Assistant Manager, Sourcing, Procurement (Non-IT Vendors) at Prudential plc - Kuala Lumpur

The Assistant Manager, Sourcing, Procurement (Non-IT Vendors) is responsible for overseeing the end-to-end procurement lifecycle for various categories. This role significantly impacts the organization's cost efficiency and compliance with procurement regulations while enhancing process effectiveness.

In this role, you will manage daily procurement activities, collaborating with internal stakeholders to ensure compliance and efficiency. You will implement sourcing strategies aimed at reducing costs and achieving savings targets.

Key Responsibilities:

• Conduct vendor due diligence to assess capabilities and reliability.
• Negotiate commercial terms to secure favorable agreements.
• Manage the tender process to ensure competitive bidding.
• Collaborate with internal teams to align procurement activities with business needs.
• Ensure compliance with regulatory requirements and internal governance policies.
• Enhance procurement processes for improved efficiency.
• Monitor and report on procurement performance metrics.