Key Responsibilities:
Procurement & Sourcing:
- Research, evaluate, and select suppliers based on price, quality, and service.
- Source new vendors and maintain relationships with existing ones.
- Obtain and compare quotes to ensure competitive pricing.
Negotiation & Contract Management:
- Negotiate contracts, terms, and conditions with suppliers.
- Ensure compliance with company procurement policies
- Manage purchase agreements and resolve any contractual disputes.
Order & Inventory Management:
- Process purchase orders (POs) and track delivery schedules.
- Monitor inventory levels to avoid shortages or overstocking.
- Coordinate with the warehouse and logistics team for efficient stock management.
Cost Control & Budgeting:
- Identify cost-saving opportunities and implement procurement strategies.
- Work with finance to ensure accurate invoicing and payments.
Supplier Performance & Compliance:
- Assess supplier performance
- Conduct periodic supplier audits and evaluations.
Cross-Functional Collaboration:
- Work closely with operations, finance, and production teams to meet procurement needs.
Contribute to process improvements in procurement workflows.
Bachelor’s degreeStrong negotiation, communication, and analytical skills.Knowledge of procurement best practices and market trends.Ability to multitask and work under tight deadlines.