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Sr. Procurement Manager
1 month ago
Sr. Procurement Manager
Posting Date: 13 Jan 2025 | Close Date: 13 Apr 2025
Company Background: A sheet metal company
Location: Batu Kawan, Penang
Position: Sr. Procurement Manager
Headcount: 1
Tenure: Permanent
Job Description:
- Manage and provide oversight and direction to the purchasing team to ensure the team performs effectively.
- Strategic planning for the department to achieve its annual objectives.
- Implement cost reduction programs with suppliers, monitoring product and service quality/on-time delivery performance by key suppliers.
- Drive sourcing strategy and execution that delivers a competitive advantage, including implementation of strategic supplier initiatives such as supplier selection, development, and consolidation to ensure sourcing optimization and overall supplier performance.
- Analyze supplier performance and evaluate in terms of delivery, quality, and responsiveness. Review/update the Approved Supplier List.
- Identify and evaluate sourcing opportunities. Develop negotiation strategies with suppliers focusing on optimal quality, cost, and delivery while monitoring and analyzing supplier performance for benchmarking and expense optimization.
- Maintain purchase orders and ensure on-time and accurate submission of orders to suppliers.
- Act as a solution provider for all purchasing matters.
- Develop and maintain good relationships with suppliers and internal stakeholders.
- Develop suitable product plan proposals and price assortment strategies to deliver profit to the company.
- Liaise with the material planner team to forecast a balanced quantity of products/materials to purchase.
- Ensure sourcing strategies achieve cost competitiveness, cost reduction programs, and maximize purchasing value.
- Identify and develop strategic supply sources for all commodities.
- Work with suppliers, engineering, and other departments to drive lean initiatives, including just-in-time sourcing.
- Manage the material function to meet the KPI.
- Monitor on-time receiving of inventory.
Sub Specialization: Supply Chain & Logistics; Logistics Management
Type of Employment: Permanent
Minimum Experience: 10 Years
Work Location: Penang
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