Lancesoft Malaysia Hiring! Full Time Procurement Specialist in Federal Territory - Ricebowl

Job Title: Senior Sourcing Specialist

Summary:

Seeking a Senior Sourcing Specialist with 12+ years of experience in strategic sourcing and procurement within the Oil & Gas, EPC, OEM, or industrial sectors. The role focuses on supplier management, contract negotiations, LTAs, and driving cost-effective procurement strategies.

Minimum Requirements & Eligibility:

• 12+ years of experience in Strategic Sourcing/Procurement.
• Oil & Gas, EPC, OEM, or industrial industry background.
• Experience in LTA development, contract negotiation, supplier evaluation, and cost analysis.
• Hands-on experience with SAP, Ariba, or similar sourcing tools.
• Bachelor's Degree required.
• Strong communication, stakeholder management, and negotiation skills.

Roles & Responsibilities:

• Develop and execute sourcing strategies across assigned categories.
• Lead RFQs, supplier evaluations, commercial negotiations, and contract awards.
• Establish and manage Long-Term Agreements (LTAs) and framework contracts.
• Handle PO placement and procurement activities in line with company policies.
• Analyze spend data and market trends to identify cost-saving opportunities.
• Manage supplier performance and drive continuous improvement initiatives.
• Collaborate with engineering, operations, and project teams to align procurement requirements.
• Ensure compliance with procurement policies and mitigate supply chain risks.