Job Summary:
The Senior Buyer is responsible for managing and overseeing the procurement of goods, materials, and services (Non Production Items) to ensure the organization operates efficiently and cost-effectively. This role involves strategic sourcing, supplier relationship management, and negotiation to optimize the supply chain and achieve business objectives.
Key Responsibilities:
• Develop and implement sourcing strategies that align with organizational goals.
• Identify and evaluate potential suppliers based on quality, cost, and delivery performance.
• Build and maintain strong relationships with key suppliers and stakeholders.
• Negotiate contracts, terms, and pricing agreements to achieve favorable outcomes.
• Monitor supplier performance and resolve any issues related to quality, delivery, or compliance.
• Analyze procurement spend to identify cost-saving opportunities.
• Manage inventory levels to avoid shortages or overstock situations.
• Collaborate with the finance team to ensure budget alignment and timely payments.
• Ensure procurement activities comply with company policies, legal requirements, and ethical standards.
• Identify potential risks in the supply chain and develop mitigation strategies.
• Provide regular updates and reports on procurement activities and performance metrics.
Qualifications:
• Bachelor’s degree in commerce, Business Administration, or a related field.
• from 2-4 years of experience in procurement or supply chain management.
• Strong negotiation and contract management skills.
• Proficient in procurement software and tools (e.g., SAP)
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills to manage stakeholders and suppliers effectively.
Key Competencies:
• Strategic thinking and planning.
• Attention to detail and organizational skills.
• Ability to work under pressure and meet tight deadlines.
• Adaptability to changing business needs and market conditions.