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Monitors the execution of key strategic sourcing initiatives, negotiates contract terms and conditions and drives sourcing strategies to maximize cost savings. Job Responsibilities
Execute commodity strategies aligned with business objectives Enhancing Localization and Global Expansion, especially for Asia market Monitor global market trends, supply-demand dynamics, and geopolitical factors. Mitigate risks related to commodity price fluctuations. Identify and develop new suppliers in collaboration with cross-functional teams. Optimize the supplier base to enhance efficiency and quality. Conduct RFQs for NPI (New Product Introduction) projects. Negotiate master purchasing contracts, Quality Assurance agreements, Non-disclosure agreements, consignment contracts, etc., with suppliers. Drive cost reduction initiatives through comprehensive cost analysis, market data evaluation, and negotiation. Collaborate with engineering teams to lead Value Analysis / Value Engineering (VA / VE) projects. Coordinate cross-functional efforts to achieve project KPIs including savings, lead time reduction, minimum order quantity optimization, dual sourcing, and localization. Identify risks, opportunities, and underperforming suppliers; implement corrective actions to mitigate risks and ensure continuous improvement. Collaborate with plant teams as necessary. Strengthening Supplier Management / Long-Term Partnerships / supplier strategy Supporting Successful NPI Project Execution. Job Requirements
Bachelor's degree or above in a relevant field Fluent in spoken and written English 5+ years of sourcing experience in the machining field, familiar with tooling, stamping, molding, plating, diecasting & machining 5 years’ Experience working in a global / region commodity role in a multinational company. Engineering background is advantageous. Proficiency in office software; Familiarity with SAP Willingness to travel domestically and internationally as required. Ability to adapt to a flexible work schedule. Reports To : Directly reports to Global Mechanical category leader Integrity, Accountability, Teamwork, Innovation Proven ability to lead projects, coordinate, problem-solve, and make decisive decisions to achieve results Proactive and detail-oriented Strong analytical and cross-functional skills Ability to understand global markets, collaborate effectively with global teams, and experience in working with suppliers in the Asia-Pacific region and Global Competencies
Values : Integrity, Accountability, Inclusion, Innovation, Teamwork Location : BAYAN LEPAS PENANG, 07, MY, 11900 City : BAYAN LEPAS PENANG State : 07 Country / Region : MY Travel : 25% to 50% Requisition ID : Alternative Locations : Function : Procurement Job Segment :
Strategic Sourcing, QA, Quality Assurance, Machinist, ERP, Operations, Quality, Technology, Manufacturing
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Sourcing Analyst • Bayan Lepas, Malaysia