Senior Buyer (Global MNC)

AGENSI PEKERJAAN TRUST RECRUIT SDN. BHD.; Batu Kawan; On-site; MYR 60,000 - 120,000; Full time

Job summary

AGENSI PEKERJAAN TRUST RECRUIT SDN. BHD. is seeking a Purchasing Leader responsible for optimizing material costs, developing sourcing strategies and managing supplier relationships.

You will supervise the purchasing team, supervise negotiations, and drive continuous improvement across procurement operations and cost reduction initiatives. The role requires strong analytical skills, procurement know-how, and the ability to collaborate with business units to secure favorable terms and ensure

Qualifications

• Strong analytical and problem-solving skills to interpret data and draw conclusions.
• Excellent negotiation, supplier management and cost optimization abilities.
• Effective communication with management, clients, and stakeholders.
• Knowledge of procurement, strategic sourcing, material costing, and SCM processes.
• Proficiency in MS Office and ability to learn company software systems.
• Strong numerical skills for costs, variances, and reports.
• Ability to supervise, train, and develop team members.

Responsibilities

• Optimize material costs and sourcing strategies to reduce expenses.
• Analyze and forecast component purchase prices for inventory valuation.
• Monitor supplier performance on cost, delivery, quality and service.
• Develop AML-based supplier onboarding and audits.
• Conduct supplier re-quotations and negotiations for cost savings.
• Collaborate with BU management for approvals of material premiums and freight.
• Lead recruitment and training for the Purchasing team.
• Oversee procurement operations and continuous improvement.

Skills

Analytical thinking

Negotiation

Supplier management

Cost optimization

Communication

Data interpretation

Team supervision

Procurement analytics

Tools

Microsoft Office

Job description

Responsible for optimizing material costs, developing sourcing strategies and supplier relationships, and negotiating pricing, terms, and agreements for strategic or business unit-specific materials. This role also oversees and supervises the Purchasing team within the assigned workcell, ensuring effective procurement operations and continuous improvement.

Key Responsibilities

Analyze and forecast component purchase prices to ensure accurate inventory valuation during the standard costing process.

Optimize overall material costs and identify opportunities for cost reduction and improved procurement efficiency.

Support and implement supply chain management (SCM) initiatives and strategies to enhance operational performance.

Develop sourcing options by identifying and onboarding preferred or strategic suppliers to customers' Approved Manufacturer Lists (AML).

Provide input on material quotations to ensure competitive customer pricing while maximizing material price variance (MPV) performance.

Continuously optimize MPV by reducing material costs and minimizing unfavorable purchase price variance (PPV) and MPV.

Work with business unit management to obtain customer approval for additional expenses, including material premiums, freight, and tooling charges.

Monitor, evaluate, and provide feedback on supplier performance in terms of cost, delivery, quality, and service.

Manage strategic and business unit-specific materials, ensuring supply continuity and alignment with business requirements.

Monitor supplier capabilities, market trends, and technological developments within assigned commodity categories.

Communicate company expectations to suppliers and conduct supplier audits, site visits, certifications, and performance reviews to strengthen the supply base.

Develop supply chain strategies tailored to customer requirements and business unit objectives, working closely with Purchasing Management and SCM teams.

Collaborate with Materials Quote Analysts to prepare quotations for new and existing materials.

Conduct regular supplier re-quotations and negotiations to achieve cost savings and improve commercial terms.

Evaluate and select suppliers based on total cost and overall value, including pricing, duties, freight, flexibility, service, quality, delivery performance, and contractual terms.

Negotiate supplier agreements and commercial terms that protect the interests of the company and its customers, including liability clauses, special stocking arrangements, and other non-standard agreements.

Participate in recruitment and hiring activities for the Purchasing team.

Provide appropriate training, tools, and resources to Purchasing staff, and develop workcell-specific training programmes.

Supervise and support the Purchasing team to ensure effective execution of procurement activities and continuous improvement.

Perform other duties and responsibilities as assigned.

Job Requirements

Strong analytical and problem-solving skills, with the ability to collect and interpret data, establish facts, and draw sound conclusions.

Good negotiation, supplier management, and cost optimization skills.

Ability to communicate effectively and present information to management, clients, customers, and other stakeholders.

Knowledge of procurement, strategic sourcing, material costing, and supply chain management processes.

Proficiency in Microsoft Office and other computer-based applications; ability to learn and use company-specific software systems.

Good written and verbal communication skills, including the ability to prepare business correspondence and understand technical documents and visual aids.

Strong numerical skills, including the ability to calculate costs, percentages, ratios, and variances, and interpret graphs and reports.

Ability to supervise, train, and develop team members while managing multiple priorities.

Strong attention to detail and the ability to work independently within established procedures and guidelines.