Strategic Commodity Manager: Sourcing & Savings Leader

Coherent; Penang; Hybrid; MYR 50,000 - 110,000; Full time

Job summary

Coherent is recruiting a procurement professional in Malaysia, Penang, for a hybrid role to lead category strategy, savings targets, and regional cost-reduction initiatives. You will negotiate MSAs, manage supplier relationships, and coordinate with internal stakeholders to drive value and mitigate risks.

The ideal candidate has 5+ years in procurement, strong analytics, and experience in contract management and strategic sourcing.

Qualifications

• Bachelor’s degree in business, engineering, finance, Procurement or a related field required
• 5+ years Procurement experience

Responsibilities

• Development of category strategy, goals and savings targets in line with company strategy, sourcing events, supply market analysis, and procurement best-practices
• Strong negotiation, project management and facilitation skills and leverage this knowledge for cost reduction opportunities across the region
• Negotiate MSAs, monitor compliance and timing of expiration
• Collaborate with internal business stakeholders in developing category strategy, objectives, and performance targets – availability, quality, cost, schedule, service, and innovation
• Act as central point of contact and knowledge for regionally coordinated efforts
• Nurture stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services that meet expectations
• Leverage extensive market and supplier knowledge to drive lower TCO
• Identify potential risks and create mitigation plans across risk types (supplier financial, quality, supply continuity, etc.)
• Drive continuous improvement efforts in total cost of ownership
• Manage new supplier selection processes and developing/maintaining supplier relationships
• Develop market intelligence on supply base, own key vendor relationships based on assigned categories and monitor key strategies and suppliers
• Accurately forecast total cost benefit opportunities
• Provide timely budget guidance to the businesses

Skills

Strategic sourcing

Contract management

Stakeholder management

Project management

Negotiation

Data analysis

Communication

Cross-functional collaboration

Education

Bachelor’s degree in business/engineering/finance or related field

Job description

Coherent is recruiting a procurement professional in Malaysia, Penang, for a hybrid role to lead category strategy, savings targets, and regional cost-reduction initiatives. You will negotiate MSAs, manage supplier relationships, and coordinate with internal stakeholders to drive value and mitigate risks.

The ideal candidate has 5+ years in procurement, strong analytics, and experience in contract management and strategic sourcing.