Sourcing Executive

DUTIES & RESPONSIBILITIES:

• Monitor job progress and provide regular feedback.
• Foster a collaborative and high-performing team environment.
• Develop and implement sourcing strategies for direct/indirect materials (e.g., raw materials, components, MRO)
• Develop and implement sourcing strategies to meet the organization's material needs, considering cost, quality, lead times, and risk.
• Identify, evaluate, and select potential suppliers, negotiating contracts and establishing relationships.
• Monitor supplier performance, ensuring they meet quality, delivery, and cost requirements.
• Analyze market trends, supplier capabilities, and cost drivers to identify opportunities for cost reduction and risk mitigation.
• Build and maintain strong relationships with key suppliers. resolve performance issues proactively.
• Communicate effectively with suppliers, addressing any issues or concerns promptly.
• Negotiate favorable terms and conditions with suppliers.
• Lead supplier identification, qualification, and evaluation processes
• Partner with Production, Engineering, and Quality teams to align material specifications and sourcing decisions.
• Manage inventory levels to minimize costs and ensure timely availability of materials.
• Support new product development (NPD) by sourcing materials for prototypes and scaling production.
• Identify and implement cost-saving initiatives, such as vendor consolidation, bulk purchasing, or alternate sourcing strategies.
• Monitor and analyze material costs to identify areas for improvement. Track and report savings against organizational targets
• Ensure compliance with regulatory standards (e.g., REACH, RoHS) and ethical sourcing practices.
• Promote sustainable sourcing initiatives and supplier diversity programs.
• Monitor supply chain risks (geopolitical, logistical, supplier financial health) and develop contingency plans.
• Diversify supplier base to minimize disruptions.
• Utilize ERP systems and analytics tools (Excel, Power BI) to track KPIs (OTD, quality, cost savings).
• Maintain accurate supplier and material data records.

COMPETENCIES:

• Bachelor's degree in supply chain management, Business Administration, Engineering, or a related field.
• Minimum of 2-4 years of experience in sourcing, procurement, or supply chain management, preferably within a manufacturing or engineering environment.
• Proven ability to develop and implement sourcing strategies for both direct and indirect materials (e.g., raw materials, components, MRO).
• Experience with ERP systems (e.g., SAP, Oracle) and analytics tools such as Excel and Power BI.
• Ability to effectively analyze supplier performance and resolve issues proactively to ensure quality, delivery, and cost compliance.
• Preferably Mandarin literate to effectively communicate with Mandarin-speaking clients.
• Strong communication skills to collaborate with internal teams (Production, Engineering, Quality) and suppliers.
• A proactive approach to cost-saving initiatives and process improvements (e.g., vendor consolidation, bulk purchasing).
• Strong problem-solving skills with the ability to mitigate supply chain risks and minimize disruptions.

Our Commitment:

We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.

Compart Systems Technologies (Malaysia) Sdn. Bhd. is an equal opportunity employer. Compart is committed to and reaffirms its support of equal opportunity in employment and non-discrimination in employment policies, practices, and procedures on the basis of ethnicity, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status, or any other category protected by applicable federal, state, or local laws.

It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.