Purchasing Executive

2 days ago

Bandar Puncak Alam, Selangor, Malaysia Star Glory Group Full time

The Purchasing Executive is responsible for executing all strategic sourcing, procurement, and inventory planning activities for the Beauty and Confectionery categories within our Duty-Free Retail environment. This role is central to achieving the company's financial and commercial objectives by ensuring optimal product availability, maximising profitability through cost reduction, and managing working capital efficiently.

ACCOUNTABILITY

Strategic Sourcing & Negotiation

  • Lead the end-to-end sourcing process, including the identification and evaluation of new
    local and overseas suppliers
    to secure competitive advantages and the best commercial outcome for the organisation in product quality, value, and fulfilment.
  • Conduct market intelligence on price trends, supply availability, and competitive landscapes to inform and execute effective
    pricing negotiation strategies
    .
  • Proactively manage and reduce
    product costs
    and improve overall profitability through strategic negotiation of procurement terms, including increasing Accounts Payable to optimise
    working capital
    .

Inventory & Supply Chain Management

  • Develop and implement the
    replenishment strategy
    for all assigned products to ensure optimal stock levels and maximum sales conversion while minimising inventory holding costs.
  • Utilize the
    Materials Replenishment Planning (MRP)
    system and related tools to accurately forecast demand and execute purchase orders that align inventory with sales forecasts.
  • Oversee critical inbound logistics, transportation, and delivery operations, ensuring timely, cost-effective shipments, full compliance with
    Duty-Free regulations
    , and maintaining stock accuracy.
  • Monitor stock availability and lead times, proactively alerting commercial and operations teams to potential supply chain risks or non-compliance issues.

Supplier & Stakeholder Management

  • Establish and maintain robust
    Supplier Relationship Management (SRM)
    , fostering strategic partnerships that support business growth and secure long-term supply stability.
  • Conduct regular evaluations of supplier performance, focusing on quality standards, on-time delivery, and adherence to agreed-upon commercial terms.
  • Support the
    commercialisation of new products
    from initial concept through to market launch, ensuring timely sourcing and procurement of launch stock.
  • Generate rigorous analytical reports, including
    cost-benefit analysis
    , comparative category analysis, and supplier performance metrics for senior management review.

EXPERIENCE & QUALIFICATION

  • Bachelor's Degree in Procurement, Supply Chain Management, Business Administration, or a relevant field.
  • Minimum of
    3 years
    of progressive experience as a Purchasing or Procurement Executive, preferably within the Duty-Free retail sector or a fast-paced retail environment.
  • Demonstrated expertise in the
    Beauty, Cosmetics, Confectionery, or FMCG
    categories is highly advantageous.
  • Proven knowledge of
    import/export procedures
    , international logistics (transportation, warehousing, and forwarding), and relevant customs documentation.
  • Exceptional
    sourcing, negotiation, and influencing skills
    .
  • Strong financial acumen and rigorous
    data analysis capability
    to assess total cost of ownership and working capital impact.
  • Highly organized, detail-oriented, with a proven ability to manage complex contracts and documentation.
  • Solid problem-solving abilities and effective cross-functional communication skills.

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