Responsibilities:
Sourcing and Supplier Management:
Identify potential suppliers and maintain relationships with existing ones.
Evaluate suppliers based on price, quality, delivery speed, and reliability.
Negotiate contracts, terms, and conditions with suppliers to secure favorable terms.
Procurement Process:
Develop and implement procurement strategies to meet company objectives.
Collaborate with other departments to determine procurement needs and specifications.
Prepare purchase orders and ensure accuracy of specifications, quantities, and delivery dates.
Monitor and track purchase orders to ensure timely delivery and resolve any issues that arise.
Cost Management:
Analyze market trends and pricing to identify cost-saving opportunities.
Negotiate pricing and terms to achieve cost reductions without compromising quality.
Maintain accurate records of purchases, pricing, and inventory levels.
Quality Assurance:
Ensure that purchased products meet quality standards and specifications.
Address quality issues with suppliers and coordinate returns or replacements as necessary.
Compliance and Risk Management:
Ensure compliance with company policies, procedures, and regulations.
Stay updated on relevant laws and regulations related to procurement.
Identify and mitigate risks associated with procurement activities.
Supplier Relationship Management:
Foster positive relationships with suppliers to enhance collaboration and efficiency.
Address supplier concerns or grievances in a timely and professional manner.
Continuously assess supplier performance and provide feedback for improvement.