- 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 vendors and contract database and to ensure proper documentation of all purchasing and procurement documents.
- Assist in ad-hoc projects as and when assigned.
- Any other duties and responsibilities as assigned.
x
