Our client is an established European based company, provider of fully integrated electronic and mechatronic design and manufacturing solutions in Penang. They are looking for Procurement Manager with strong experience in sourcing, commodity or product costing.
Job Responsibilities
- Collaborate closely with the quoting and procurement leadership teams to ensure timely and competitive costing that supports project wins.
- Review BOM pricing thoroughly and negotiate the most competitive rates before presenting to leadership.
- Work with the European team to benchmark new bidding projects.
- Support and guide team members in localization efforts.
- Coordinate with the costing team, KAMs, and Business Development on cost reduction initiatives.
- Onboard new suppliers, including reviewing and negotiating relevant agreements.
- Partner with the commodity team to maintain a strategic supplier portfolio aligned with business needs, including supply base consolidation.
- Continuously monitor supplier performance and manage associated risks.
Represent the department in cross-functional meetings and company-wide programs.
Act as the Corporate Procurement representative during audits (e.g., customer audits, ISO compliance).
Job Requirements
- Bachelor degree in any discipline.
- Minimum 8 years’ experience in procurement/sourcing function in a Contract Manufacturing or related industry
- Good knowledge on distribution market and/or electronics material fabrication industry, business economics.
- Strong negotiation skills