Coordinator – Procurement at CapitalSage Technology Limited

About the job

• Coordinating sourcing of materials requirement planning to mitigate out of stock and factory shut down
• Collaborating with NPD/R&D to develop quality product that drives cost savings
• Conduct research to source the best products and vendors in terms of best value
• Negotiate and agree contracts, keep contract details for reference
• Build and maintain good relationships with new and existing suppliers
• Develop strategies to make sure that cost savings and vendor performance targets are met or exceeded
• Preparing procurement cost-benefit analysis for superior sourcing decision
• Undertake value for money reviews of existing contracts and necessary review
• Ensure the security and sustainability of sources of essential products and services
• Forecast price trends and their impact on future activities
• Analyze data, produce reports and statistics for strategic decision making
• keep up to date with trends and innovations, regulation and new technology that can impact on the business
• Ensure compliance with foreign importation regulation/preprocess
• Generating monthly and quarterly reports
• Carry out other assigned tasks for the unit

Requirements

• Bachelors degree in Business Administration, Supply Chain Management, or related field.
• Proven experience in procurement or purchasing roles, with at least 5+ years of relevant experience.
• Strong knowledge of procurement principles, practices, and regulations.
• Excellent negotiation and contract management skills.
• Proficiency in procurement software and MS Office, particularly Excel.
• Strong analytical and problem-solving abilities.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaboratively in a team environment.
• Certification in procurement (e.g., CSCP, CPIM, CIPS) is a plus.