Job description
Identify, evaluate, and select suppliers based on quality, cost, delivery, and service capabilities. Source quotations, negotiate prices, terms, and contracts with vendors. Prepare and process Purchase Requisitions (PRs) and Purchase Orders (POs). Monitor inventory levels and coordinate procurement activities to avoid stock shortages.
Track order status and ensure timely delivery of goods and services. Maintain accurate procurement records, contracts, and supplier databases. Develop and maintain strong relationships with suppliers and internal stakeholders. Conduct market research to identify new suppliers and cost-saving opportunities. Resolve issues related to supplier performance, delivery delays, and quality concerns.
Ensure procurement activities comply with company policies and regulatory requirements. Assist in budget planning and cost control initiatives. Generate procurement reports and analyze purchasing trends.
Requirements
Bachelor's degree in Supply Chain Management, Business Administration, Commerce, or a related field. 2-5 years of experience in procurement, purchasing, or supply chain operations. Strong negotiation and vendor management skills. Proficiency in Microsoft Excel, ERP systems, and procurement software. Knowledge of procurement processes, sourcing, and contract management.
Excellent communication and interpersonal skills. Strong analytical and problem-solving abilities. Negotiation Skills Cost Optimization Vendor Relationship Management Strategic Sourcing Inventory Planning Analytical Thinking Time Management Team Collaboration