Senior Sourcing Specialist

Lancesoft Malaysia; Kuala Lumpur; On-site; MYR 240,000 - 360,000; Full time

Job summary

Lancesoft Malaysia in Kuala Lumpur seeks a Senior Sourcing Specialist to lead strategic sourcing initiatives, develop LTAs, and drive value through robust contracting with suppliers.

You will partner with cross-functional teams, manage the end-to-end sourcing lifecycle, and optimize terms to ensure cost efficiency and supply continuity. Strongnegotiation and stakeholder management are essential for success in this role.

Qualifications

• 12+ years of experience in strategic sourcing and procurement.
• Experience in developing LTAs and framework agreements with key suppliers.
• Proven ability to negotiate complex commercial terms and pricing.
• Experience managing RFQs, bid evaluations, and supplier selection.

Responsibilities

• Lead development and execution of sourcing strategies across categories.
• Drive establishment of LTAs and framework agreements with key suppliers.
• Manage end-to-end sourcing lifecycle including RFQs, bid evaluations, and supplier selection.
• Negotiate terms aligned with negotiated contracts and governance.
• Identify strategic suppliers and develop partnerships to improve value.
• Monitor supplier performance and drive continuous improvement.

Skills

Contract negotiation

LTA development

Cost analysis

Supplier evaluation

Procurement strategy

Commercial management

Tools

MS Office

SAP

Ariba

Job description

As a Senior Sourcing Specialist, you will lead strategic sourcing initiatives, including the development and execution of long-term agreements (LTAs) to drive cost efficiency, supply continuity, and commercial value. You will partner with cross-functional teams and suppliers to ensure robust contracting strategies aligned with business objectives.

• Leading development and execution of sourcing strategies across assigned categories.
• Driving establishment of long-term contracts (LTAs) and framework agreements with key suppliers.
• Managing end-to-end sourcing lifecycle including RFQs, bid evaluations, and supplier selection.
• Executing Purchase Order (PO) placement in alignment with negotiated terms, project requirements, and procurement policies.
• Negotiating complex commercial terms, pricing structures, and contract conditions.
• Identifying strategic suppliers and developing partnerships to improve value and performance.
• Analysing spend and market trends to identify cost-saving and consolidation opportunities.
• Ensuring compliance with procurement policies, legal standards, and contractual governance.
• Collaborating with engineering, operations, and project stakeholders to align technical and commercial requirements.
• Monitoring supplier performance and driving continuous improvement initiatives.
• Proactively managing supply risks and developing mitigation strategies.

Essential Requirements of the role (Experience / Skills / Competencies):-

• Years of experience: 12 + years
• Field of experience: Strategic sourcing and procurement
• Technical Skills: Contract negotiation, LTA development, cost analysis, supplier evaluation, procurement strategy, commercial and contractual management
• Soft Skills: Strong stakeholder management, negotiation and influencing, communication, problem-solving
• Tools or Software (Required): MS Office, SAP, Ariba (or equivalent sourcing tools)
• Industry Background or Experience (Required): Oil and Gas (field and workshop)
• Target Companies: OEMs, EPC contractors, oilfield services companies, multinational industrial organizations
• Off-limits Companies: NA
• Required Accreditations / Qualifications / Certification / Licenses including driving License: Driving License preferred, professional certification (CIPS/ISM) is an advantage

Desirable attributes of the worker (Experience / Skills / Competencies):-