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Procurement Executive (Sourcing)

RM 3,500 - RM 4,500 / month

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Loob Holding are a group of forward-thinking, passionate Food & Beverage entrepreneurs with knowledge and expertise in F&B industry. We are holding multiple of brands such as Tealive, Baskbear Coffee & Sodaxpress. We never settled with the achieved milestone and constantly challenge our status quo; bold to make change through creativity and innovation to connect people and future through eating and drinking culture!

We are currently looking for a Senior Procurement Executive with a good skills of sourcing and knowledge in Inventory Management.

Job Description:

1. Strategic Sourcing & Procurement

  • Identify, evaluate, and source merchandise products that enhance brand visibility and drive sales.
  • Develop and implement sourcing strategies to secure high-quality merchandise at competitive costs.
  • Conduct market research to stay ahead of industry trends and introduce innovative merchandise that differentiates the brand from competitors.

2. Supplier & Vendor Management

  • Identify, assess, and onboard reliable suppliers, ensuring quality, cost-effectiveness, and timely delivery.
  • Negotiate pricing, contracts, and terms with suppliers to maximize value and maintain strong partnerships.
  • Monitor supplier performance and resolve issues related to quality, lead time, and compliance.

3. Product Development & Brand Alignment

  • Collaborate with Marketing and Brand teams to develop exclusive, high-impact merchandise that aligns with brand identity and promotional campaigns.
  • Work closely with internal stakeholders to ensure product designs, materials, and packaging reflect the brand’s positioning and appeal to target consumers.
  • Source sustainable and innovative materials that align with the company’s sustainability goals.

4. Cost Management & Budgeting

  • Manage procurement budgets effectively, ensuring cost optimization while maintaining product quality.
  • Analyze cost structures and identify opportunities for cost reduction through strategic supplier partnerships and bulk purchasing.
  • Monitor expenses, forecast demand, and ensure spending aligns with business objectives.

5. Inventory & Order Management

  • Plan and manage inventory levels to prevent shortages or overstocking of merchandise items.
  • Coordinate with demand planning and logistics teams to ensure seamless order fulfillment and timely stock replenishment.
  • Ensure proper documentation and compliance with procurement policies and procedures.

6. Process Improvement & Compliance

  • Enhance procurement processes to improve efficiency, accuracy, and transparency.
  • Ensure compliance with company policies, ethical sourcing standards, and regulatory requirements.
  • Leverage technology and procurement best practices to streamline operations and reporting.

7. Cross-Functional Collaboration

  • Work closely with the Marketing, Sales, and Operations teams to align procurement strategies with business goals and promotional activities.
  • Support new product launches and promotional campaigns by securing merchandise that enhances customer engagement and brand recall.
  • Provide insights and recommendations on merchandise trends and consumer preferences.

8. Market & Competitor Analysis

  • Conduct regular benchmarking and competitor analysis to understand industry trends and consumer behavior.
  • Identify opportunities to introduce unique, limited-edition, or seasonal merchandise that enhances brand desirability.

Requirements

  • Minimum 3–5 years of experience in procurement, sourcing, or supply chain management, preferably in merchandising, retail, or F&B industry.
  • Proven experience in sourcing and managing suppliers from oversea is highly desirable.
  • Experience in product development and brand merchandising is an added advantage.

#new

Job Type: Full-time

Pay: RM3,500.00 - RM4,500.00 per month

Benefits:

  • Additional leave
  • Health insurance
  • Maternity leave
  • Opportunities for promotion
  • Parental leave

Schedule:

  • Monday to Friday

Supplemental Pay:

  • 13th month salary
  • Performance bonus