1. Source and evaluate suppliers, vendors and service providers to ensure the best quality and pricing.
2. Prepare and issue purchase orders, contracts and agreements.
3. Conduct market research to identify trends and potential suppliers.
4. Negotiate terms and conditions with suppliers, including pricing, delivery schedules, and payment terms.
5. Develop and maintain strong relationships with existing and potential suppliers.
6. Monitor inventory levels to avoid shortages or excess stock.
7. Coordinate with warehouse and logistics teams for timely delivery and storage.
8. Ensure all procurement activities comply with company policies and legal requirements.
9. Maintain accurate records of purchases, contracts and supplier performance.
10. Identify opportunities for cost savings and process improvements in procurement.
11. Monitor budgets and forecast procurement needs.
12. Conduct performance reviews of suppliers to ensure adherence to quality and delivery standards.
13. Handle supplier disputes and resolve issues effectively.
14. Prepare regular procurement reports including spend analysis and supplier performance metrics.
15. Provide insights and recommendations to improve the procurement process.
Qualifications and Requirements:
- Education: Diploma in Supply Chain Management, Business Administration, or a related field. Professional certification (e.g., CIPS, CPSM)
- Experience: 2-4 years of experience in procurement, supply chain, or related fields.
Skills:
- Strong negotiation and communication skills.
- Proficiency in procurement software and Microsoft Office Suite.
- Analytical and problem-solving abilities.
- Knowledge of procurement regulations and industry best practices.
- Ability to work under pressure and meet deadlines.
- Excellent organizational and multitasking skills.
- Strong interpersonal skills to collaborate with internal and external stakeholders.