Procurement Specialist
1 week ago
Job Description
Company OverviewMR DIY Malaysia is a leading retailer in the home improvement industry, providing a wide range of products and services to customers.
Job Summary
We are seeking an experienced Project Executive to join our team. The successful candidate will be responsible for sourcing and purchasing products, negotiating contracts, and managing supplier relationships.
Responsibilities
- Sourcing and Purchasing: Source and purchase products in line with company requirements, ensuring timely delivery and quality standards.
- Negotiation and Contract Management: Negotiate contracts, prices, and terms with suppliers to achieve cost savings.
- Purchase Order Management: Place and track purchase orders to ensure timely delivery of goods.
- Supplier Relationship Management: Identify, evaluate, and build relationships with new and existing suppliers, monitoring their performance regarding quality, delivery, and pricing.
- Issue Resolution: Resolve issues related to delayed shipments, discrepancies, or defective goods.
- Inventory and Stock Management:
- Collaborate with local teams to maintain optimal stock levels.
- Analyze inventory trends to forecast future purchasing needs.
- Avoid overstocking or understocking by aligning purchases with demand.
- Liaise with vendors on all export documentation, including invoices, shipping bills, packing lists, and certificates of origin.
- Coordinate with support team on freight forwarders and export matters to ensure timely and efficient shipment of goods.
- Ensure vendor compliance with international trade regulations, export laws, and company policies.
- Verify vendors have necessary permits, licenses, and certifications for specific products.
- Research and analyze international markets to identify new business opportunities.
- Evaluate alternative suppliers to ensure competitive advantage.
- Stay updated on changes in trade regulations and market trends.
Requirements
- Bachelor's degree in Business Administration or a related field.
- 1–3 years of experience in purchasing, procurement or supply chain management.
- Knowledge on procurement principles, supply chain processes and vendor management.
- Proficiency in Excel and data reporting.
- Fluency in English; additional languages are a plus.
- Excellent organizational and time-management skills.
- Strong communication and negotiation abilities.
- Analytical and problem-solving capabilities.
- Attention to detail to ensure accuracy in procurement documentation.
- Ability to work under pressure and meet deadlines.
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