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Chief Procurement Officer

Penerangan Pekerjaan - Chief Procurement Officer

Our client,
a major transportation group of companies is looking for a person for the above
role.


Job Purpose
Responsible for leading the
procurement strategy, operations, and supplier relationship management to
optimize cost, quality, and efficiency in support of the organisation’s
objectives.

Accountable
for developing a strategic approach to the corporate procurement and material
management process for the purchase, ensuring the efficiency and
cost-effectiveness of the process within the organization, develop and/or
update procurement policies and procedures and to ensure alignment with
organizational goals, compliance with regulations, and sustainability in
procurement practices.


Key Accountabilities
  • Develop and
    implement a full procurement strategy to support organizational
    objectives; including liaising with senior management to adapt to
    strategic objectives, carrying out business intelligence, identifying the
    needs of the various business units;

  • Lead
    procurement planning, forecasting, and budgeting to optimize cost and
    value across the organization group;

  • Responsible
    for the overall EBITDA and revenue performance of the Group, with
    accountability for cost optimization initiatives. This includes driving
    these efforts and providing guidance to the relevant stakeholders;

  • Establish
    strategic partnerships with suppliers/vendors to ensure quality,
    reliability, and cost-effectiveness;

  • Manage
    tender process and get BOD approval;

  • Forecast
    ongoing demand for goods and services, monitoring by milestones,
    implementing processes and tools;

  • Conduct
    regular supplier performance reviews, negotiate contracts, and mitigate
    risks related to supply chain disruptions; including monitoring suppliers
    and procurement performance: drawing up specifications, defining key
    performance indicators;

  • Stay updated
    on market trends, maintain an in-depth knowledge of industry developments
    and regulatory changes;

  • Ensure
    ethical sourcing practices and compliance with Malaysian procurement
    regulations;

  • Implement
    technology and data analytics to enhance procurement efficiency and
    transparency;

  • Identify and
    manage procurement risks, ensuring compliance with company policies,
    government regulations, and international standards;

  • Collaborate
    with cross-functional teams, including operations, finance, and legal, to
    align procurement with organizational goals; and

  • Lead, mentor, and
    develop a high-performing procurement team, fostering a culture of excellence
    and accountability. This includes optimizing organization, recruiting new
    talent, leading, and identify the best training programme and industry
    certification for the team.



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