Senior Procurement Specialist

Posted 10 Days Ago
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Bayan Lepas, Barat Daya, Pulau Pinang
5-7 Years Experience
3D Printing
The Role
Senior Procurement Specialist responsible for overseeing procurement processes, negotiating contracts, and managing supplier relationships to align purchasing activities with organizational goals and compliance standards. Key responsibilities include market research, supplier analysis, budget management, and collaboration with cross-functional teams to support operational needs. Strong negotiation skills, analytical capabilities, and stakeholder engagement are essential for driving efficiency in procurement activities.
Summary Generated by Built In

Company Description

Renesas is one of the top global semiconductor companies in the world. We strive to develop a safer, healthier, greener, and smarter world, and our goal is to make every endpoint intelligent by offering product solutions in the automotive, industrial, infrastructure and IoT markets. Our robust product portfolio includes world-leading MCUs, SoCs, analog and power products, plus Winning Combination solutions that curate these complementary products. We are a key supplier to the world’s leading manufacturers of electronics you rely on every day; you may not see our products, but they are all around you. 

Renesas employs roughly 21,000 people in more than 30 countries worldwide. As a global team, our employees actively embody the Renesas Culture, our guiding principles based on five key elements: Transparent, Agile, Global, Innovative, and Entrepreneurial. Renesas believes in, and has a commitment to, diversity and inclusion, with initiatives and a leadership team dedicated to its resources and values. At Renesas, we want to build a sustainable future where technology helps make our lives easier. Join us and build your future by being part of what’s next in electronics and the world.

Job Description

Job Summary: 

A Senior Procurement Specialist is responsible for overseeing and managing the procurement processes within an organization. This role involves developing and implementing procurement strategies, negotiating contracts, and building strong relationships with suppliers. The specialist ensures that all purchasing activities align with the organization’s goals, budget, and compliance standards.

Key responsibilities include conducting market research, analyzing supplier performance, managing procurement budgets, and collaborating with cross-functional teams to support operational needs. The Senior Procurement Specialist also plays a critical role in risk management, ensuring a reliable supply chain while optimizing costs and maintaining quality standards.

In summary, this position requires strong negotiation skills, analytical capabilities, and the ability to work effectively with various stakeholders to drive value and efficiency in procurement activities.

Job Responsibilities: 

  • To responsible for full spectrum of procurement activities (specification , sourcing, analysis, negotiation, delivery) and ensure compliance with the related policies and procedures at all times during procurement activities.
  • To Identify, evaluate, and manage cooperations with suppliers to ensure quality, cost-effectiveness, and reliability.
  • To Assess and mitigate risks associated with the supply chain, including supplier reliability and market volatility.
  • To provide Administrative, Functional and Project Support to optimize procurement services and improve procurement process efficiency.

Qualifications

  • Bachelor's degree in supply chain management, business administration, finance, or a related field.
  • 5 years of experience in procurement, sourcing, or supply chain roles, and basic understanding semiconductor manufacturing processes and technologies will be added advantage.
  • Soft Skills:
    • Strong communication , negotiation ,analytical ,problem solving and interpersonal skills.
    • Flexibility to adjust strategies based on changing market conditions and organizational needs
  • Hard Skills : MS Office ( i.e. Word , Excel , Power Point ) and SAP System

Additional Information

Renesas Electronics Corporation empowers a safer, smarter and more sustainable future where technology helps make our lives easier. The leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at www.renesas.com.

Renesas’ mission, To Make Our Lives Easier, is underpinned by our company culture, TAGIE. TAGIE stands for Transparent, Agile, Global, Innovative and Entrepreneurial. Our goal is to embed this unique culture in everything we do to succeed as a company and create trust with our diverse colleagues, customers and stakeholders.

Renesas Electronics is an equal opportunity and affirmative action employer, committed to supporting diversity and fostering a work environment free of discrimination on the basis of sex, race, religion, national origin, gender, gender identity, gender expression, age, sexual orientation, military status, veteran status, or any other basis protected by law. For more information, please read our Diversity & Inclusion Statement.

The Company
Bengaluru, Karnataka
10,040 Employees
On-site Workplace

What We Do

We're the world's leading semiconductor manufacturer. Our mission is to make our lives easier and a world that's safer, healthier, greener, and smarter.

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