Develop and implement procurement strategies to meet the company's goals, including cost reduction, quality improvement, and supplier relationship management.
Identify, evaluate, and select suppliers based on factors such as cost, quality, reliability, and supplier performance.
Negotiate favorable terms, conditions, and pricing with suppliers to secure advantageous agreements.
Draft, review, and manage contracts with suppliers to ensure compliance with legal and company requirements.
Monitor and manage inventory levels to prevent overstock or shortages.
Analyze purchasing trends, market conditions, and supplier performance to identify cost-saving opportunities and drive continuous improvement.
Ensure that all purchasing activities comply with company policies, ethical standards, and relevant regulations.
Lead purchasing team, assigning tasks, setting performance targets, and providing training as needed.
Ensure that purchased goods meet the required quality standards.
Prepare reports on procurement performance, cost savings, and supplier performance.
Build and maintain positive relationships with suppliers, addressing any issues or disputes promptly and professionally.