Ingredient Procurement Buyer

Hershey Company; Johor; On-site; MYR 60,000 - 90,000; Full time

Job summary

The Hershey Company in Johor, Malaysia is seeking an Ingredients Buyer to procure Specialty Ingredients in line with Hershey Global Procurement Policy and specifications. The role involves supplier selection, price negotiation, and driving saving projects.

Key duties include material procurement, productivity improvements, risk management, and system data/report management, with travel as needed. A Bachelor’s degree and at least 2 years in procurement are required.

Qualifications

• Bachelor’s degree with related business discipline.
• Minimum 2 years progressive business experience, 1+ year in procurement.
• Solid knowledge of purchasing principles and inventory analysis.

Responsibilities

• Procure materials in compliance with policy and audits.
• Source competitively and negotiate prices with suppliers.
• Support contract management and legal review for approvals.
• Assist internal customers in requirements gathering for development stages.
• Maintain supplier relationships and proactive communications.
• Develop productivity strategies and CI pipeline.
• Renegotiate terms to improve cash flow and supplier performance.
• Analyze market risk and develop sourcing strategy.

Skills

Purchasing principles

RFQ/RFP bidding

Sourcing

Analytical thinking

Planning & organizing

Financial mindset

Cross-functional collaboration

MS Excel

SAP / S4 Hana

Multitasking

Travel willingness

Education

Bachelor’s degree in any discipline

Tools

SAP / S4 Hana

Microsoft Office

Job description

Location

Johor, Malaysia

Summary

The Ingredients buyer is responsible to procure Specialty Ingredients with compliance to Hershey Global Procurement Policy, meet Hershey’s specification and business needs with most favorable prices through comprehending market intelligence, selecting appropriate supplier, negotiating competitive price, and generating & implementing saving project.

Major Duties

• 1. 35% – MATERIAL PROCUREMENT
  • Ensure all sourcings are conducted in compliance with Hershey Global Procurement Policy with proper documentation, processes and meet company systems and audits requirements.
  • Source competitively and negotiate with suppliers for most competitive price, monitor pricing movement and review price regularly.
  • Manage Contract to support procurement manager and partner with legal to negotiate and modify contracts, prepare and route for approval.
  • Support Innovation Project Development – Assist internal customers in identifying requirements, specifications, gather documents and provide support to facilitate the progress during the development stage as well as ensure the availability of products.
  • Ownership of supplier relationship – ensure concise communication between Hershey teams and suppliers, includes but not limited to Hershey requirement, feedback, timeline, and follow up proactively to drive for result.
• 2. 30% – PRODUCTIVITY & CONTINUOUS IMPROVEMENT
  • Contribute in developing Productivity Strategies & Pipeline to achieve CI target.
  • Follow up on CI projects implementation (manage timelines, next steps, activities, and ensure task completion).
  • Support cash flow objectives, renegotiate payment terms to achieve cashflow improvement target.
  • Hold suppliers’ accountable for their respective CI goals, payment terms extension, measure performance.
  • Update productivity pipeline data and cashflow improvement achievement, and ensure appropriate reporting and forecasting.
• 3. 20% – DEVELOP RISK MANAGEMENT & SOURCING STRATEGY
  • Understand the Business and Supply Environment. Monitor market situation and supplier operation status to identify potential risk including but not limited to market volatility, geopolitical situation and operational risks.
  • Analyze the occurrence probability of the risk and the impact, as well as developing the category risk management strategy.
  • Assist in developing sourcing strategy including spend category analysis, market research, identify and assess potential supplier and supplier selection.
• 4. 15% – SYSTEM WORK, DATA & REPORT MANAGEMENT
  • Review of Purchasing Info Record, purchase record and requirement data.
  • Provide accurate record and analytical report including but not limited to coverage report, spend report, ESG related reports & work with Accounts Payable (AP) to handle blocked invoices and supplier’s payment follow up.
  • Evaluate supplier performance through annual performance review. Timely update and share annual performance review results by 1st month of 2nd quarter, provide feedback to suppliers and monitor for improvement per performance review result.

Qualifications

• Knowledge of purchasing principles/techniques and inventory analysis and control.
• Knowledge in conducting RFQ/RFP bidding exercises, and negotiation skill.
• Strong, proven sourcing skills and expertise.
• Strong analytical, planning and organizational skills.
• Strong financial and business mindset.
• Ability to collaborate with internal departments, seek common ground and establish alignment on common goals.
• Knowledge of S4 Hana or SAP and Microsoft applications (Excel, Word, Powerpoint, etc).
• Ability to manage multiple tasks simultaneously; ability to prioritize in an ever-changing environment.
• Travel as needed (less than 20%).

Education & Experience

• Education: Bachelor’s degree in any discipline.
• Experience: Minimum 2 years progressive business experience with 1+ years procurement experience.