Supplier Management
- Identify and evaluate potential suppliers based on quality, reliability, and price.
- Build and maintain strong relationships with vendors and suppliers.
- Monitor supplier performance and address issues as needed.
Sourcing and Procurement
- Assess procurement needs in association with various departments.
- Source materials, goods, and services that meet quality and cost requirements.
- Negotiate contracts, terms, and payment agreements with suppliers.
- Issue purchase orders and ensure timely delivery of goods and services.
Cost and Budget Control
- Monitor procurement budgets and ensure cost-effective purchases.
- Analyze market trends to identify opportunities for cost savings.
- Minimize procurement risks by ensuring stable supply and pricing
- Ensure procurement activities comply with company policies and regulations.
- Maintain accurate records of purchases, suppliers, and contracts.
- Prepare and present procurement reports to management.
Inventory Coordination
- Collaborate with inventory teams to manage stock levels.
- Forecast future procurement needs based on organizational demands.
- Address and resolve issues related to delayed deliveries, defective goods, or discrepancies.
- Coordinate with suppliers and internal stakeholders to resolve disputes.
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