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Senior Executive, Procurement

Senior Executive, Procurement

FrenckenBandar Baru Bangi, Selangor, Malaysia
1 day ago
Job description

Senior Executive, Procurement

Frencken Bandar Baru Bangi, Selangor, Malaysia

Responsibilities

  • Collaborate with the procurement team to develop effective sourcing strategies, identifying potential suppliers through market research and networking.
  • Assist in negotiating contracts, prices, terms, and conditions with suppliers to secure favorable agreements that drive cost savings and quality improvements.
  • Support in qualifying new suppliers and maintaining strong relationships to foster collaboration and resolve issues promptly.
  • Assist in managing the end-to-end procurement process, ensuring compliance with policies, procedures, and regulations.
  • Identify and mitigate potential risks related to supplier performance, product quality, and market fluctuations, developing contingency plans to minimize disruptions.
  • Collaborate with internal stakeholders to understand procurement needs and priorities, working closely with cross-functional teams to achieve organizational objectives.
  • Assist in sourcing materials and components during the NPI process, ensuring timely procurement to support prototype builds and product launches.
  • Oversee inventory control and support management reporting processes.

Job Requirements

  • Bachelor's Degree in Business Administration, Supply Chain Management, or related field.
  • At least 5 years of experience in Procurement / Supply Chain / Purchasing from manufacturing environment.
  • Experience in technical engineering purchasing and sourcing for standard components would be beneficial.
  • Proven track record of successful supplier negotiations, cost savings initiatives, and process improvements.
  • Strong understanding of procurement best practices, policies, and regulations.
  • Proficiency in MS Office and experience with procurement software (e.g., SAP, Oracle, PowerBI).
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
  • Strategic thinker with a proactive mindset and ability to thrive in a fast-paced environment.
  • Seniority Level

    Mid-Senior level

    Employment Type

    Full-time

    Job Function

    Supply Chain

    Industries

    Manufacturing

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    Procurement Executive • Bandar Baru Bangi, Selangor, Malaysia

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