
Description
- Create and implement effective procurement strategies to ensure cost savings and efficiency.
- Analyze market trends and apply this knowledge to make insightful buying decisions.
- Identify, evaluate, and select suppliers based on quality, cost, and reliability.
- Negotiate contracts, terms, and pricing with suppliers.
- Maintain strong relationships with existing suppliers and develop new supplier relationships.
- Oversee the entire procurement process, from requisition to delivery.
- Ensure compliance with company policies and procedures.
- Monitor and manage procurement budgets and expenditures.
- Collaborate with inventory control to manage stock levels and ensure timely replenishment.
- Implement inventory management best practices to minimize waste and reduce costs.
- Identify potential risks in the procurement process and develop mitigation strategies.
- Ensure compliance with legal and regulatory requirements.