Overview
Procurement Management:
Source and procure materials, equipment, and services as per the organization’s requirements and quality standards.
Vendor Management:
Identify, evaluate, and manage vendors to ensure high-quality supplies and services. Build long-term supplier relationships and resolve issues related to delivery, quality, or payment.
Price Negotiation:
Negotiate pricing, terms, and conditions with vendors to obtain the best value for the company.
Order Processing:
Issue purchase orders, track orders, and ensure timely delivery of materials. Coordinate with internal departments to determine procurement needs.
Inventory Coordination:
Collaborate with the inventory team to maintain optimal stock levels and prevent overstocking or stockouts.
Documentation & Compliance:
Maintain accurate records of purchases, pricing, and other important data. Ensure compliance with company policies and procurement procedures.
Market Research:
Monitor market trends, analyses prices, and assess risks to make informed procurement decisions.
Cost Reduction:
Continuously explore and implement cost-saving opportunities in procurement without compromising on quality.