Parts Localization Executive - Costing

Job Summary:

You will assist in plan the development and execution of sourcing strategies for new projects, driving cost benchmarking, supplier negotiations, and innovative cost-reduction initiatives. Collaborate with cross-functional teams to achieve project budgets and annual cost-saving targets while enhancing supply chain localization and competitiveness.

Key Responsibilities:

• Localization & Supplier Development: Identify and nominate local suppliers with cost advantages to promote localization and reduce dependency on international supply chains.
• Cost Analysis & Benchmarking: Conduct detailed cost structure analysis and industry benchmarking to ensure competitive pricing and sustainable savings.
• Supplier Negotiation & Risk Management: Lead price negotiations with suppliers to meet project and annual cost reduction goals. Perform risk assessments and develop mitigation strategies.
• Market Dynamics Monitoring: Execute periodic price reviews tied to forex fluctuations, commodity trends, and market shifts to maintain pricing accuracy.
• Stakeholder Collaboration: Act as a liaison between brand principals and suppliers to align technical specifications, quality standards, and commercial terms.
• Innovation in Cost Reduction: Identify and implement creative cost-saving strategies, including process improvements, alternative materials, and value engineering.

Qualifications:

• Education: Bachelor’s Degree in Engineering, Business Administration, Supply Chain Management, or related field.
• Experience: 2–3 years of experience in automotive PROCUREMENT , engineering, or manufacturing. AUTO PARTS manufacturing knowledge is critical.
• Technical Skills: Proficiency in cost analysis tools (e.g., Should-Cost Modeling), ERP systems (e.g., SAP), and MS Excel. Understanding of automotive quality standards (e.g., IATF 16949).
• Soft Skills: Strong negotiation, emotional intelligence, leadership, and cross-cultural communication abilities.

Preferred Qualifications:

• Certification in supply chain management (e.g., CPSM, CSCP)
• Experience with electric vehicle (EV) components or emerging automotive technologies.

Working Location: Menara Mayflower Holidays, 1, Jalan Metro Pudu 1, Fraser Business Park, 55100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur