As a Junior Purchaser, you will play a vital role in supporting the procurement process within our organization. Your responsibilities will include assisting senior purchasing staff in sourcing, purchasing, and managing goods and services required by the company. Your primary objective will be to contribute to the timely acquisition of goods and services while ensuring cost-effectiveness and adherence to quality standards. You will work closely with other departments to understand their procurement needs, assist in supplier research and selection, and facilitate the processing of purchase orders. This role offers an excellent opportunity to learn and grow in the field of procurement while making valuable contributions to the organization's operational efficiency.
Key Responsibilities:
Procurement Strategy: Develop and implement procurement strategies aligned with the organization's goals and objectives. Identify opportunities for cost savings and process improvements.
Supplier Management: Build and maintain strong relationships with suppliers and vendors. Negotiate contracts and agreements to secure favorable terms and conditions. Evaluate supplier performance and address any issues or concerns.
Sourcing and Selection: Identify potential suppliers, conduct market research, and evaluate proposals to select the best vendors for the organization's needs. Ensure compliance with company policies and regulations throughout the sourcing process.
Budgeting and Cost Control: Collaborate with finance and budgeting teams to develop procurement budgets and forecasts. Monitor expenses and implement cost-saving initiatives to optimize spending without compromising quality.
Contract Management: Draft, review, and execute contracts, purchase orders, and other procurement documents. Ensure that contracts are accurate, legally binding, and in compliance with relevant regulations.
Inventory Management: Coordinate with inventory and warehouse teams to manage stock levels and ensure adequate supply of materials and goods. Implement inventory control measures to minimize waste and reduce carrying costs.
Risk Management: Identify and mitigate potential risks related to procurement activities, such as supply chain disruptions, price fluctuations, and quality issues. Develop contingency plans to address unforeseen circumstances.
Compliance and Ethics: Ensure compliance with relevant laws, regulations, and industry standards governing procurement activities. Promote ethical behavior and integrity in all procurement transactions.
Requirements:
- Business Administration, Supply Chain Management, or a related field. A degree or equivalent is preferred.
- Prior experience in procurement or supply chain management is desirable but not mandatory.
- Demonstrated interest or internship experience in procurement-related activities will be advantageous.
- Familiarity with the general construction hardware industry is preferred but not required. Candidates with a keen interest in learning about this sector are encouraged to apply.
- Basic negotiation skills with a willingness to develop and improve.
- Strong interpersonal skills to foster relationships with suppliers and stakeholders.
- Developing analytical and problem-solving abilities, with a willingness to learn and grow in this area.
- Basic proficiency in using procurement software and tools, or a willingness to acquire proficiency through training.
