Head of Corporate Procurement

My client is a leading Electronics Manufacturing Services company with factories located in Malaysia, and Europe. They are now seeking to hire a Head of Corporate Procurement, based at their Penang factory. The position will report directly to the Chief Procurement Officer. Commodity ManagementLead the commodity team and procurement leadership team in developing commodity strategies.Collaborate with European counterparts to align overall commodity strategies. Cost SavingDrive the commodity team in price negotiations.Drive and support localization initiatives.Coordinate Value Engineering programs to reduce costs.Monitor PPV and define corrective actions when required.Coordinate customer-driven, KAM-driven, and project-based cost reduction programs.Review BOM pricing and ensure competitive pricing is negotiated before KAMs submit customer quotations.Supplier ManagementLead and support the qualification process for new suppliers.Set up new suppliers, including reviewing and negotiating agreements.Maintain an optimal supplier portfolio, including supplier consolidation activities.Continuously monitor supplier performance and risks.Drive continuous improvement in supply quality.General ManagementWork with the CPO to establish, improve, and implement SOPs and Corporate Procurement policies, and Group wide strategic initiatives.Work with KAMs on customer feedback related to procurement matters.Compile Corporate Procurement statistics and reports.Represent the department to other departments and coordinate company-wide programs.Represent Corporate Procurement during audits, including customer and ISO audits.Lead procurement process improvement projects.Manage a team of more than 20 employees. Personal AttributesStrong negotiation skills.Strong written and verbal English communication skills.Good interpersonal skills.Cost-conscious mindset.Strong numerical awareness and overall business perspective.High personal integrity.Technical RequirementsKnowledge of key commodity markets and sourcing channels in EMSUnderstanding of commodity construction, manufacturing processes, and cost structures.Education and ExperienceMaster/Bachelor's degree in mechanical engineering or a related field.Minimum of 7 years of experience in procurement or sourcing within contract manufacturing or a related industry.Good knowledge of the distribution market and/or electronics manufacturing industry.Understanding of business economics.Key Result Areas (KRA)Cost savings.Achievement of Costed BOM cost targets.Internal customer satisfaction.Authorities and Decision RightsPropose new suppliers and finalize ambiguities.Allocate and distribute purchases.Accept supplier quotations.Define commodity operations.