SENIOR EXECUTIVE/ EXECUTIVE - PROCUREMENT, STRATEGIC SOURCING
Job Description
OVERVIEW
- Fully accountable in organizing and participating in the selection and management of supplier, building long-term and stable partnership with suppliers according to company's procurement strategies, keep consistent supply to ensure uninterrupted plant operation reduce the cost of procurement and obtain competitive advantage in procurement area.
DUTIES AND RESPONSIBILITIES
- Coordinate with other functions to complete the annual purchasing plan and ensure that department budgets, systems and procedures are developed and maintained for project and departmental operations.
- Lead and drive the management of the strategic sourcing plan with in line with company strategy
- Lead all negotiations to achieve competitive rates for products and services and actively support the expediting activities in meeting production demands, If there is a tender committee setup, to participate and facilitate actively.
- Strategic sourcing alternate sourcing and price negotiation to achieve stretched cost targets.
- Drafting and finalising of contracts/agreements related to purchases of goods and services by working closely with company legal advisors.
- Constantly develop and negotiate alternative vendors with competitive pricing, service and quality
- Establish key performance metrics to ensure all the products and services are delivered in accordance to the technical spec, contract terms, quality and quantity required etc.
- Controlling purchases and ensure that purchase of material and services comply with the Company's purchasing policy and procedures.
- Promote a culture which values integrity, process improvement, and results-orientation, responsiveness to change and cross functional integration.
- Lead the procurement team by setting clear goals and objectives, and providing coaching, mentorship and facilitating upskilling.
- Ensure that all procurement records are fully integrated with the ERP system and is timely maintained.
- To review and update the quality system procedures and work instructions for the department.
- Any other duties or tasks as assigned by your superior.
REQUIREMENTS
- Bachelor of Business Administration or relevant qualification.
- Minimum 3 years’ experience in purchasing, preferably in manufacturing industry.
- Data analysis including annual review, spend analysis, budgeting, costing, forecasting and strategic planning for Purchasing Department
- Development of key performance metrics for vendors
- Different types of raw materials (specifically key materials), packaging, quality, production processes, and the associated costs (to facilitate price negotiation and maximize productivity)
- Contract management, drafting of contractual terms, and legal documentation
- Purchasing negotiation tactics and techniques
- Tender award process (RFP, RFI, RFQ), criteria and guidelines
- Current industry trends, products in the market, packaging and raw material price movement
- ISO standards and other requirements including Social Compliance, Customers' special requirements, Halal Certification standards, etc.