Procurement Executive(Electronic Manufacturer)

1. Supplier Sourcing and Evaluation

• Identify, evaluate, and select suppliers of electronic components, raw materials, and services.
• Conduct market research to source new suppliers, ensuring they meet technical specifications and industry standards.
• Manage supplier qualification processes, including auditing facilities and verifying compliance with quality standards such as ISO 9001 or specific electronics industry certifications (e.g., IPC standards).

2. Negotiation and Contract Management

• Negotiate pricing, payment terms, delivery schedules, and contracts with suppliers to optimize costs while ensuring product quality and timely supply.
• Develop long-term relationships with key suppliers and negotiate annual or multi-year supply agreements.
• Ensure contracts comply with regulatory requirements (e.g., RoHS, REACH) specific to the electronics industry.

3. Inventory and Demand Planning

• Collaborate with production, engineering, and logistics teams to understand the company’s material requirements, ensuring the timely and cost-effective procurement of electronic components (PCBs, resistors, capacitors, etc.).
• Plan and maintain appropriate inventory levels to avoid stockouts or overstocking, using demand forecasting tools and software.
• Work closely with the supply chain team to align procurement plans with production schedules, minimizing lead times and reducing costs.

4. Supplier Relationship and Performance Management

• Monitor supplier performance, including quality, on-time delivery, and pricing consistency.
• Implement corrective actions with suppliers when issues arise, such as delays, quality defects, or non-compliance with contractual agreements.
• Lead initiatives to develop alternative suppliers or improve current supplier capabilities to mitigate risks and enhance supply chain resilience.

5. Cost Management and Savings Initiatives

• Drive cost-reduction initiatives through vendor negotiations, volume purchasing, and alternative sourcing strategies.
• Track and report cost savings achieved through procurement strategies, ensuring alignment with overall company financial goals.
• Analyze material costs and market trends to forecast price fluctuations and recommend mitigation strategies (e.g., long-term agreements, hedging).

6. Compliance and Risk Management

• Ensure that all procurement activities comply with company policies, legal requirements, and electronics industry regulations.
• Manage risks related to supplier dependency, geopolitical factors, and supply chain disruptions by developing contingency plans and alternative sourcing strategies.
• Maintain compliance with industry-specific regulations such as lead-free manufacturing (RoHS) and other environmental standards.

Skills and Qualifications:

• Strong understanding of the electronics manufacturing process and components.
• Expertise in procurement software (e.g., SAP, Oracle, or other ERP systems).
• Excellent negotiation and supplier management skills.

Job Type: Full-time

Pay: Up to RM7,500.00 per month

Schedule:

• Monday to Friday

Supplemental Pay:

• 13th month salary
• Performance bonus