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A leading company in procurement located in Penang, Malaysia, seeks a Procurement Specialist. The role involves managing supplier relationships, controlling costs, and overseeing the procurement process from requisition to delivery. Candidates should be skilled in negotiation, market analysis, and compliance. This position offers a dynamic environment where efficiency and quality assurance are paramount.
Supplier sourcing and management:Research and evaluate potential suppliers, negotiate contracts, and maintain positive, long-term relationships with vendors.
Cost and budget control:Analyze costs, negotiate the best prices, develop cost-reduction strategies, and manage procurement budgets to ensure financial efficiency.
Procurement process management:Manage the end-to-end procurement cycle, from creating purchase requisitions and orders to tracking inventory levels and ensuring timely delivery.
Analysis and reporting:Conduct market analysis to stay updated on industry trends and new products, and prepare procurement reports and data analysis for management.
Compliance and quality assurance:Ensure all purchases meet the company's quality standards, and all activities comply with relevant laws and company policies.
Record-keeping:Maintain accurate records of all purchasing activities, including pricing, orders, and vendor information.