor relationships based on assigned categories and monitor key strategies and suppliers
• Accurately forecast total cost benefit opportunities
• Provide timely budget guidance to the businesses

Skills

Strategic sourcing

Contract management

Stakeholder management

Project management

Negotiation

Data analysis

Communication

Cross-functional collaboration

Education

Bachelor’s degree in business/engineering/finance or related field

Job description

• Development of category strategy, goals and savings targets in line with company strategy, sourcing events, supply market analysis, and procurement best-practices
• Strong negotiation, project management and facilitation skills and leverage this knowledge for cost reduction opportunities across the region
• Negotiate MSAs, monitor compliance and timing of expiration
• Collaborate with internal business stakeholders in developing category strategy, objectives, and performance targets – availability, quality, cost, schedule, service, and innovation
• Act as central point of contact and knowledge for regionally coordinated efforts
• Nurture stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services that meet expectations
• Leverage extensive market and supplier knowledge to drive lower TCO
• Identify potential risks and create mitigation plans across risk types (supplier financial, quality, supply continuity, etc.)
• Drive continuous improvement efforts in total cost of ownership
• Manage new supplier selection processes and developing/maintaining supplier relationships
• Develop market intelligence on supply base, own key vendor relationships based on assigned categories and monitor key strategies and suppliers
• Accurately forecast total cost benefit opportunities
• Provide timely budget guidance to the businesses

Education & Experience

• Bachelor’s degree in business, engineering, finance, Procurement or a related field required
• 5+ years Procurement experience

Skills

• Strong business acumen including structured problem solving, analytical skills, data analysis and solid understanding of strategic sourcing and contract management concepts required
• Strong history of thinking systemically, challenging the status quo and building value-based relationships required
• Ability to create, communicate and execute a strategic roadmap and influence collaboration and coordination
• Ability to multi-task and drive closure of open issues/concerns
• Creative and innovative problem solver with significant project management experience
• Strong experience in procurement processes and system integration projects
• Contract negotiation and management experience and skills
• Ability to work collaboratively, prioritize and meet deadlines under pressure
• Excellent written and verbal communication skills along with strong interpersonal skills

Working Conditions

This role is hybrid

CultureCommitment

Ensure adherence to company’s values (ICARE) in all aspects of your position at Coherent Corp.:

Iintegrity - Create an Environment of Trust

Ccollaboration - Innovate Through the Sharing of Ideas

Aaccountability - Own the Process and the Outcome

Rrespect - Recognize the Value in Everyone

Ethusiasm - Find a Sense of Purpose in Work

Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

Coherent is a global leader in lasers, engineered materials and networking components. We are a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent provides a comprehensive career development platform within an environment that challenges employees to perform at their best, while rewarding excellence and hard-work through a competitive compensation program. It's an exciting opportunity to work for a company that offers stability, longevity and growth. Come Join Us!

Primary Duties & Responsibilities

• Development of category strategy, goals and savings targets in line with company strategy, sourcing events, supply market analysis, and procurement best-practices
• Strong negotiation, project management and facilitation skills and leverage this knowledge for cost reduction opportunities across the region
• Negotiate MSAs, monitor compliance and timing of expiration
• Collaborate with internal business stakeholders in developing category strategy, objectives, and performance targets – availability, quality, cost, schedule, service, and innovation
• Act as central point of contact and knowledge for regionally coordinated efforts
• Nurture stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services that meet expectations
• Leverage extensive market and supplier knowledge to drive lower TCO
• Identify potential risks and create mitigation plans across risk types (supplier financial, quality, supply continuity, etc.)
• Drive continuous improvement efforts in total cost of ownership
• Manage new supplier selection processes and developing/maintaining supplier relationships
• Develop market intelligence on supply base, own key vendor relationships based on assigned categories and monitor key strategies and suppliers
• Accurately forecast total cost benefit opportunities
• Provide timely budget guidance to the businesses

Education & Experience

• Bachelor’s degree in business, engineering, finance, Procurement or a related field required
• 5+ years Procurement experience

Skills

• Strong business acumen including structured problem solving, analytical skills, data analysis and solid understanding of strategic sourcing and contract management concepts required
• Strong history of thinking systemically, challenging the status quo and building value-based relationships required
• Ability to create, communicate and execute a strategic roadmap and influence collaboration and coordination
• Ability to multi-task and drive closure of open issues/concerns
• Creative and innovative problem solver with significant project management experience
• Strong experience in procurement processes and system integration projects
• Contract negotiation and management experience and skills
• Ability to work collaboratively, prioritize and meet deadlines under pressure
• Excellent written and verbal communication skills along with strong interpersonal skills

Working Conditions

• This role is hybrid

CultureCommitment

Ensure adherence to company’s values (ICARE) in all aspects of your position at Coherent Corp.:

Iintegrity - Create an Environment of Trust

Ccollaboration - Innovate Through the Sharing of Ideas

Aaccountability - Own the Process and the Outcome

Rrespect - Recognize the Value in Everyone

Ethusiasm - Find a Sense of Purpose in Work

Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

Coherent is a global leader in lasers, engineered materials and networking components. We are a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent provides a comprehensive career development platform within an environment that challenges employees to perform at their best, while rewarding excellence and hard-work through a competitive compensation program. It's an exciting opportunity to work for a company that offers stability, longevity and growth. Come Join Us!

Unlock job insights

Hirer responsiveness Salary match Number of applicants

Machinery & Automation 1,001-5,000 employees

Coherent is currently expanding operations in Malaysia and the growth plan includes establishing an R&D center in Penang where we are hunting for the best and brightest to join us.

Founded in 1971, Coherent (formerly known as II-VI Incorporated) is a global provider of lasers and laser-based technology for scientific, commercial, and industrial customers. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. Coherent produces a wide variety of lasers, along with application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to enable its customers.

II-VI Malaysia began operations in 2001 through the incorporation of Finisar Malaysia with 300 headcounts, employs over 3400 employees at present. Ipoh's assembly and test site for optical components, transceivers, and wavelength management equipment, remains committed to the expansion of Coherent Corporation, accelerated by the growth of next generation products to meet the increasing demands for network bandwidth and data storage.

In addition to growth in other countries such as China, Vietnam, UK and Germany, Malaysia also benefits from the company's technology. In Malaysia, the company is expanding the facility to undertake design, development, and manufacturing of optoelectronic signal converter (800G), Coherent modules and reconfigurable optical add/drop multiplexers (ROADMS) with RM253M investments in Chemor, Perak.

You can view more information at www.coherent.com

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