Conduct thorough market research to identify potential suppliers and assess their capabilities, ensuring alignment with organizational needs.
Negotiate contracts and terms with vendors, focusing on achieving cost savings while maintaining quality standards essential for business operations.
Evaluate supplier performance on a regular basis, fostering strong relationships to drive continuous improvement and innovation in supply chain processes.
Collaborate with internal stakeholders to forecast demand and plan procurement strategies that effectively meet operational requirements.
Manage the procurement process from requisition to purchase order issuance, ensuring compliance with company policies and regulations.
Analyze procurement data and market trends to inform strategic decisions and enhance the effectiveness of purchasing activities.
Develop and maintain procurement documentation, including contracts, purchase orders, and supplier agreements for reference and audit purposes.
Implement sustainable procurement practices that prioritize ethical sourcing and environmental considerations in vendor selection.
Assist in budget preparation and cost control strategies, contributing to overall financial efficiency and resource management.
Stay updated on industry trends, regulatory changes, and emerging technologies to leverage opportunities for procurement excellence.
