Key Responsibilities and Duties
- Purchasing & Sourcing: Identifying, evaluating, and selecting suppliers based on price, quality, and delivery speed.
- Negotiation & Contracting: Negotiating favorable contract terms, including pricing and payment terms, to maximize cost-efficiency.
- Record Keeping: Maintaining detailed records of purchases, pricing, and vendor data.
- Inventory & Logistics: Monitoring stock levels and coordinating with suppliers to ensure timely delivery of goods.
- Compliance & Risk: Ensuring compliance with company policies, legal regulations, and managing supply chain risks.
- Budget Management: Aligning purchasing activities with company budgets.
Required Skills and Qualifications
- Analytical Skills: Ability to analyze market trends, price trends, and vendor performance.
- Negotiation Skills: Strong communication and negotiation skills.
- Technical Proficiency: Experience with procurement software and inventory management systems.
- Education/Experience: Typically requires a degree in business, logistics, or a related field, along with relevant experience in procurement or supply chain management.
- Attention to Detail: High attention to detail for managing contracts and inventory records.
