Strategic Sourcing Specialist

4 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia Businesslist Full time

About Businesslist

At Businesslist, we pride ourselves on providing high-quality products and exceptional customer service.

Job Description

The successful candidate will be responsible for leading the purchasing team, developing strategic plans, and implementing cost reduction initiatives.

Main Responsibilities

  1. Team Leadership: Lead the purchasing team to ensure effective performance.
  2. Strategic Planning: Develop and implement departmental strategies to achieve annual objectives.
  3. Cost Reduction Initiatives: Implement programs with suppliers to reduce costs, monitor product quality and delivery performance.
  4. Sourcing Strategy Execution: Drive sourcing strategy and execution to deliver a competitive advantage.
  5. Supplier Performance Analysis: Analyze supplier performance and evaluate delivery, quality, and responsiveness.
  6. Sourcing Opportunities Identification: Identify and evaluate sourcing opportunities, develop negotiation strategies with suppliers.
  7. Purchase Orders Management: Maintain purchase orders and ensure timely submission to suppliers.
  8. Problem-Solving: Act as a solution provider for all purchasing matters.
  9. Relationship Building: Develop and maintain good relationships with suppliers and internal stakeholders.
  10. Product Planning: Develop suitable product plan proposals and price assortment strategies.
  11. Forecasting: Liaise with the material planner team to forecast a balanced quantity of products/materials to purchase.
  12. Sourcing Strategies Optimization: Ensure sourcing strategies achieve cost competitiveness and maximize purchasing value.
  13. Supply Source Development: Identify and develop strategic supply sources for all commodities.
  14. Lean Initiatives: Work with suppliers, engineering, and other departments to drive lean initiatives.
  15. Material Function Management: Manage the material function to meet key performance indicators (KPI).
  16. Inventory Receiving Monitoring: Monitor on-time receiving of inventory.

Sub Specialization: Supply Chain & Logistics; Logistics Management

Type of Employment: Permanent

Minimum Experience Required: 10 Years

Work Location: Penang



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