Procurement Strategist
2 days ago
Role Profile
We are seeking a highly skilled Sourcing/Purchasing Manager to join our team at Hyred. As a key member of our procurement team, you will be responsible for leading supplier relationships and procurement activities, focusing on sourcing from China while exploring opportunities in other countries.
Key Responsibilities:
- Sourcing Strategy Development: Identify, evaluate, and engage suppliers that meet our quality and delivery requirements.
- Negotiation and Contract Management: Negotiate pricing, terms, and contracts with suppliers to ensure cost-effective procurement while maintaining quality standards and delivery timelines.
- Relationship Building: Build and maintain strong relationships with dealers and suppliers, fostering collaboration to achieve long-term business objectives.
- Collaboration with internal teams: Align procurement activities with business requirements by working closely with product development, logistics, and quality assurance teams.
- Supplier Performance Monitoring: Regularly evaluate supplier performance, addressing issues related to quality, delivery, or compliance.
- Market Research: Identify trends, opportunities, and risks in the global supply chain landscape, providing actionable insights to leadership.
- Compliance and Risk Management: Ensure procurement processes comply with company policies and regulations, maintaining accurate records of transactions and supplier agreements.
- Optimization of Inventory Levels: Work closely with the Supply Chain Manager to optimize inventory levels, manage procurement budgets, and improve overall efficiency.
Requirements
- A bachelor's degree in Supply Chain Management, Business Administration, or a related field.
- Minimum of 5 years of experience in sourcing, purchasing, or supply chain management.
- Strong negotiation, contract management, and supplier relationship management skills.
- Experience with international sourcing, particularly in Southeast Asia or other key markets, is an advantage.
- A solid understanding of procurement processes, supply chain principles, and global trade regulations.
- Proficiency in procurement software and tools, such as SAP, Oracle, or Microsoft Dynamics, is preferred.
- Good language skills in English, Malay, and Mandarin.
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