- Develop purchasing strategies and identify buying trends to keep the business profitable
- Conduct self-guided research to become familiar with what products are available as well as their costs and benefits
- Search available products to find the best combination of quality, price, and delivery
- Negotiate policies and contracts with various suppliers
- Manage deliveries to confirm compliance with contracts
- Monitor stock levels and verify purchase requisitions
- Identify damaged or defective goods and work out an alternative solution with the supplier
- Keep detailed records and prepare and submit necessary reports
- Maintain professional relationships with all key suppliers
- Attend various conferences, supplier plants, and vendor interviews to stay informed about changes and advancements in the industry
Bsc. Engineering is preferable.Extensive knowledge of productsStrong communication, negotiation, and persuasion skillsAnalytical and mathematical capabilities to compare prices and quantities and consider vendor contract termsAbility to evaluate market conditions and various suppliersKeen eye for detailWillingness to make quick and thoughtful decisions on behalf of the businessEffective relationship building skillsBachelor’s degree in business, accounting, supply chain management, or a related field8+ years of experience in a purchasing roleCertification is preferred, but not required