Strategic Sourcing

3 days ago


Butterworth, Penang, Malaysia Versatile Creation Sdn Bhd Full time

Job Responsibilities

  • Analyze sourcing requests and identify suitable suppliers from the approved supplier panel.
  • Prepare Requests for Quotation (RFQ), conduct quote analysis and negotiations, obtain Sourcing Committee approvals, and award new business to suppliers for finished products, components, and tooling.
  • Develop and execute the supplier sourcing strategy based on business needs, categorizing suppliers into grow, fix, or exit groups, and conduct make-or-buy analyses. Introduce new suppliers across Southeast Asia, India, Mexico, and North America.
  • Ensure accuracy of info records and purchase orders (POs) and communicate relevant data to Supply Chain Management (SCM), including Incoterms, lead times, prices, and minimum order quantities (MOQ).
  • Drive improvement of key procurement KPIs, including Material Productivity (CMP), Lead Time Performance, Delivery (STR/STC), and Quality (DLPM).
  • Improve material productivity by maintaining a 125% material pipeline, conducting CMP, TEBIT, and WAV analyses, and leading Value Analysis/Value Engineering (VA/VE) projects with the Engineering team.
  • Manage supplier pricing and Price Increase Authorization (PIA) processes effectively.
  • Maintain supplier capabilities and capacities to prevent production constraints.
  • Optimize MOQ for materials and components used in production and establish supplier agreements such as VMI, EDI, consignment, and scheduling agreements.
  • Lead supplier footprint consolidation by onboarding new suppliers and reducing supplier base size for efficiency.
  • Ensure all suppliers comply with TE's corporate standards and regulations (e.g., RoHS, REACH, conflict minerals reporting, and supplier portal requirements).
  • Oversee the contracting process for supplier agreements, including bailment, inventory management, and supply contracts.
  • Conduct Quarterly Business Reviews (QBRs) with key suppliers and drive corrective actions as needed.
  • Perform regular supplier risk assessments and ensure accurate data submission to finance through OV tools.
  • Collaborate with teams on ISO documentation, process audits, and compliance checks on a regular basis.
  • Support the tactical buying team in inventory management, outside product handling, and invoice blocking as required.

Job Requirements

  • Bachelor's Degree in Engineering, preferably Mechanical Engineering.
  • Minimum 10 years of experience in sourcing or procurement, preferably in electronics, stamping, machining, molding, or connector/cable assembly industries.
  • Strong problem-solving, analytical, and communication skills with a customer-focused mindset and a drive for continuous improvement.
  • Excellent project management and multitasking abilities, with experience in matrix and multicultural environments.
  • Proven ability to develop competitive sourcing strategies and deep understanding of market trends and supplier dynamics.
  • Familiarity with regional and global supplier bases for relevant commodities.
  • Proficient in SAP and Microsoft Office applications (Excel, Outlook, Word, PowerPoint).
  • Fluent in English, with strong negotiation and interpersonal skills.
  • Demonstrates integrity, accountability, teamwork, and innovation.
  • Proactive, detail-oriented, and cross-functional, with strong analytical and collaboration skills.

Job Type: Full-time

Pay: RM10, RM15,000.00 per month

Benefits:

  • Maternity leave
  • Professional development

Work Location: In person



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