Key Responsibilities
Vendor Management: Identify, evaluate, and select suppliers, maintaining a database of approved vendors.
Negotiation & Contracting: Negotiate contract terms, pricing, and payment terms to maximize cost savings.
Purchasing Operations: Process purchase orders (POs), track deliveries, and resolve discrepancies in invoices or shipments.
Inventory Control: Monitor inventory levels and demand to ensure timely replenishment.
Compliance & Reporting: Ensure all purchases comply with company policies and legal regulations.
Market Analysis: Research market trends to inform purchasing decisions and find alternative suppliers