Procurement Manager

1 day ago

Kuala Lumpur, Malaysia LG Marketing & Consultancy Services (M) Sdn Bhd Full time

**Key Responsibilities**:

- Develop and execute procurement plans in alignment with project schedules, ensuring cost-effective sourcing.
- Collaborate with various departments to forecast demand and manage inventory levels.
- Monitor market trends and adjust procurement strategies to achieve cost savings and operational efficiency.
- Identify, evaluate, and negotiate with suppliers to establish mutually beneficial partnerships.
- Conduct supplier audits and performance assessments to ensure compliance with quality standards, safety regulations, and delivery timelines.
- Resolve vendor disputes and maintain strong relationships to foster long-term collaboration.
- Ensure adherence to company procurement policies, contractual requirements, and relevant legal regulations.
- Implement risk management strategies to address supply chain disruptions and mitigate potential project delays.
- Monitor procurement practices for ethical standards and ensure full compliance with corporate social responsibility (CSR) guidelines.
- Develop and manage the procurement budget, aiming for cost optimization without compromising quality.
- Track procurement costs and ensure alignment with project budgets; analyze expenditure to identify savings opportunities.
- Prepare regular procurement reports for management, detailing spending, supplier performance, and savings achieved.
- Work closely with operation departments to ensure materials meet specific technical and safety standards.
- Support project managers by providing timely updates on procurement status and addressing any material shortages.
- Identify and implement improvements to procurement processes, including automation and digital tracking solutions, to enhance operational efficiency.
- Develop a framework for continuous improvement and establish key performance indicators (KPIs) for procurement activities.
- Perform other duties as assigned.

**Qualifications and Experience**:

- Bachelor’s degree in Business / Supply Chain Management / Engineering, or a related field. A master’s degree or professional certifications (e.g., CIPS, CPSM) is a plus.
- At least 10 years of experience in procurement, preferably within the railway, construction, or infrastructure sectors.
- Strong negotiation, analytical, and problem-solving skills.
- Familiarity with procurement software and ERP systems.
- Knowledge of industry standards, supplier management best practices, and compliance requirements.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Experience in procurement within large-scale infrastructure projects.

Pay: RM8,000.00 - RM15,000.00 per month

**Benefits**:

- Opportunities for promotion
- Professional development

Schedule:

- Monday to Friday

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