Job Description

The Procurement/Purchasing Executive is responsible for managing and overseeing the procurement process within the organization. This role involves sourcing and purchasing goods and services, negotiating with suppliers, and ensuring that the organization obtains quality products at competitive prices. The Procurement/Purchasing Executive plays a crucial role in optimizing costs, maintaining supplier relationships, and contributing to the overall efficiency of the organization.

The Procurement/Purchasing Executive is responsible for managing and overseeing the procurement process within the organization. This role involves sourcing and purchasing goods and services, negotiating with suppliers, and ensuring that the organization obtains quality products at competitive prices. The Procurement/Purchasing Executive plays a crucial role in optimizing costs, maintaining supplier relationships, and contributing to the overall efficiency of the organization. Located in Petaling Jaya

Key Responsibilities:

Sourcing and Supplier Management:

• Identify and evaluate potential suppliers, conducting negotiations to secure advantageous terms.

• Develop and maintain strong relationships with suppliers to ensure timely delivery, quality, and cost-effectiveness.
• Monitor supplier performance, addressing any issues or concerns promptly.

Procurement Planning:

• Collaborate with relevant departments to understand their procurement needs.

• Develop procurement plans, considering factors such as budget constraints, project timelines, and quality requirements.
• Research and stay informed about market trends and changes in suppliers to make informed decisions.

Cost Negotiation and Analysis:

• Negotiate favorable terms and conditions with suppliers, striving to achieve cost savings without compromising quality.

• Conduct cost analysis and benchmarking to ensure competitiveness and identify areas for cost reduction.

Contract Management:

• Draft, review, and execute procurement contracts, ensuring compliance with legal and organizational requirements.

• Monitor contract performance and enforce contract terms, including penalties for non-compliance.

Risk Management:

• Identify and assess potential risks in the procurement process.

• Develop and implement risk mitigation strategies to safeguard the organization\'s interests.

Policy Compliance:

• Ensure compliance with organizational procurement policies and procedures.

• Stay abreast of relevant laws and regulations affecting procurement activities and make adjustments as necessary.

Vendor Relations:

• Foster positive relationships with key vendors to enhance collaboration and resolve issues effectively.

• Evaluate and onboard new vendors when necessary.

Data Analysis and Reporting:

• Utilize data and analytics to track key procurement metrics and assess performance.

• Prepare regular reports for management, highlighting key performance indicators and areas for improvement.

Qualifications and Skills:

• Bachelor\'s degree in Business, Supply Chain Management, or a related field.
• Proven experience in procurement or purchasing roles.
• Strong negotiation and communication skills.
• Able to work in PJ

Benefits given:

• Annual leave
• Performance bonus
• Dental
• Spectacle

Adecco