Scope involves all kind of purchases, including commodities, material and inventories, etc.
Job description includes:
Sourcing, negotiating with, and purchasing goods and services for an organization to ensure cost-effectiveness and quality. Key duties involve evaluating suppliers, managing contracts, analyzing supply needs, and overseeing supplier performance while adhering to company policies and regulations. This role is crucial for maintaining smooth supply chain operations.
Core responsibilities
- Sourcing and vendor evaluation: Identify and research potential suppliers to ensure they meet company standards for quality, price, and reliability.
- Negotiation: Negotiate purchasing contracts and agreements to secure the best possible terms for the company.
- Purchasing: Prepare purchase orders, request bids, and process transactions for necessary goods and services.
- Contract management: Manage contracts with external suppliers, track performance, and ensure all agreements are compliant with policies and regulations.
- Cost analysis: Analyze supply needs and look for opportunities to reduce costs without sacrificing quality.
- Supplier relationship management: Maintain strong relationships with suppliers to ensure continued smooth operations and address any issues that arise.
- Compliance and administration: Ensure all procurement activities comply with company policies, legal requirements, and ethical standards.
- Planning: Make timely and accurate planning of purchases based on production planning to secure sustainable and cost effective provision of commodities and materials for the entity.