Associate, Sourcing & Supplier Management

1 week ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

Responsibilities

At Principal, we invest in what matters. Building talented teams is our foundation. We seek individuals with unique perspectives, passion, and expertise to help us enhance financial security, transform our business, and positively impact communities.

Role Overview

Job Responsibilities :

• Assist in company-wide business-partnering efforts and execute strategic sourcing for medium-to-high complexity third-party needs, including supply & demand analysis, RFx development, bidding facilitation, supplier selection and onboarding, contract review and negotiation, and performance / risk management.
• Support the development of a preferred supplier network to benefit the company through cost savings, process improvements, sustainable agreements, and risk mitigation. Help define targets, metrics, and evaluation tools for supplier performance and due diligence.
• Understand company processes, tools, and channels for procurement; guide internal stakeholders towards optimal buying practices; contribute to continuous improvement of supplier management policies and systems.
• Analyze spend data, establish baselines, and perform benchmarking on sourcing categories. Provide insights into cost benefits, market trends, and innovation opportunities to support fact-based decision-making.
• Support audit, compliance, and risk management activities.
• Assist with SEA supplier management activities as needed.

Qualifications

Additional Details

Referrals can double your chances of interviewing at Principal Malaysia.

Set up job alerts for “Sourcing Associate” roles.

Locations include WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia, with recent postings over the past few weeks.

#J-18808-Ljbffr