Corporate Sourcing Executive

Full Time, onsite
Lapasar Sdn Bhd
Petaling Jaya, Malaysia

RM 3,000 - RM 4,000 / Per Mon

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Job description

Corporate Sourcing Executive

Full time

On-site in Kota Damansara HQ

Company Description

Lapasar is one of Malaysia's fastest-growing startups and a business-to-business (B2B) sector, focusing on providing procurement solutions. Lapasar Sdn Bhd's platform allows businesses to order various products, including office supplies, stationery, IT equipment, and other business-related materials. This platform typically aims to reduce the complexities of traditional procurement processes and create a more transparent, efficient purchasing experience. In 2018, Lapasar started as a B2B platform in the corporate segment. Our clients, such as Telekom Malaysia, PETRONAS, or Tenaga Nasional Berhad buy items for their daily operational needs (e.g., laptops, projectors, office furniture, etc.) from our platform.

In 2020, the B2B platform was extended to serve Mom and Pop stores, whereby shops order their supplies (e.g., Milo, Nescafe, Red Bull, etc.) via our app/platform. Today, the FMCG Wholesale Segment is the key pillar of Lapasar’s business and growth. We aim to onboard 100,000+ mom-and-pop stores and restaurants across Malaysia onto our mobile app and make their daily ordering of stocks as easy and simple as Shopee or Lazada has made the experience in the consumer e-commerce space.

Role Description

A Corporate Sourcing Executive is responsible for managing and overseeing the procurement of goods and services for a company, ensuring that sourcing activities align with business objectives, budgets, and quality standards. This role is essential for businesses like Lapasar Sdn Bhd, which deals with the supply chain and B2B procurement processes.

Key Responsibilities:

Identify, evaluate, and establish relationships with new and existing suppliers.
Negotiate contracts, terms, and pricing with suppliers to ensure competitive rates.
Monitor supplier performance, ensuring delivery timelines, quality standards, and compliance.
Maintain a robust supplier database, ensuring that it is up-to-date and comprehensive.
Oversee the sourcing of products and services, from identifying the need within the company to ensuring successful procurement.
Ensure that procurement is in line with the company’s budget and meets cost-efficiency targets.
Analyze market trends to identify new suppliers and cost-effective solutions.
Collaborate with other departments (such as finance and operations) to understand business needs and ensure effective procurement.
Draft, review, and manage procurement contracts to ensure they meet organizational requirements.
Ensure compliance with legal requirements and internal policies in all procurement activities.
Resolve any issues related to contracts, such as disputes or discrepancies.
Regularly assess supplier performance, including delivery timelines, product quality, and cost-effectiveness.
Develop and implement performance improvement initiatives with suppliers.
Maintain strong communication with suppliers to address issues proactively.
Assist in managing the sourcing budget and maintaining cost effectiveness.
Track and report on savings generated through effective sourcing strategies.
Ensure that purchases are made in line with the budget and approval processes.
Work closely with other departments such as Finance, Legal, and Operations to understand sourcing needs.
Collaborate with internal stakeholders to ensure smooth and timely procurement processes.
Provide recommendations on sourcing strategies and improvements based on internal feedback.
Conduct market research to identify potential new suppliers, industry trends, and cost-saving opportunities.
Provide data-driven insights to improve sourcing decisions and strategies.
Ensure all sourcing activities comply with internal and external regulations, such as ethical sourcing and sustainability policies.
Identify and mitigate any risks associated with sourcing, such as supply chain disruptions or legal compliance issues.
Participate in events and exhibitions aimed at fostering engagement with clients and vendors
Coordinate and oversee preparations for events to ensure seamless execution and effective client and vendor engagement.

Experience:

Typically, 2–5 years of experience in sourcing, procurement, or supply chain management, preferably in a corporate or B2B environment.
Strong understanding of procurement software and systems.
Minimum Diploma or Degree holders are encouraged to apply

Skills:

Strong negotiation skills.
Excellent communication and interpersonal skills.
Analytical and problem-solving abilities.
Knowledge of sourcing best practices and market trends.
Familiarity with contract management and compliance regulations.

Personal Attributes:

Detail-oriented and organized.
Proactive and able to work independently.
Strong teamwork and collaboration skills.

Key Performance Indicators (KPIs):

Cost savings are achieved through effective sourcing.
Supplier performance metrics (e.g., on-time delivery, quality, and responsiveness).
Compliance with budget and procurement timelines.
Vendor satisfaction and relationship management.

Working Environment:

This role typically operates in an office environment with occasional travel to meet suppliers, visit factories, or attend trade shows. It may require working with cross-functional teams and external partners.

The Corporate Sourcing Executive plays a crucial role in ensuring that an organization’s procurement strategy is efficient, cost-effective, and aligned with business goals. This position is integral to building strong supplier relationships, maintaining quality standards, and driving overall business performance.

Salary Range : RM3,000 - 4,000

Working hours & days : Monday - Friday 9am-6pm

Benefits