Procurement Manager

Add expected salary to your profile for insights.

As a Procurement Manager, you will lead the company’s procurement operations, focusing on maximizing value and driving cost-saving initiatives. You will manage centralized procurement processes, ensure compliance through a strong governance framework, and collaborate with business leaders to meet sourcing needs. Responsibilities include contract negotiations, supplier optimization, and continuous improvement of procurement systems. You will also ensure adherence to legal, regulatory, and ethical standards while monitoring key performance indicators to drive operational efficiency and performance improvements.

Key Responsibilities

• Focus on maximizing value for the organization by spending wisely, promoting an expense mindset, and championing expense-saving initiatives.
• Oversee and manage the operation and process of centralized procurement for the company, and conduct regular training and awareness to all stakeholders, ensuring efficiency and effectiveness.
• Establish and maintain a robust governance framework to ensure transparency and compliance in all procurement operations, systems, and processes.
• Continuously evaluate and improve procurement processes, systems, and tools to enhance operational efficiency, productivity, and cost-effectiveness.
• Partner with business leaders in ensuring sourcing processes are in accordance with Procurement policy and guidelines and other relevant requirements, which include reviewing Requests for Proposals (RFP) and Requests for Quotations (RFQ) and evaluations.
• Collaborate with internal stakeholders to determine procurement needs, forecasting demand, and developing procurement plans to meet business objectives.
• Oversee contract administration, including contract negotiation, renewal, and compliance, while mitigating risks associated with vendor contracts.
• Conduct cost analysis and market research to identify cost-saving opportunities, optimize supplier selection, and negotiate favorable terms and pricing.
• Ensure compliance with legal and regulatory requirements, ethical standards, and company policies throughout the procurement process, while mitigating potential risks.
• Establish and monitor key performance indicators (KPIs) to assess procurement performance, supplier performance, and identify areas for improvement.

Requirements

• 7-8 years of working experience in the related field - procurement & vendor management.
• Experience in the financial industry is an added advantage.
• Proficiency in conducting cost analysis, price negotiation, and implementing cost-saving strategies.
• A Bachelor's Degree in a relevant field.

How do your skills match this job?

Sign in and update your profile to get insights.

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a Procurement Manager?