About Valiram:
Valiram was established in 1935 in Kuala Lumpur, Malaysia, originally specializing in the textile trade. Today, Valiram is Southeast Asia's leading luxury goods and 360 retail specialist with presence in Malaysia, Singapore, Indonesia, Australia, New Zealand, Thailand, Hong Kong, Macau, Vietnam and the Philippines.
Operating more than 500 stores, a number which continues to grow, the group represents in excess of 200 brands across various categories, from fashion and accessories, timepieces and jewelry, perfume and cosmetics to confectionery and dining concepts.
Learn more about us at www.valiram.com
Position Summary:
Leads the procurement function, driving strategy and overseeing all aspects of the procurement process. This role involves managing a team, negotiating contracts, and optimizing procurement practices to align with company goals. The position will work closely with internal stakeholders to ensure cost-effective and timely acquisition of goods and services while maintaining strong supplier relationships.
Key Responsibilities Area:
- The overall key KPI for this role is to comprehensively oversee all aspects of the procurement function, ensuring efficient and cost-effective sourcing, purchasing, and supply chain management across the organization.
- Execute purchasing strategy and plans for identified category of purchase to ensure cost-effectiveness and quality supply and suppliers.
- Continuously improve the purchasing processes, policies and procedures for identified area of responsibility to meet internal customer needs & efficiency.
- Ensure effective negotiations and contracting of identified category of purchase in the best interest of the Group.
- Align purchasing activities with Group's strategies & objectives.
- Maintain proper records of purchases, quotations/sources, and approved vendor database/ Valiram Approved Partners List up to date.
- Identify and drive cost improvement initiatives to optimize cost of identified category of purchase.
- Provide market information and other identified requirements for the purpose of reporting and analysis to aid business decision-making.
- Prepare and conduct negotiations & tenders, and manage commercial relationships with new and existing suppliers.
- Evaluate Project bids based on criteria, and oversee the selection and awarding of contracts to ensure project requirements are met and value is achieved.
- Monitoring the ability to procure materials and services within the allocated budget, ensuring cost efficiency and minimizing financial overruns in fit-out projects.
- Tracking the percentage of materials and services procured and delivered on schedule, ensuring that the fit-out project progresses according to the planned timeline without delays.
- Ensuring that all procured materials and services meet the specified quality standards and project requirements, thereby maintaining the integrity and durability of the fit-out project.
- Develop and improve supplier management with objective to develop a stable, capable and competitive supplier base to provide on time, competitive, quality goods and services in meeting costumers requirement.
- Deliver the needs of other tasks as assigned by Reporting Director/ C-Suite from time to time in line with the role and expectations.
Qualifications:
Education
- Minimum a bachelor's degree in Procurement, Business Administration, or Supply Chain.
Personal Experience
- At least 10 years or above management experience in sourcing indirect materials within similar industries such as retail.
Personal Attributes
- Strong management skills including effective time management, problem solving, decision making, presentation, relationship management, organization skills.
- Experience in negotiations and complex contracts management.
- Exceptional leadership skill and ability to steer team from Good to Great.
- An ability to cultivate relationship with suppliers and stakeholders.
- Ability to identify processes needed improvement, and to recommend improvements.
- Proficient in Microsoft Excel, Word and Power Point.
Languages
- Fluent English and both in written and spoken. Knowledge of other language is added advantage.
