Welcome to Arrow Electronics, a global leader in technology solutions. We are currently seeking a highly motivated and experienced IC Buyer to join our team. As an IC Buyer, you will play a crucial role in managing our inventory of integrated circuits, ensuring timely procurement and delivery to our customers. We are looking for someone who is detail-oriented, organized, and able to thrive in a fast-paced environment. If you have a strong background in purchasing and supply chain management, we encourage you to apply for this exciting opportunity.
- Manage inventory of integrated circuits: Responsible for monitoring and maintaining the inventory of integrated circuits, including tracking stock levels, identifying potential shortages, and taking necessary actions to ensure an adequate supply.
- Procurement: Act as the primary point of contact for purchasing integrated circuits from suppliers. This includes identifying potential suppliers, negotiating pricing and contract terms, and managing the procurement process.
- Timely delivery: Ensure timely delivery of integrated circuits to customers by closely monitoring lead times, shipping schedules, and proactively addressing any delays or issues that may arise.
- Supply chain management: Collaborate with cross-functional teams, such as sales and logistics, to develop and implement effective supply chain strategies that optimize inventory levels and improve overall efficiency.
- Compliance: Ensure compliance with company policies and procedures, as well as local and international regulations, when sourcing and purchasing integrated circuits.
- Vendor management: Build and maintain strong relationships with suppliers, including conducting regular performance evaluations and implementing improvement plans when necessary.
- Cost control: Monitor and control costs related to the procurement and inventory of integrated circuits, looking for opportunities to reduce costs and improve efficiency.
- Data analysis: Utilize data analysis to identify trends, forecast demand, and make data-driven decisions to optimize inventory levels and improve the procurement process.
- Team collaboration: Work closely with other members of the procurement team and other departments to achieve common goals and objectives.
- Continuous improvement: Proactively identify areas for improvement in the procurement and inventory management process and implement solutions to drive efficiency and cost savings.
Strong Understanding Of Supply Chain Management: A Successful Ic Buyer At Arrow Electronics Must Possess A Thorough Understanding Of Supply Chain Processes, Including Sourcing, Purchasing, And Inventory Management. They Should Be Able To Analyze Data And Make Strategic Decisions To Optimize Supply Chain Operations.
Experience In Electronic Component Procurement: As An Ic Buyer, It Is Essential To Have Experience In Procuring Electronic Components. This Includes Knowledge Of Industry Standards, Technical Specifications, And Supplier Networks. This Expertise Allows The Buyer To Negotiate Competitive Prices And Ensure Product Quality.
Excellent Negotiation Skills: Negotiation Is A Critical Aspect Of The Ic Buyer Role At Arrow Electronics. The Ideal Candidate Should Have Excellent Communication And Interpersonal Skills To Negotiate With Suppliers And Secure Favorable Terms And Conditions.
Ability To Manage Multiple Projects And Deadlines: Ic Buyers At Arrow Electronics Are Responsible For Managing Multiple Projects And Deadlines Simultaneously. They Should Be Able To Prioritize Tasks Effectively And Work Well Under Pressure To Meet Tight Deadlines.
Familiarity With Enterprise Resource Planning (Erp) Systems: Arrow Electronics Uses An Erp System To Manage Inventory And Track Orders. A Qualified Ic Buyer Should Have Experience Working With Similar Systems And Be Comfortable Using Technology To Streamline Processes And Improve Efficiency.
Contract Management
Inventory Management
Procurement
Vendor Management
Market Research
Forecasting
Negotiation
Supply Chain
Cost Analysis
Strategic Sourcing
Order Fulfillment
Supplier Relationships
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a IC Buyer in 10050, Penang, Malaysia is around RM 4,500 to RM 6,500 per month. This may vary depending on factors such as experience, qualifications, and the specific company and industry the individual is working in.
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Arrow Electronics, Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions . It operates through two segments: Global Components Business and Global Enterprise Computing Solutions.

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