Procurement Manager

Aisling Group; Kuala Lumpur; On-site; MYR 120,000 - 150,000; Full time

Job summary

A leading multinational company in Kuala Lumpur seeks an experienced Procurement Manager to lead the procurement activities. The role involves managing contracts, developing procurement strategies, and ensuring compliance with policies. Ideal candidates have over 8 years of experience in procurement, with strong negotiation skills and a solid grasp of market conditions. The position requires a Bachelor's Degree and excellent communication skills. It's a key role that significantly influences cost-efficiency and supplier relations.

Qualifications

• Minimum 8 years of experience in strategic sourcing or procurement, with 3 years in a managerial role.
• Experience in establishing and transforming the procurement process.
• Ability to assess contract compliance and product/service quality.

Responsibilities

• Lead and coordinate all aspects of the company's procurement activities.
• Manage procurement contracts and compliance by Business Units.
• Develop procurement strategies in collaboration with internal stakeholders.

Skills

Strong negotiation skills

Commercial acumen

Detail oriented

Analytical mind

Excellent communication skills

Networking

Education

Bachelor Degree in related field

Job description

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

The procurement manager will be responsible to lead, direct andcoordinate all aspects of the company's procurement activities in ensuring theacquisitions of goods and services are both cost-efficient and of highquality. The incumbent responsibilities also oversee the procurementacross the organization including supervising staff, managing contracts,maintaining positive supplier relations, evaluating supply options, andmaintaining accurate records. The incumbent needs to work closelywith internal stakeholders to understand business needs, developingprocurement strategies and implement initiatives to deliver value to thestakeholders. Role Description:

• Establishes and implements short and long-term procurement goals,objectives, strategic plans including monitors and evaluates theprogramme and operational effectiveness.
• Improve and evaluate the centralising of the company procurementactivities, and effects changes required for governance ofprocurement.
• Develops and consistently update policies, procedures, andobjectives for the company’s procurement and used as guideline throughoutan organisation; in accordance with best practices, procurementcodes, guidelines and company policy.
• Responsible in assuring the highest level of ethics in everytransaction; and ensure discretionary of authority limits, procurementpolicies and procedures meet internal and external compliancerequirement.
• Reviews and manage procurement contracts; coordinates contractcompliance by Business Units and problem resolution inconformance with policies, procedures and regulations; consults withlegal as required.
• Co-lead negotiation sessions with vendors with business units onprocurement contracts and makes recommendations designed tohave an impact result or of substantial annual savings.
• Support, communicate and liaises with business units to determinetheir procurement needs in Malaysia and overseas.
• A good grasp of the company’s current environment; to include on changesin industry sector, economic and organisational constraints, essentiallatest products and services knowledge in ensuring best value ofprocurement and smooth daily operation.
• Produce monthly report and fact sheets for analysis and processimprovement to mitigate risks to the company.
• Monitor and review operational efficiency indicators in the respectiveareas to ensure SLAs and standards are achieved.
• Ensure team development by providing guidance and coaching toeach employee so that they are familiar and expert in their respectivearea.

Requirements:

• Minimum Bachelor Degree in related field; preferably in an area suchas supply chain management, contracting, procurement, businessadministration, economics, finance or accounting.
• Minimum 8 years of experience in strategic sourcing or procurement,of which 3 years should be in managerial role.
• Strong negotiation skills and commercial acumen, able to managecontracting process.
• Experience in establishing and/ or transforming the procurementprocess, and overseas procurement are added advantage.
• Ability to assess contract compliance and product/service quality.
• Creative and skill in examining and re-engineering operations andprocedures, formulating policy, developing and implementing new orimproved strategies and initiatives.
• Ability to prepare end-to-end tender documentations, requests forquotes, and proposals in compliance with policies and procedures.
• Detail oriented with analytical mind and good with financial/businessanalysis techniques.
• Highly motivated with good business instincts, active participation,possesses dynamic mindset and a go-getter.
• Have high integrity, accountability and have a strong passion towardsnation building.
• People person and have mastery over good networking that enableto work effectively and collaborate simultaneously across internal(especially with procurement team and project team) and externalstakeholders.
• Excellent written and oral communications skills and also financial ordata analysis skills.