- Represent companies in negotiating contracts and formulating policies with suppliers.
- Develop, lead and execute purchasing strategies.
- Control purchasing department budgets.
- Develop cost reduction strategies and savings plans.
- Develop and implement purchasing and contract management instructions, policies, and procedures.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Craft negotiation strategies and close deals with optimal terms.
- Partner with stakeholders to ensure clear requirements documentation.
- Forecast price and market trends to identify changes of balance in buyer-supplier power.
- Perform cost and scenario analysis, and benchmarking.
- Assess, manage and mitigate risks.
- Seek and partner with reliable vendors and suppliers.
- Determine quantity and timing of deliveries.
- Monitor and forecast upcoming levels of demand.
- Locate vendors of materials, equipment or supplies, and interview them to determine product availability and terms of sales.
- Review purchase order claims and contracts for conformance to company policy.
- Resolve vendor or contractor grievances and claims against suppliers.
- Prepare reports regarding market conditions and merchandise costs.
BS degree in supply chain management, logistics or business administration.10+ years of experience in purchasing management (local and Foreign Purchasing) in manufacturing industries. Excellent communication, negotiation and networking skills.Strong leadership and decision-making capabilitiesExpert in Strategic Sourcing.