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A prominent Malaysian company is seeking a Procurement Specialist to manage end-to-end procurement activities. The candidate must have 1-3 years of experience in procurement or supply chain, strong negotiation skills, and the ability to develop effective sourcing strategies. Responsibilities include supplier evaluation, contract management, and identifying cost-saving opportunities. This role requires strong communication skills and the capacity to manage multiple tasks effectively.
Manage end-to-end procurement activities across the organization to ensure cost efficiency, quality, and compliance.
Develop, implement, and refine sourcing strategies to support business objectives and optimize spending.
Conduct supplier sourcing, evaluation, and selection to build and maintain a reliable supplier base.
Lead supplier negotiations on pricing, terms, and contracts to secure the best value for the organization.
Monitor and evaluate supplier performance, ensuring adherence to service levels, compliance, and continuous improvement.
Manage contract administration, including renewal tracking, documentation accuracy, and compliance with internal controls.
Execute category management activities, including spend analysis, market research, and category strategy development.
Support e-procurement systems and digital initiatives to improve process automation and procurement efficiency.
Coordinate with internal stakeholders to align procurement activities with operational and strategic requirements.
Identify cost-saving opportunities through analysis, process improvements, supplier consolidation, and strategic sourcing.
Prepare procurement reports and dashboards for management review, highlighting performance, risks, and improvement areas.
Ensure compliance with procurement policies, procedures, audit standards, and regulatory requirements.
Resolve procurement issues and disputes to ensure business continuity and minimize operational disruptions.
Participate in procurement improvement projects, supporting system enhancements, workflow optimization, and best practices.
Maintain accurate procurement records and documentation to ensure transparency, traceability, and audit readiness.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.