Procurement Executive / Senior Executive

Rigol; Bayan Lepas; On-site; MYR 100,000 - 150,000; Full time

Job summary

A global test solutions company based in Penang is seeking a Procurement Executive/Senior Executive to manage supplier relationships, negotiate contracts, and optimize procurement processes. The candidate should have a Bachelor's degree in electronics-related fields and over 5 years of experience in supplier development, cost negotiation, and business contract management. Offering competitive perks including flexi working hours and medical benefits, this role is pivotal for ensuring quality supply and cost efficiency in operations.

Benefits

Free Working Meal

Flexi Working Hours

Free Parking Lot

Additional PA & Medical Insurance

Annual Medical Check Up / Dental / Optical

Additional EPF employer contribution

Birthday Gift, Festival Gift

Qualifications

• More than 5 years of experience in supplier development for electronics and related materials.
• More than 5 years of experience in business negotiation and contract management.
• More than 3 years of experience in data analysis of procurement business.

Responsibilities

• Identify and certify local and international suppliers.
• Lead price negotiations and develop cost management strategies.
• Draft, review, and negotiate procurement contracts.

Skills

Supplier development

Cost negotiation

Contract management

Data analysis

Inventory management

Education

Bachelor’s degree in electronics-related majors

Tools

ERP

SRM

SAP

Job description

Procurement Executive / Senior Executive

Identify, develop, and certify local and international suppliers through market analysis and RFQ processes. Conduct supplier assessments, capacity reviews, risk evaluations, and manage supplier lifecycle including onboarding and exit strategies.

2) Cost Negotiation & Management

Lead price negotiations with suppliers to achieve competitive pricing. Develop and implement cost management strategies, conduct cost analysis, benchmark against market trends, and achieve annual cost savings targets.

3) Contract Management

Draft, review, and negotiate procurement contracts, commercial terms, payment terms, and SLAs. Manage contract lifecycle, ensure compliance with company policies, and coordinate with legal and finance teams on contract matters.

4) Procurement Planning & Execution

Develop procurement and inventory plans based on sales forecasts and production requirements. Process purchase requisitions, issue purchase orders, manage MRP planning, and coordinate with planning and production teams to ensure material availability.

5) Delivery & Quality Management

Monitor contract execution, delivery schedules, and supplier on‑time delivery performance. Ensure quality compliance, expedite critical orders, resolve delivery issues, and manage acceptance processes to meet production timelines.

Evaluate material categories and identify key materials with supply risk. Lead supplier capacity assessments, risk analysis, and develop contingency plans to ensure supply continuity and minimize disruptions.

7) Systems, Reporting & Analysis

Establish and optimize procurement processes and deploy SRM systems. Prepare purchasing analysis reports, maintain procurement dashboards and KPIs, manage budgets, handle supplier reconciliation, payment tracking, and ensure accurate data management in ERP systems.

Bachelor’s degree or above, preferably in electronics-related majors.

Requirements:

• More than 5 years of experience in supplier development for electronics, PCBA and other related materials.
• More than 5 years of experience in business negotiation and contract management.
• More than 3 years of experience in data analysis of procurement business.
• More than 5 years of experience in ERP, SRM, SAP system and understanding of the basics of Lean.
• Familiar with inventory management and experience in independently leading inventory improvement projects.

Company Overview:

At RIGOL, we bring together talented people with the potential for innovation and vision to build the test and measurement foundation for a smarter world. We provide advanced test solutions to customers in more than 80 countries and regions worldwide, helping them to reduce test and measurement costs, accelerate design and project completion, and rapidly deploy new products and technologies. Our engineers support engineers around the world with measurements, creating more possibilities for their explorations.

Perks and Benefits:

• Free Working Meal
• Flexi Working Hours
• Free Parking Lot
• Additional PA & Medical Insurance
• Annual Medical Check Up / Dental / Optical
• Additional EPF employer contribution
• Birthday Gift, Festival Gift