Procurement Executive

3 days ago

George Town, Malaysia Hong Bee Hardware Company Sdn Berhad Full time

1) Sourcing and Supplier Management
- Identify and evaluate suppliers based on quality, price, reliability, and production capabilities.
- Maintain strong relationships with existing suppliers and actively search for new, reliable suppliers to diversify the supply base.
- Assess suppliers through site visits, audits, and quality checks to ensure compliance with company standards.

2) Procurement Process Management
- Coordinate and manage purchase orders, ensuring accuracy and timeliness.
- Monitor inventory levels and forecast demand to maintain optimal stock levels, leveraging material control best practices.
- Implement and oversee material control procedures to reduce stock wastage and avoid stockouts, ensuring smooth production flow.

3) Inventory Management
- Develop inventory control policies to streamline material usage and minimize excess or obsolete stock.
- Track and analyze inventory turnover and adjust procurement strategies based on demand trends.
- Collaborate with warehouse teams to optimize storage and handling practices, ensuring efficient material control.

4) Negotiation and Cost Optimization
- Negotiate terms, prices, and contracts with suppliers to secure favorable terms.
- Identify cost-saving opportunities without compromising on quality or delivery times.
- Track and analyze market trends and competitor pricing to ensure competitive pricing.
- Coordinate and monitor all purchases to avoid any shortages, overcharges and breakage

5) Risk Management and Compliance
- Conduct risk assessments on suppliers to mitigate potential supply chain disruptions.
- Ensure all purchases comply with legal, regulatory, and ethical standards.
- Maintain thorough and accurate records of all procurement activities for audit and reporting purposes.

6) Collaboration and Reporting
- Work closely with other departments, such as Operations, Finance, and Production, to align procurement activities with business needs.
- Prepare regular reports on purchasing activities, supplier performance, and cost-savings achieved.
- Participate in cross-functional teams for projects aimed at improving supply chain efficiency.

**Requirement: -**
- Advanced/Higher/Graduate Diploma, Bachelor's Degree, Post Graduate Diploma, Professional Degree
- At least 2 year(s) of working experience in Purchasing & Procurement
- Good knowledge of vendor sourcing practice (researching, evaluating and liaising with vendors)
- Excellent communications and negotiation skills with suppliers

Pay: RM4,000.00 - RM6,000.00 per month

**Benefits**:

- Additional leave
- Maternity leave
- Opportunities for promotion
- Parental leave

Schedule:

- Fixed shift
- Monday to Friday

Supplemental Pay:

- Overtime pay
- Performance bonus

Ability to commute/relocate:

- George Town: Reliably commute or planning to relocate before starting work (preferred)

Application Question(s):

- What is your expected salary please, it's still can negotiable?

**Education**:

- Diploma/Advanced Diploma (preferred)

**Experience**:

- Procurement: 1 year (preferred)

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