Indirect Procurement Specialist

Altera; Seberang Perai; On-site; MYR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an Indirect Procurement Specialist to enhance their procurement processes. In this pivotal role, you will collaborate with Category Managers and functional leaders to implement cost-saving strategies and improve supplier relationships. Your expertise in negotiation and analytical skills will be essential in driving efficiencies and ensuring compliance with procurement policies. This position offers a dynamic environment where your contributions will directly impact the company's operational success and cost management efforts. If you're passionate about procurement and looking to make a difference, this is the perfect opportunity for you.

Qualifications

• 4+ years of experience in Procurement or related Business functions.
• Ability to analyze data and calculate figures like discounts and percentages.

Responsibilities

• Support various procurement programs and manage key performance indicators.
• Negotiate supplier contracts and track spend management metrics.

Skills

Negotiation Skills

Analytical Skills

Supplier Relationship Management

Cost Savings Strategies

Attention to Detail

Education

Bachelor’s degree in Business

Bachelor’s degree in Supply Chain

Tools

Commercial Software Tools

Job description

Job Details

Job Description:

As Indirect Procurement Specialist, you will be responsible for supporting strategic sourcing and development of Indirect categories and services. Your strong collaboration skills and attention to details will support business and functional objectives. The position is responsible for supporting Indirect Category Managers, creating and executing cost savings projects and supporting various programs. The position is responsible for maintaining and supporting the company indirect buying process, ensuring associates are complying with the preferred Suppliers, while also supporting the contract management process.

In this role, you will be responsible for the following:

1. Support various programs including, but not limited to, Travel and Expense, Supplier Diversity, Contract Lifecycle Management and Contingent Workforce Management; Supports Procure-to-Pay activities, consisting of general PO and Supplier support and invoice resolution.
2. Apply specialized knowledge of the purchasing function to build purchasing excellence in supply chain.
3. Collaborate with Category Managers, Functional Leaders and teams to define, develop, and implement new Suppliers or services.
4. Support adoption of new/updated procurement systems and processes including a focus on internal customer support and guidance.
5. Recommend improvements in purchasing methodologies and procurement process flows and may actively participate in implementation and ongoing administration.
6. Manage key performance indicators to measure, control and benchmark procurement processes to drive improvements for the operations network.
7. Collaborate with and advise Category Managers and functional teams with key information that contributes to purchasing power and risk mitigation.
8. Build effective stakeholder relationships with Suppliers and other service providers, ensuring a high service level in terms of quotations and lead-times.
9. Negotiate Supplier contracts as per business needs, to purchase raw materials, equipment, tools, parts, services, and supplies.
10. Track and monitor spend management metrics.
11. Achieve year-over-year reductions in total costs of goods and services, while maintaining or improving supplier quality and service levels.
12. Leverage and apply strong understanding of contracting and negotiating, risk mitigation, and supplier relationship management to manage supplier relationships and provide sustainable cost, quality, availability, and technology solutions with adherence to procurement policies.

Qualifications:

1. Bachelor’s degree in Business, Supply Chain or related.
2. Experience – 4+ years in Procurement or other Business functions.
3. Experience in purchasing, sourcing, and contract management.
4. General understanding of contract terms & conditions, negotiation tactics.
5. Proven track record of negotiations that result in cost savings and risk avoidance.
6. Experience in structuring contracts and managing business relationships.
7. Ability to calculate figures and amounts such as discounts, rates, proportions, percentages.
8. Ability to analyze and interpret data.
9. Ability to utilize commercial software tools for analysis and project management.

Job Type: Regular

Shift: Shift 1 (Malaysia)

Primary Location: Penang 15

Additional Locations:

Posting Statement: All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.