Purchasing Manager
4 days ago
**Key Responsibilities**:
- Develop, implement, and oversee procurement strategies aligned with company goals.
- Source, evaluate, and select vendors based on quality, cost, delivery, and service.
- Negotiate contracts, pricing, terms, and conditions with suppliers.
- Monitor supplier performance and maintain strong relationships to ensure reliable supply chains.
- Oversee purchase requisitions, orders, and invoice approvals to maintain accuracy and timeliness.
- Coordinate with production, logistics, finance, and other departments to ensure smooth operations.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Manage procurement budgets, forecasts, and cost-saving initiatives.
- Ensure compliance with legal, ethical, and corporate governance standards.
- Lead and develop the purchasing team to achieve department objectives.
**Qualifications / Knowledge / Skills**:
- Bachelor’s degree in Supply Chain Management, Business Administration, Procurement, Finance, or a related field.
- Minimum of 6-10 years of procurement experience, with at least 3 years in a managerial role.
- Strong understanding of procurement processes, supply chain, inventory management, and contract law.
- Knowledge of ERP systems, procurement software, and MS Office tools.
- Familiarity with industry-specific raw materials, products, and supply sources.
- Excellent negotiation, analytical, and decision-making skills.
- Strong leadership and team management abilities.
- High level of communication, interpersonal, and vendor relationship management skills.
- Strong organizational and time management abilities.
- Problem-solving mindset with cost-reduction orientation.
**Authority**:
- Approve purchase requisitions and orders within assigned budget limits.
- Select, approve, and manage suppliers.
- Negotiate and finalize supplier agreements within delegated authority.
- Recommend strategic sourcing decisions to top management.
- Enforce compliance with procurement policies across departments.
**Working Conditions**:
- Office-based with regular interaction with suppliers, internal teams, and sometimes site visits.
- Standard working hours, with flexibility required during urgent procurement needs.
- Occasional travel for supplier audits, contract negotiations, or trade fairs.
- Fast-paced environment requiring multitasking and prioritization.
**Key Performance Indicators (KPIs)**:
- Cost Savings - Percentage reduction in procurement costs achieved annually.
- Supplier Performance - On-time delivery, quality compliance rate, and service level adherence.
- Procurement Cycle Time - Average time from requisition to purchase order completion.
- Inventory Efficiency - Stock availability vs. excess inventory ratio.
- Budget Adherence - Procurement spend vs. approved budget.
- Contract Compliance - Percentage of purchases made under valid contracts.
- Process Improvement - Number of procurement processes streamlined/automated.
- Team Development - Training completion, skill improvement, and employee retention in the department.
Pay: RM6,000.00 - RM8,000.00 per month
**Benefits**:
- Opportunities for promotion
- Professional development
Work Location: In person
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