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Purchasing Executive

Purchasing Executive

VDart Software Services Pvt. Ltd.Selangor, 10, Malaysia
4 hours ago
Job type
  • Quick Apply
Job description

Purchasing Executive - Star Group

Duration : Full Time

Location : Puncak Alam

Experience Level : 3+ years

Salary : RM5000 RM6500

PURPOSE

The Purchasing Executive is responsible for executing all strategic sourcing, procurement, and inventory planning activities for the Beauty and Confectionery categories within our Duty-Free Retail environment. This role is central to achieving the company's financial and commercial objectives by ensuring optimal product availability, maximizing profitability through cost reduction, and managing working capital efficiently.

ACCOUNTABILITY

Strategic Sourcing & Negotiation

  • Lead the end-to-end sourcing process, including the identification and evaluation of new local and overseas suppliers to secure competitive advantages and the best commercial outcome for the organization in product quality, value, and fulfilment.
  • Conduct market intelligence on price trends, supply availability, and competitive landscapes to inform and execute effective pricing negotiation strategies .
  • Proactively manage and reduce product costs and improve overall profitability through strategic negotiation of procurement terms, including increasing Accounts Payable to optimize working capital .

Inventory & Supply Chain Management

  • Develop and implement the replenishment strategy for all assigned products to ensure optimal stock levels and maximum sales conversion while minimizing inventory holding costs.
  • Utilize the Materials Replenishment Planning (MRP) system and related tools to accurately forecast demand and execute purchase orders that align inventory with sales forecasts.
  • Oversee critical inbound logistics, transportation, and delivery operations, ensuring timely, cost-effective shipments, full compliance with Duty-Free regulations , and maintaining stock accuracy.
  • Monitor stock availability and lead times, proactively alerting commercial and operations teams to potential supply chain risks or non-compliance issues.
  • Supplier & Stakeholder Management

  • Establish and maintain robust Supplier Relationship Management (SRM) , fostering strategic partnerships that support business growth and secure long-term supply stability.
  • Conduct regular evaluations of supplier performance, focusing on quality standards, on-time delivery, and adherence to agreed-upon commercial terms.
  • Support the commercialization of new products from initial concept through to market launch, ensuring timely sourcing and procurement of launch stock.
  • Generate rigorous analytical reports, including cost-benefit analysis , comparative category analysis, and supplier performance metrics for senior management review.
  • EXPERIENCE & QUALIFICATION

  • Bachelor's Degree in Procurement, Supply Chain Management, Business Administration, or a relevant field.
  • Minimum of 3 years of progressive experience as a Purchasing or Procurement Executive, preferably within the Duty-Free retail sector or a fast-paced retail environment.
  • Demonstrated expertise in the Beauty, Cosmetics, Confectionery, or FMCG categories is highly advantageous.
  • Proven knowledge of import / export procedures , international logistics (transportation, warehousing, and forwarding), and relevant customs documentation.
  • Exceptional sourcing, negotiation, and influencing skills .
  • Strong financial acumen and rigorous data analysis capability to assess total cost of ownership and working capital impact.
  • Highly organized, detail-oriented, with a proven ability to manage complex contracts and documentation.
  • Solid problem-solving abilities and effective cross-functional communication skills.
  • KEY COMPETENCIES

    Interpersonal & Communication Skill - Clear and effective communication with both external & internal stakeholders and external.

    Business Acumen - To manage inventory levels, to ensure that the organisation has the necessary goods and services on hand to meet demand.

    Financial Acumen - Understanding of how purchasing decisions impact the company's bottom line is crucial. Managing costs, optimizing budgets, and identifying opportunities for cost savings.

    Analytical Skill - Capability to analyze market trends, supplier performance, and pricing data to make informed purchasing decisions.

    About VDart

    We are Purpose Driven, High Growth and a Great Place to Work Certified Organization!

    VDart is one of the fastest growing talent management and digital solution providers established in the year 2007. As part of our continued Global Growth Strategy, we are excited to bring digital capabilities to Malaysia. VDart Malaysia Sdh Bhd will serve as our Regional Headquarters for ASEAN region. We are committed in bringing world class technology, build strong digital talent pool in emerging technologies and transform how businesses leverage technology in Malaysia. We serve various customers including Fortune 100 companies across various domains globally. VDart partners with industry leaders in Cloud, Intelligent Automation, IoT, Customer experience, and Security solutions. With distinct digital practices, we help our partners to build for tomorrow by reimaging their business today. From helping our partners to bridge talent in product development and embedded software, we provide resources and solutions globally across a wide range of industries, from automotive and mobility to energy, healthcare, and life sciences, manufacturing, consumer industries, and beyond.

    VDart : Digital Consulting & Staffing Solutions

    VDart is a leading digital consulting and staffing company founded in 2007 and headquartered in Alpharetta, Georgia. VDart is one of the top staffing companies in USA & also provides technology solutions, supporting businesses in their digital transformation journey. Digital consulting services, Digital consulting agency

    Core Services :

  • Digital consulting and transformation solutions
  • Comprehensive staffing services (contract, temporary, permanent placements)
  • Talent management and workforce solutions
  • Technology implementation services
  • Key Industries : VDart primarily serves industries such as automotive and mobility, banking and finance, healthcare and life sciences, and energy and utilities. VDart - Products, Competitors, Financials, Employees, Headquarters Locations

    Notable Partnership : VDart Digital has been a consistently strong supplier for Toyota since 2017 Digital Transformation Consulting & Strategy Services | VDart Digital , demonstrating their capability in large-scale digital transformation projects.

    With over 17 years of experience, VDart combines staffing expertise with technology solutions to help organizations modernize their operations and build skilled workforce capabilities across multiple sectors.

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    Purchasing Executive • Selangor, 10, Malaysia