Head of Procurement

Chartered Institute of Procurement and Supply (CIPS); Malaysia; On-site; MYR 120,000 - 180,000; Full time

Job summary

A major transportation group is seeking a Procurement Lead to develop and implement effective procurement strategies. The role involves managing supplier relationships, optimizing costs, and ensuring compliance with Malaysian regulations. Candidates must have experience in procurement leadership, market analysis, and contract negotiation. This position requires strong strategic planning and team management skills to foster a culture of excellence within the procurement team.

Qualifications

• Proven experience in developing and implementing procurement strategies.
• Strong understanding of supply chain management and procurement compliance.
• Experience in leading and developing a procurement team.

Responsibilities

• Lead the procurement strategy and operations for the organization.
• Establish partnerships with suppliers to ensure quality and cost-effectiveness.
• Manage the tender process and negotiate contracts with vendors.
• Conduct regular supplier performance reviews and mitigate procurement risks.

Skills

Strategic planning

Supplier relationship management

Cost optimization

Negotiation skills

Leadership qualities

Market trend analysis

Education

Relevant procurement or management qualification

Job description

Job Description

Our client, a major transportation group of companies, is looking for a person for the above role.

Job Purpose

Responsible for leading the procurement strategy, operations, and supplier relationship management to optimize cost, quality, and efficiency in support of the organisation's objectives.

Accountable for developing a strategic approach to the corporate procurement and material management process for the purchase, ensuring the efficiency and cost-effectiveness of the process within the organization, develop and/or update procurement policies and procedures and to ensure alignment with organizational goals, compliance with regulations, and sustainability in procurement practices.

Key Accountabilities

• Develop and implement a full procurement strategy to support organizational objectives; including liaising with senior management to adapt to strategic objectives, carrying out business intelligence, identifying the needs of the various business units;
• Lead procurement planning, forecasting, and budgeting to optimize cost and value across the organization group;
• Responsible for the overall EBITDA and revenue performance of the Group, with accountability for cost optimization initiatives. This includes driving these efforts and providing guidance to the relevant stakeholders;
• Establish strategic partnerships with suppliers/vendors to ensure quality, reliability, and cost-effectiveness;
• Manage tender process and get BOD approval;
• Forecast ongoing demand for goods and services, monitoring by milestones, implementing processes and tools;
• Conduct regular supplier performance reviews, negotiate contracts, and mitigate risks related to supply chain disruptions; including monitoring suppliers and procurement performance: drawing up specifications, defining key performance indicators;
• Stay updated on market trends, maintain an in-depth knowledge of industry developments and regulatory changes;
• Ensure ethical sourcing practices and compliance with Malaysian procurement regulations;
• Implement technology and data analytics to enhance procurement efficiency and transparency;
• Identify and manage procurement risks, ensuring compliance with company policies, government regulations, and international standards;
• Collaborate with cross-functional teams, including operations, finance, and legal, to align procurement with organizational goals; and
• Lead, mentor, and develop a high-performing procurement team, fostering a culture of excellence and accountability. This includes optimizing organization, recruiting new talent, leading, and identify the best training programme and industry certification for the team.