PROCUREMENT OFFICER

1. Supplier Management

• Identifying Suppliers: Researching, evaluating, and selecting vendors who can supply the required goods or services.
• Negotiating Terms: Negotiating prices, payment terms, delivery schedules, and contracts with suppliers.
• Building Relationships: Developing and maintaining long-term, positive relationships with suppliers and vendors to ensure consistent quality and service.

2. Purchasing and Sourcing

• Procurement Planning: Collaborating with internal departments (e.g., finance, production, and operations) to understand their needs and forecast future procurement requirements.
• Order Processing: Placing orders for goods or services, ensuring timely delivery and quality standards are met.
• Inventory Management: Tracking stock levels and managing replenishment processes to avoid stock-outs or overstocking.

3. Contract Management

• Drafting and Reviewing Contracts: Drafting, reviewing, and ensuring compliance with contracts, including terms and conditions.
• Vendor Performance Monitoring: Ensuring that suppliers comply with contractual obligations, including delivery timelines and quality standards.

4. Budget and Cost Control

• Cost Optimization: Identifying opportunities to reduce procurement costs through efficient sourcing, bulk buying, and negotiation.
• Budget Management: Monitoring procurement budgets to ensure that spending aligns with allocated budgets and that procurement processes are cost-effective.

5. Compliance and Risk Management

• Regulatory Compliance: Ensuring that procurement activities comply with relevant laws, regulations, and organizational policies.
• Risk Management: Identifying potential risks in the supply chain (e.g., price fluctuations, delivery delays) and taking proactive measures to mitigate them.

6. Record Keeping and Reporting

• Documentation: Maintaining accurate records of purchase orders, contracts, invoices, and supplier communications.
• Reporting: Preparing regular procurement reports, analyzing procurement activities, and presenting them to senior management for decision-making.

7. Collaboration and Communication

• Internal Coordination: Working closely with other departments (e.g., logistics, production, finance) to ensure smooth procurement and fulfillment of their needs.
• Supplier Communication: Liaising with suppliers to resolve any issues, ensuring the quality of products, and following up on delivery statuses.

8. Market Research and Trends

• Industry Research: Staying informed about market trends, new suppliers, technological innovations, and pricing fluctuations to make informed procurement decisions.
• Sourcing Strategies: Continuously improving procurement strategies to align with the organization's evolving needs and market conditions.

Job Types: Full-time, Permanent

Pay: RM2,000.00 - RM3,000.00 per month

Schedule:

• Early shift
• Fixed shift

Experience:

• Procurement management: 1 year (Required)

Expected Start Date: 12/16/2024