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- Supplier Management: Identify, evaluate, and select reliable vendors; build solid relationships and resolve issues.
- Procurement & Sourcing: Research market trends, source materials/services, and compare offers to find best value.
- Negotiation: Secure favorable terms, pricing, and contracts with suppliers.
- Inventory Control: Monitor stock levels, forecast needs, and place orders to prevent stockouts or overstocking.
- Order & Delivery Management: Process purchase orders (POs), track shipments, and ensure timely delivery.
- Quality Assurance: Verify purchased items meet required quality standards and specifications.
- Record Keeping & Reporting: Maintain accurate purchase records, invoices, and generate cost analysis reports.
- Collaboration: Work with internal teams (production, finance) to understand needs and streamline processes.