Sourcing and Procurement Executive

Yokogawa; Puchong; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading technology company is seeking a professional to independently source new suppliers based on direct and indirect requirements. The candidate will be responsible for negotiating terms of purchase, evaluating supplier quotations, and identifying cost savings opportunities. Previous experience in sourcing and compliance with procurement policies is essential. This role offers significant responsibilities in managing supplier relationships and ensuring contract compliance.

Qualifications

• Experience in supplier sourcing and cost reduction activities.
• Ability to negotiate terms and conditions of purchase.
• Familiarity with compliance and procurement policies.

Responsibilities

• Source new suppliers for direct and indirect requirements.
• Evaluate quotations to create competitive advantage.
• Identify cost savings opportunities.

Skills

Negotiation skills

Cost reduction management

Knowledge of sourcing and procurement policies

Job description

Job descriptions:

The role will work independently to source for new suppliers according to Direct & Indirect requirements.

Person should possess knowledge and experience in:

• Understand and negotiate Terms and Conditions of Purchase with Suppliers
• Evaluate quotations, create competitive advantage for best price, lead time and delivery terms
• Identify cost savings opportunities and manage cost reduction activities to achieve annual cost reduction KPIs
• Ensure compliance with Sourcing and Procurement policies of the organization
• Prepare and execute contracts as well as perform post-award administration (e.g., negotiating, issuing change orders, and contract close‑outs)
• Understand the concept of Purchase Requisition, Sourcing, quotation evaluation, up to Purchase Order placement to Supplier

Requirements: