Senior Executive, Procurement

Frencken; Bandar Baru Bangi; On-site; MYR 60,000 - 80,000; Full time

Job summary

A manufacturing company located in Bandar Baru Bangi, Malaysia is looking for an experienced procurement specialist to develop sourcing strategies and negotiate contracts. Ideal candidates will have a Bachelor's Degree and at least 5 years in procurement within a manufacturing environment. Strong negotiation skills and a strategic mindset are essential for this role, offering an opportunity to manage supplier relationships effectively and ensure compliance with procurement procedures.

Qualifications

• At least 5 years of experience in Procurement/Supply Chain/Purchasing from manufacturing environment.
• Experience in technical engineering purchasing and sourcing for standard components would be beneficial.
• Proven track record of successful supplier negotiations, cost savings initiatives, and process improvements.

Responsibilities

• Collaborate with procurement team to develop effective sourcing strategies.
• Assist in negotiating contracts, prices, terms, and conditions with suppliers.
• Support in managing the end-to-end procurement process.

Skills

Negotiation skills

Supplier management

Risk management

Strategic thinking

Education

Bachelor's Degree in Business Administration, Supply Chain Management, or related field

Tools

SAP

Oracle

PowerBI

Job description

Job Responsibilities:

• Collaborate with the procurement team to develop effective sourcing strategies, identifying potential suppliers through market research and networking.
• Assist in negotiating contracts, prices, terms, and conditions with suppliers to secure favorable agreements that drive cost savings and quality improvements.
• Support in qualifying new suppliers and maintaining strong relationships to foster collaboration and resolve issues promptly.
• Assist in managing the end-to-end procurement process, ensuring compliance with policies, procedures, and regulations.
• Identify and mitigate potential risks related to supplier performance, product quality, and market fluctuations, developing contingency plans to minimize disruptions.
• Collaborate with internal stakeholders to understand procurement needs and priorities, working closely with cross-functional teams to achieve organizational objectives.
• Assist in sourcing materials and components during the NPI process, ensuring timely procurement to support prototype builds and product launches.
• Oversee inventory control and support management reporting processes.

Job Requirements:

• Bachelor's Degree in Business Administration, Supply Chain Management, or related field.
• At least 5 years of experience in Procurement/Supply Chain/Purchasing from manufacturing environment.
• Experience in technical engineering purchasing and sourcing for standard components would be beneficial.
• Proven track record of successful supplier negotiations, cost savings initiatives, and process improvements.
• Strong understanding of procurement best practices, policies, and regulations.
• Proficiency in MS Office and experience with procurement software (e.g., SAP, Oracle, PowerBI).
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
• Strategic thinker with a proactive mindset and ability to thrive in a fast-paced environment.