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A recruitment services company based in Malaysia is seeking a procurement specialist to manage supplier relationships, negotiate contracts, and develop sourcing strategies. The ideal candidate will have experience in sourcing and supplier management, with strong negotiation skills and the ability to adapt to market trends. This role requires collaboration with various teams to ensure procurement efficiency and risk mitigation.
Key Responsibilities:
Sourcing & Supplier Management
· Identify and develop qualified suppliers locally and globally for raw materials, finished components, and services.
· Evaluate suppliers based on quality, price, reliability, service, compliance, and sustainability.
· Establish long-term strategic partnerships with key suppliers.
· Conduct regular supplier audits and performance reviews.
Cost & Contract Management
· Negotiate pricing, payment terms, and delivery schedules to achieve cost savings without compromising quality or timelines.
· Manage contracts and supplier agreements, ensuring legal and compliance requirements are met.
· Benchmark material costs to ensure competitiveness.
Procurement Strategy & Planning
· Work with engineering, production, and project teams to forecast material needs.
· Develop and maintain a sourcing strategy that aligns with business goals and project pipelines.
· Drive continuous improvement in sourcing processes to support project efficiency and cost control.
Risk & Supply Chain Management
· Monitor global material trends, price fluctuations, and geopolitical risks affecting the supply chain.
· Develop alternative sourcing strategies to mitigate risk of supply disruption.
· Ensure compliance with relevant regulatory and sustainability standards.
Reporting & Systems
· Maintain and update supplier database and sourcing documentation.
· Provide regular reports on procurement KPIs, cost savings, and supplier performance.
· Work with ERP and procurement systems for purchasing and inventory tracking.
Office Hours: Monday - Friday
9.00am to 5.00pm
Fair Work (M) Sdn. Bhd. is a Malaysia-based company providing recruitment services exclusively within Malaysia. We are not affiliated with, endorsed by, or connected to the Fair Work Ombudsman (FWO) or the Commonwealth of Australia in any manner.