· Review and analyze all existing vendors, suppliers, pricing and costs, so as to ensure cost effectiveness.
· To continually source for new vendor/supplier options (e.g. raw materials, equipment, supplies, etc.), to review and determine product suitability and negotiate purchase price.
· To coordinate sample product demonstration, and facilitate approval process of new products.
· Manage purchase cycle and order quantities of all items, to ensure proper management and control of inventory.
· To monitor and provide action plans to reduce inventory of expiring or discontinued items.
· To work closely with internal stakeholders and vendors to determine the product requirements and specifications required.
· Develop and implement purchasing and contract management SOPs, and to ensure adherence to the SOP guidelines.
· To review current system and to implement automation of purchasing and ordering processes.
· Maintain and update vendor and contract database and to ensure proper documentation of all purchasing and procurement documents.
Others
· Assist in ad-hoc projects as and when assigned.
· Any other appropriate duties and responsibilities as assigned.
