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Procurement Manager

2 weeks ago

Kuala Lumpur, Malaysia VFive Group Sdn Bhd Full time

**Responsibilities**:

- Develop comprehensive sourcing strategies aligned with company goals, emphasizing cost savings, quality, and sustainability.
- Conduct market research to identify potential suppliers & subcontractor and evaluate their capabilities in delivery, quality, and cost.
- Implement strategic sourcing methodologies, including spend analysis and supplier segmentation.
- Establish and maintain robust supplier relationships through regular communication and performance evaluations.
- Negotiate contracts to secure advantageous terms, ensuring compliance with policies and regulations.
- Streamline procurement processes and enforce efficient policies and procedures.
- Leverage technology to automate procurement processes and reduce manual errors.
- Monitor global market trends.
- Collaborate with other departments to identify cost-saving opportunities through bulk purchasing and standardization.
- Lead and develop the procurement team, fostering a culture of continuous improvement.
- Develop comprehensive reporting mechanisms to track procurement metrics and provide strategic insights to senior management.
- Perform ad-hoc tasks as assigned by Management.

**Job Requirements**:

- Bachelor's degree in Business Administration, Supply Chain Management, or related field; Master’s preferred.
- Minimum of 8 years of experience in procurement or supply chain management, with 2+ years in a managerial role.
- Proficient in strategic sourcing, contract negotiation, and supplier management.
- Strong leadership, analytical, and communication skills.
- Knowledge of procurement software and automation tools.
- Ability to manage risks and adapt to changing market conditions.
- Experience in the construction industry is preferred.

**Benefits**:

- Career Growth.
- Medical Claim.
- Meals Provided (Breakfast and Lunch).
- Multiple Training Classes.
- Project Based-Allowance.
- Birthday Token.
- Exciting events such as Team Building, Company Trips, Bowling Tournaments, Futsal, Badminton, Movie Nights, etc.

Pay: From RM7,000.00 per month

**Benefits**:

- Free parking
- Maternity leave
- Meal provided
- Parental leave
- Professional development

Schedule:

- Monday to Friday
- Weekend jobs

Application Question(s):

- What is your notice period?

**Education**:

- Bachelor's (required)

**Experience**:

- Procurement: 10 years (required)

**Language**:

- Bahasa Malaysia & English (required)