Purchasing Executive Salary In Malaysia

A Purchasing Executive in Malaysia is a professional responsible for sourcing and procuring goods or services for an organisation. This role is crucial in ensuring the company obtains quality products at competitive prices while maintaining good supplier relationships.

In Malaysia, the salary for a Purchasing Executive ranges from RM3,000 to RM7,000 per month, depending on experience and the company’s size. Fresh graduates might start at the lower end of this scale, while those with several years of experience can command higher salaries. Purchasing Executives are tasked with researching potential suppliers, negotiating contracts, managing inventory levels, and ensuring timely delivery of goods. They must also stay up-to-date with market trends, analyse pricing data, and work closely with other departments to understand their procurement needs. It’s a role that requires a keen eye for detail, strong negotiation skills, and the ability to juggle multiple tasks simultaneously.

How Much Does A Purchasing Executive Earn Per Month?

Purchasing executives in Malaysia earn different salaries based on their experience and where they work. New graduates start at RM3,000 per month, while experienced executives can earn up to RM7,000. Top companies, especially international ones, pay their senior executives more than RM8,000 monthly.

A senior procurement executive makes RM4,500 monthly, which can reach RM5,000 with extra payments like bonuses and commissions. Senior purchasing and logistics executives earn RM4,500 to RM6,500 monthly. Senior procurement specialists earn different amounts in different cities – RM5,218 in Shah Alam, RM5,111 in Petaling Jaya, and RM5,016 in Johor Bahru. Purchasing officers make RM2,700 to RM3,500 monthly, while procurement officers earn RM2,800 to RM3,700. Purchasers in Shah Alam receive RM3,326 per month.

Higher-level positions pay more. Executive procurement agents earn RM10,667 to RM18,000 monthly. Associate procurement directors make RM14,917 to RM23,833 per month. Chief procurement agents get the highest pay at RM15,500 to RM28,917 monthly. Companies also give extra benefits to their executives. These include transport money, meal allowances, phone bill payments, medical insurance for the executive and their family, and yearly leave days.

How to Become a Purchasing Executive?

To become a purchasing executive in Malaysia, you must equip yourself with the right qualifications and skills. Employers look for candidates with bachelor’s degrees in business, supply chain management, or a related field. However, some companies may consider those with diplomas or relevant work experience. Develop strong negotiation skills, analytical thinking, and proficiency in procurement software.

Gaining industry certifications like CIPS (Chartered Institute of Procurement & Supply) can give you an edge. Start by applying for entry-level positions or internships in procurement departments to gain hands-on experience. Network with professionals in the field and stay updated on industry trends. As you progress, focus on building relationships with suppliers, improving your communication skills, and demonstrating your ability to manage budgets effectively.