Purchasing Officer

IBIDEN Electronics Malaysia Sdn Bhd; Seberang Perai; On-site; MYR 50,000 - 70,000; Full time

Job summary

A leading electronics manufacturer in Penang seeks a Purchasing Officer to manage procurement activities. In this role, you will handle purchasing functions, negotiate contracts with suppliers, and manage inventory levels to ensure optimal stock. Candidates should have a Bachelor's degree in a relevant field and at least 2 years of experience in a procurement role. Strong negotiation skills and market research abilities are essential.

Qualifications

• 2+ years of experience in a procurement role is preferred.

Responsibilities

• Handle purchasing activities and price negotiations.
• Manage direct and indirect material inventories.
• Conduct research on potential products and suppliers.
• Negotiate contracts and pricing with suppliers.
• Evaluate supplier performance and maintain relationships.
• Prepare and process purchase orders.
• Monitor stock levels and coordinate deliveries.
• Conduct market research on emerging trends.

Skills

Price negotiation

Supplier relationship management

Market research

Inventory management

Education

Bachelor's degree in business administration, Supply Chain Management, Logistics, Finance, or a related field

Job description

Handling purchasing activities, including sourcing from external suppliers, price negotiation, handling requester inquiries, monitoring material and services delivery completeness.

Manage direct & indirect material inventories stock level and collaborate with respective buyer for placing orders to ensure no shortage and excess of materials.

Conduct research on potential products, vendors, and services, comparing price, quality, and delivery terms to ensure the best value for the company.

Negotiate contracts, terms of agreement, and pricing with suppliers to secure advantageous deals and cost-effective solutions.

Evaluate supplier performance, approve payments, and maintain positive, long-term relationships with key vendors.

Prepare and process purchase orders, ensuring accuracy and completeness of documentation.

Monitor stock levels, track orders, and coordinate with warehouse staff to ensure timely delivery and proper storage of purchased items.

Maintain and update comprehensive records of purchased products, supplier information, delivery details, and invoices.

Collaborate with internal departments to identify purchasing needs, assess requirements, and ensure procurement aligns with budgetary constraints and quality standards.

Conduct market research to stay abreast of emerging trends, new products, and business opportunities.

Prepare reports on purchases, including cost analyses, and identify opportunities for cost-saving and process optimization.

Ensure compliance with procurement policies, procedures, and relevant legal and ethical standards.

Qualifications

Bachelor's degree in business administration, Supply Chain Management, Logistics, Finance, or a related field.

Proven work experience as a Purchasing Officer, Purchasing Agent, or in a similar procurement role (2+ years preferred).