• Developing sound, cost-effective strategies for the purchasing of materials used in the business
• Maintaining relationships with suppliers while continually scouting for additional vendors
• Evaluating spending operations while seeking ways to improve and enhance the quality of products purchased and the timeliness of deliveries
• Communicating with management regularly regarding the efficient flow of goods and services affecting production
• Conducting cost analyses and setting benchmarks for improvement
• Developing risk management procedures to mitigate losses in the event of product shortages
• Supervising a purchasing team and delegating tasks across departments when necessary
• Working closely with the company legal department to make sure contracts and terms are favorable
