Procurement Executive
1 week ago
**Job Summary**:
The Procurement Executive will be responsible for managing and executing procurement activities, including sourcing, tendering, vendor management, and contract negotiation. The role requires a detail-oriented individual with at least three (3) years of procurement experience and a strong understanding of procurement policies and procedures.
**Key Responsibilities**:
A Procurement Executive plays a crucial role in managing and optimizing the procurement process to ensure the organization acquires goods and services efficiently and cost-effectively. Below are the key responsibilities:
**1. Procurement Process Management**
- Execute end-to-end procurement activities, including sourcing, purchasing, and supplier evaluation.
- Ensure all procurement activities comply with company policies and regulatory requirements.
- Prepare and issue purchase orders (POs) timely
- Undertake any other assignment/s as and when required by the superior.
**2. Tendering & Vendor Management**
- Assist in the preparation and management of tendering, quotation, and consultancy processes.
- Evaluate supplier bids, proposals, and quotations to ensure cost-effectiveness and quality compliance.
- Conduct supplier performance evaluations and ensure quality standards are met.
**3. Cost Control & Budgeting**
- Monitor procurement expenses and identify cost-saving opportunities without compromising quality.
- Work closely with the finance team to ensure budget compliance and accurate financial reporting.
- Analyze and benchmarking to identify better procurement strategies that worth of money.
**4. Compliance & Documentation**
- Maintain proper records of procurement activities, including purchase orders, contracts, and vendor agreements.
- Ensure all procurement activities adhere to internal policies and external regulatory requirements.
- Conduct due diligence on suppliers to mitigate risks related to fraud or non-compliance.
**5. Stakeholder Coordination**
- Collaborate with internal departments to understand procurement needs and deliver effective solutions.
- Communicate with relevant departments to align procurement activities with business objectives.
**Job Requirements**:
- **Education**: Bachelor’s degree in Procurement, Supply Chain Management, Business Administration, or a related field.
- **Experience**: Minimum 3 years of experience in procurement, sourcing, or supply chain management.
- **Skills & Competencies**:
- Strong negotiation and analytical skills.
- Good understanding of procurement policies, tendering processes, and vendor management.
- Proficiency in procurement software and Microsoft Office (Excel, Word, PowerPoint).
- Excellent communication and problem-solving abilities.
- Ability to work independently and as part of a team in a fast-paced environment.
**Preferred Qualifications**:
- Experience in handling government or corporate procurement processes.
- Knowledge of procurement regulations and compliance standards.
**Job Types**: Full-time, Permanent
Pay: RM1,438.17 - RM4,519.69 per month
**Benefits**:
- Additional leave
- Cell phone reimbursement
- Dental insurance
- Flexible schedule
- Free parking
- Health insurance
- Maternity leave
- Opportunities for promotion
- Professional development
- Vision insurance
Schedule:
- Monday to Friday
Supplemental Pay:
- Overtime pay
Application Question(s):
- What's your expected monthly basic salary?
- How much notice are you required to give your current employer?
**Education**:
- Bachelor's (required)
**Experience**:
- Procurement: 3 years (required)
Work Location: In person
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