Principal Specialist - Strategic Sourcing

Microchip Technology; Bayan Lepas; On-site; MYR 180,000 - 300,000; Full time

Job summary

Microchip Technology Malaysia is seeking a Principal Specialist - Strategic Sourcing to drive end-to-end sourcing, optimize supplier base, and deliver cost savings across multiple categories. You will collaborate with engineering, R&D, product management, finance and operations to align procurement with company goals.

The role requires a decade of procurement experience, strong negotiation and analytics, and the ability to manage complex supplier relationships while ensuring regulatory

Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or related field.
• Minimum of 10 years of procurement or supply chain management experience.
• Strong negotiation, analytical, and project management skills.
• Excellent communication and stakeholder management abilities.
• Proven track record of cost savings and efficiency improvements.
• Understanding of global supply chain dynamics.
• Experience with contract law and regulatory compliance.

Responsibilities

• Develop and execute strategic sourcing plans for assigned categories.
• Manage end-to-end sourcing processes including market analysis, RFP/RFQ, supplier evaluation, and contract negotiations.
• Build and maintain relationships with internal stakeholders to deliver sourcing solutions.
• Identify, evaluate and onboard new suppliers to drive cost savings and risk mitigation.
• Analyze spend data and market trends to identify opportunities for cost reduction.
• Monitor supplier performance and resolve issues to ensure compliance with contracts and SLAs.
• Support sustainability and diversity initiatives within the supply base.
• Develop and implement sourcing strategies to optimize procurement processes.
• Conduct market analysis to identify potential suppliers and assess market trends.
• Negotiate contracts and pricing to secure best terms.
• Collaborate with other departments to understand procurement needs.
• Monitor supplier performance and maintain strong vendor relationships.
• Evaluate and mitigate supply chain risks.
• Ensure compliance with company policies and regulatory requirements.
• Identify cost-saving opportunities and drive continuous improvement.
• Prepare and present sourcing reports to senior management.
• Lead cross-functional teams in strategic sourcing projects.
• Identify and vet new suppliers, especially for hard-to-source components.
• Obtain quotes, negotiate pricing, and issue purchase orders per policies.
• Build and maintain supplier relationships addressing discrepancies in orders, quality, delivery, and pricing.
• Support production readiness by setting up new parts for purchase and coordinating NPIs to production procurement.
• Work with engineering and R&D on pre-production approvals and change control for materials.
• Coordinate with engineering and product management for new product introductions and end-of-life phase outs.
• Collaborate cross-functionally with internal teams to mitigate disruptions.
• Other duties as assigned.

Skills

Negotiation

Analytical

Project management

Stakeholder management

Strategic thinking

Cost savings

Sourcing strategies

Market analysis

Vendor relationships

Education

Bachelor’s degree in Supply Chain Management

Master’s degree or CPSM/CIPS preferred

Tools

Excel

PowerPoint

Word

Job description

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Principal Specialist - Strategic Sourcing

Assist in developing and executing strategic sourcing plans for assigned categories, ensuring alignment with businessobjectives.

Engage in end-to-end sourcing processes, including market analysis, RFP/RFQ management, supplier evaluation, negotiation,and contract negotiations.

Build and maintain strong relationships with internal stakeholders to understand requirements and deliver sourcing solutions that meet business needs.

Assist in identifying, evaluating, and onboarding new suppliers to drive innovation, cost savings, and risk mitigation.

Analyze spend data and market trends to identify opportunities for cost reduction and process improvement.

Monitor supplier performance, manage supplier relationships, and resolve issues to ensure compliance with contractual terms and service level agreements.

Support sustainability and diversity initiatives within the supply base.

Develop and implement sourcing strategies to optimize procurement processes.

Conduct market analysis to identify potential suppliers and assess market trends.

Negotiate contracts and pricing with suppliers to secure the best terms.

Collaborate with other departments to understand their procurement needs.

Monitor supplier performance and maintain strong vendor relationships.

Evaluate and mitigate risks associated with the supply chain.

Ensure compliance with company policies and regulatory requirements.

Identify cost-saving opportunities and drive continuous improvement initiatives.

Prepare and present sourcing reports to senior management.

Lead cross-functional teams in strategic sourcing projects.

Identify and vet new suppliers, especially for hard-to-source or specialized components

Obtain quotes, negotiate pricing, and issue purchase orders in accordance with company policies and cost objectives.

Build and maintain relationships with suppliers, addressing discrepancies or issues with orders, quality, delivery, and pricing

Support production readiness by ensuring new parts are set-up for purchase and coordinate the transition from NPI toproduction procurement teams.

Work with engineering and R&D teams on pre-production approvals and change control documentation for materials.

Coordinate with engineering and product management for new product introductions and end of life product phase outs.

Collaborate cross-functionally with internal teams (technology, engineering, product marketing, finance, operations and quality)to mitigate disruptions.

Other duties as assigned.

Qualifications/Requirements

Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or related field; Master’s degree orrelevant certifications (e.g., CPSM, CIPS) preferred.

Minimum of 10 years of experience in procurement, or supply chain management, preferably in a complex, multinationalenvironment.

Strong negotiation, analytical, and project management skills.

Excellent communication and stakeholder management abilities.

Exceptional negotiation and communication abilities.

Proven track record of cost savings and efficiency improvements.

Understanding of global supply chain dynamics.

Experience with contract law and regulatory compliance.

Strong analytical skills and ability to analyze complex data.

Excellent negotiation skills and ability to build strong supplier relationships.

Knowledge of sourcing and procurement techniques as well as a dexterity in analyzing market trends.

Strong ability to work under pressure and meet tight deadlines.

Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

Excellent written and verbal communication skills.

Strong organizational and project management skills