Senior Procurement Associate

Darussalam Assets Sdn BhdOn-siteFull-timeSenior, 5–8 yearsListed 6 days ago

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About this role

Job Title: Senior Procurement Associate
Department/Unit: Purchasing & Tender Administration
Employment Type: Permanent

Job Summary

The Senior Procurement Associate is responsible for overseeing all procurement activities, including vendor management and supplier engagement. This role ensures that goods and services are acquired in a timely, cost-effective, and compliant manner while maintaining high-quality standards. Additionally, the position involves optimizing procurement processes and supporting strategies aimed at enhancing cost efficiency, supplier performance, and organizational procurement goals.

Job Description

- Oversee the procurement of goods and services, ensuring alignment with company needs and budget.

- Identify, evaluate, and select reliable suppliers and vendors.

- Conduct market research to identify cost-saving opportunities and industry trends.

- Review and approve purchase orders, ensuring accuracy and adherence to procurement policies.

- Monitor inventory levels and coordinate with internal teams to prevent shortages or overstocking.

- Collaborate with finance and logistics teams to ensure timely payment and delivery.

- Ensure all procurement activities comply with company policies and regulatory requirements.

- Assess and mitigate risks related to procurement and supplier performance.

- Maintain procurement records and documentation for audits and reporting.

- Identify and implement improvements in procurement processes to enhance efficiency.

- Analyze procurement data and generate reports on spending, savings, and supplier performance.

- Provide training to junior procurement staff and support cross-functional collaboration.

Skills

- Strong negotiation, contract management, and vendor evaluation skills.

- Excellent analytical, problem-solving, and communication abilities.

- In-depth understanding of procurement regulations, compliance, and risk management.

- Strong teamwork and collaboration skills.

- Highly driven with the ability to demonstrate initiative and proactively seek solutions.

- Strong leadership qualities, with the ability to motivate, coach, and develop others.

- Ability to manage relationships effectively with both internal and external stakeholders.

Education

- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.

- Chartered Institute of Procurement & Supply (CIPS) certification is a plus.

- 5+ years of experience in procurement, sourcing, or supply chain management.

- Experience with procurement software and ERP systems is advantageous.