Senior Sourcing Specialist (Procurement)

Yeo Hiap Seng (Yeo’s); Shah Alam; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading FMCG company in Malaysia is seeking a Senior Sourcing Specialist to optimize the procurement of indirect goods and services. The ideal candidate will lead negotiations, develop sourcing strategies, and ensure compliance with company standards. Applicants should have at least 5 years of experience in sourcing and strong analytical skills. This position offers competitive remuneration and a positive career development plan.

Benefits

Competitive remuneration and benefits package

Career development opportunities

Qualifications

• Minimum 5 years of experience in sourcing and negotiation, preferably in FMCG.
• Strong negotiation, analytical, and project management skills are required.
• Solid knowledge of indirect procurement categories and supplier relationship management is essential.

Responsibilities

• Negotiate long term contracts and manage procurement of indirect goods and services.
• Analyze current spend and identify areas for cost reduction and process improvement.
• Implement cost reduction initiatives and track progress toward budgetary goals.

Skills

Negotiation

Analytical skills

Project management

Supplier relationship management

Proficiency in ERP systems

Strong computer skills

Education

Bachelor’s Degree in Engineering or Supply Chain Management or Business

Tools

SAP S/4 Hana

Excel

PowerPoint

Word

Power BI

Job description

About the Role

We are looking for an experienced Senior Sourcing Specialist (Indirect Category) to manage and optimize the procurement of indirect goods and services across our manufacturing sites. This role plays a critical part in driving cost optimization, strategic sourcing, supplier management, and ensuring procurement activities align with company objectives and compliance standards.

Core Responsibilities

1. Negotiate long term, tender and blanket contracts.
2. Highly involved with sourcing and procuring capital equipment; integral of capital investment team.
3. Analyse current spend and find areas to improve service, reduce costs, and streamline purchasing procedures.
4. Develop and execute comprehensive sourcing strategies for various indirect categories in alignment with organization’s overall procurement objectives.
5. Analyse market dynamic, supply chain trends and supplier performance to identify opportunities for cost reduction, supplier consolidation, and process improvement.
6. Conduct detailed cost analyses to identify opportunities for cost savings, efficiency improvement, and value-added services.
7. Implement cost reduction initiatives and track progress to achieve budgetary and savings targets.
8. Lead negotiations with suppliers to secure favourable contract terms, pricing and service level agreement.
9. Ensure that contracts are well-drafted, compliant with legal and company requirements, and regularly reviewed for performance and compliance.
10. Stay current on industry best practices, emerging technologies and procurement trends within the indirect category.
11. Work closely with operations and finance to develop and implement MRO inventory management system.
12. Participate in project team and initiatives that involve indirect procurement input.
13. Cultivate and maintain strong relationships with key suppliers in the indirect procurement category.
14. Collaborate with suppliers to resolve disputes and negotiate favourable terms and conditions.
15. Ensure procurement activities adhere to company policies, industry regulations, and ethical standards.
16. Support Food Safety Management System (FSMS), Health, Safety, and Environmental (HSE) compliance at all times.
17. Support the team in any other assignments from time to time.

Key to Success

• Bachelor’s Degree in Engineering, Supply Chain Management, or Business.
• Minimum 5 years of experience in sourcing, negotiation, contract, preferable in FMCG.
• Strong negotiation, analytical, and project management skills.
• Solid knowledge of indirect procurement categories and supplier relationship management.
• Proficient in procurement tools and ERP systems (SAP S/4 Hana preferred).
• Strong computer skills (Excel, PowerPoint, Word, Power BI).
• Self-motivated, high energy, and results-driven.

In return, we offer the above industry competitive remuneration and benefits package, a positive career development plan and progression.

We thank all applicants for their interest in the role. Only shortlisted candidates will be notified of their application status.