Supplier Management: Identify and establish relationships with reliable suppliers/vendors, negotiate prices, terms, and contracts, and maintain effective communication.
Procurement Strategy: Develop and implement procurement strategies that align with the company’s goals and budgets. Ensure the best value for money while maintaining product quality.
Inventory Control: Oversee inventory levels, monitor stock levels, and order materials/products in a timely manner to avoid shortages or overstocking.
Cost Management: Manage the procurement budget, monitor spending, and find ways to reduce costs without compromising quality.
Order Management: Ensure timely ordering of goods and services. Track orders to ensure they are delivered on time and in good condition.
Market Research: Stay up-to-date with market trends, new suppliers, and products. Conduct regular market research to find the best deals and evaluate potential suppliers.
Quality Assurance: Ensure that purchased goods and services meet quality standards. Conduct regular audits to maintain compliance with quality specifications.
Risk Management: Assess potential risks in the supply chain and develop strategies to mitigate them, including supply disruptions or price fluctuations.
Team Leadership: Supervise and mentor junior purchasing staff, ensuring they meet departmental objectives and company standards.
Reporting and Documentation: Maintain accurate procurement records, including purchase orders, supplier information, and contract details. Prepare regular reports for senior management.
Skills
Officer – Purchase / Sale (TSR)
Additional Skills
Negotiation Skill, Vendor Management, Supply chain Communication
