Procurement Manager

Power Integrations; Penang; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading company in the manufacturing sector is seeking a Procurement Manager to lead their procurement strategies in Penang. You will be responsible for enhancing supplier selection and negotiation processes, ensuring compliance and best practices. The ideal candidate will possess strong analytical, negotiation, and leadership skills along with relevant experience in procurement management.

Qualifications

• 5 years of experience in procurement management in manufacturing or high-tech industry.
• Proven success in supplier sourcing and contract negotiation.
• Hands-on experience with Oracle procurement software.

Responsibilities

• Develop and execute procurement strategies aligned with organizational goals.
• Drive supplier selection and development for quality and cost performance.
• Lead strategic sourcing initiatives and supplier agreements.

Skills

Analytical skills

Negotiation skills

Leadership skills

Communication skills

Collaboration skills

Education

Bachelor’s degree in Supply Chain, Engineering, Business, or related field

Tools

Oracle procurement software

Job description

Position: Procurement Manager

Location: Penang, Malaysia

Responsibilities

• Develop, lead, and execute procurement strategies aligned with organizational goals.
• Drive supplier selection, evaluation, and development for quality, cost, delivery, and risk performance.
• Lead strategic sourcing initiatives and long-term supplier agreements to achieve cost savings and value creation.
• Collaborate with engineering, planning, and quality teams to align sourcing with business and technical requirements.
• Analyze market and industry trends to identify procurement opportunities and mitigate risks.
• Oversee supplier negotiations including pricing, terms, and service-level agreements.
• Monitor supplier performance and conduct periodic business reviews to ensure compliance and continuous improvement.
• Implement procurement best practices, tools, and technologies including Oracle procurement modules.
• Ensure adherence to corporate governance, policies, and regulatory compliance.
• Lead and mentor the procurement team to enhance capability and execution.

Requirements

• Bachelor’s degree in Supply Chain, Engineering, Business, or related field.
• Minimum 5 years of experience in procurement management in manufacturing or high-tech industry.
• Proven success in supplier sourcing, contract negotiation, and supplier relationship management.
• Strong analytical, negotiation, and leadership skills.
• Hands-on experience with Oracle procurement software or similar ERP systems.
• Excellent communication, stakeholder engagement, and cross-functional collaboration skills.