Associate Director, Procurement
Touch 'n Go Group
APAC/Oceania, Malaysia, Kuala Lumpur
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Salary
Rank
Director
Responsibility
Functional Tower Lead
Scope
Regional
Workplace
Hybrid
Functions
Procurement
Reports to
Level
N-2
Travel Max:
0%
Posting Date
12-23-2024
Description
We fuel the ideas and ambitions of our people with an environment built on Our DNA of Love, Entrepreneurship, Agility, and Passion – LEAP
We are a culture that empowers everyone to innovate and create solutions that will leave a positive impact on our communities and our nation, Touch ‘n Go will always be here to inspire our talents to grow as leaders and innovators giving you the power to make a difference.
Key Responsibilities
- Lead and drive spend analysis
- Oversee and lead spend analysis to identify opportunities and devise systematic strategies to achieve cost optimization.
- Analyze purchasing trend vs vendor performance report to derive relevant purchasing input which can assist in decision making on appointment of vendors and cost-saving exercise.
- Develop and execute comprehensive procurement strategies that align with organizational goals, with a focus on cost optimization and vendor management.
- Lead and manage sourcing activities including contract renewal
- Plan, lead and develop procurement strategy.
- Assign sourcing request received from BU / Requestor to Lead / Senior Associate, Sourcing to undertake low value sourcing activity (up to RM1,000,000);
- Perform sourcing activities for high value sourcing activity (>RM1,000,000); and
- Drive procurement strategy to establish and maintain catalogue.
- Track procurement savings. Timely reporting on cost reduction and cost avoidance against historical price, average initial submission and budget.
- Lead and drive spend analysis. Identify opportunities and devise systematic strategies to achieve cost optimization
- Lead and drive vendor management. Identify and develop strategic vendors to fulfil organizational business need and gain best value proposition deals.
- Vendor relationship management.
- Vendor performance and remediation.
- Other miscellaneous tasks in supporting the Procurement Department, including but not limited to:
- Drive Procurement transformation (Processes, System, Governance & People).
- Plan, lead & execute procurement workflow digitization & automation.
- Lead any relevant project management including planning, scheduling, resource requirements, scope of work and work breakdown structure to ensure project is completed on schedule including strategizing support from other departments.
- Lead to review and refresh existing policy and/or OS/OPM and develop new policy and/or OS/OPM to reflect current practice in alignment to company strategies.
- Lead in enforcing procurement governance through training and creating awareness to improve procurement governance adherence.
- Prepare departmental / management reports, records and statistical data for administrative and internal & external purposes (eg audit).
Qualification & Requirements
- Degree or Professional Qualification in Purchasing / Supply Chain / Banking / Business Administration, Commerce / Economics / Finance or any other relevant disciplines (Engineering / IT / etc)
- At least 10 years of working experience in the related field is required for this position
- At least 5 years in managerial level with staff under supervision
- Strong project management skills
- Strong analytical skills including problem solving and analysis
- Strong negotiation skills
- Leadership and teamwork
- Strong collaborative skills
- Excellent problem-solving abilities
- Able to communicate well and provide clear guidance to Business Units and suppliers.
Benefits
- Hybrid and Flexi hours.
- e-Wallet meal allowance.
- Unlimited office pantry fruits, snacks and drinks.
- Mobile and broadband subscription reimbursement.
- Flexibility to opt dependents coverage (spouse, child, parents or parents-in-law) for outpatient medical benefits.
- Additional leave including family leave and paid care leave to care for family members.
- Medical coverage including dental, optometrist, mental care, maternity, registered Traditional Chinese Medicine (“TCM”) and Chiropractic.
- Corporate membership discount and many more to explore.
Company Profile
Touch 'n Go Group
Industry
Financial Services
Revenue
$81.9M
Employees
700
Fortune 500 Rank
NA
Global 500 Rank
NA
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