Purchasing Executive

Captalent Consulting is an established human capital solutions company providing a rangeof services that enhances the human capital value of its clients. We are currently looking to fill the following position for our client, **a FMCG public listed company in Hong Kong** and an established wholesaler and retailer of food, beverages and other consumer products.

**PURCHASING EXECUTIVE**(Based in Puchong, Selangor)**

**Job Summary**

To develop and implement purchasing strategies in conjunction with superior for company to achieve optimal holding trade stocks and raw materials, at the best negotiated terms and specification of quality.

**Responsibilities**
- **Strategy**
- To assist superior in strategizing and implementing Purchasing Department’s Strategic House on 4 critical pillars; Win With Customer, Win With Suppliers, Operational Excellence and People Excellence.
- To assist superior in strategizing the 360 Implementation that encompasses full PDCA cycle of accountability; Plan, Develop, Control and Action to ensure the achievement of short-term deliverables and objective of Purchasing Department.
- To assist superior in ensuring full compliance and zero tolerance of Purchasing SOP and Risk.
- To contribute to Company’s Cash Flow Management, Cost of goods target and Gross profit by achieving high forecast accuracy and optimisation of inventory control.
- To maintain and track all Purchasing expenses in within approved annual budget.
- To implement Demand Planning based on deep understanding of company’s sales planning so that the company’s operations are not impacted and no loss of sales opportunity.
- To keep abreast of the current trends, commodity price indexes and internal requirement; providing effective and cost efficient solutions and continuous improvements.
- To perform audits on supplier.
- To assist superior in Annual Target KPI setting
- To assist superior in preparing Annual Budget purchasing requirements and/or any forecasting requirement, and successfully obtain approval from Management.
- **Operations**
- To analyse sales trend in quantity, challenge rolling forecast with understanding of enabling activities and past successes, in order to deliver demand planning function that meets highest forecast accuracy.
- To actively monitor, plan and purchase for trade finished goods and raw materials; both new products and replenishments based on demand planning.
- To source, analyse, negotiate, evaluate the offer prices, specifications and terms of the purchases to support proposal or decision to purchase in accordance to buying authority or limit.
- To monitor and analyse the market trends that influence the area of the company’s business, factors that affect the movement of purchase price.
- To conduct quarterly review and update the existing and new products cost, quality review to implement cost optimisation and just in time.
- To process approved purchase order (PO) in accordance to Purchasing SOP and over prevailing SOP for smooth operations.
- To ensure matching process is completed for timely payment by finance.
- To coordinate with relevant parties such as suppliers, transporters forwarding agents, government bodies for efficient operations, including processing of indent, delivery documents and obtain permits etc.
- To review and update KPI achievements on monthly basis, identify shortfalls and mitigation plans to overcome shortfalls.
- To assist under supervision of superior in preparing, maintaining, update and execute Purchasing SOP
- To work closely with all stakeholders in providing enabling Purchasing support and solutions
- To perform periodic supplier audit on line with SOP
- Any other additional responsibilities assigned by superior and or Management

**Requirements**:

- Min 2 years of working experience as Purchaser
- Minimum degree is related fields
- Hands on experience in handling purchasing documentations.
- Strong analytical ability and cost conscious
- Knowledge of negotiation skill
- Strong work ethics, resourceful and problem solver
- Fluency in English, Malay, Mandarin and major dialects **(Mandarin is mandatory to communicate with overseas suppliers)**:

- Able to work at a fast pace, multi-task and tight deadlines environment
- Salary RM5,000, to commensurate with experience._