Role & responsibilities
Propose improvements to the current purchasing system that will improve vendor relationships and lower the cost of doing business.
Collaborate with inventory control and sales to develop metrics for gauging inventory level needs and then maintaining those levels throughout the year.
Take the lead in creating profitable ways to manage obsolete and slow-moving stock to help offset losses.
Manage the companys day-to-day purchasing activities and ensure that all purchasing agents are meeting their personal performance standards.
Conduct research to ascertain the best materials and suppliers in terms of best value, delivery schedules and quality.
Visit existing suppliers and build and maintain good relationships with them.
Create a database of all the suppliers.
Prepare and negotiate the best rate contract for material and check its progress.
Check the quality of material provided.
Forecast the material requirement to meet the business needs.
Keep a constant check on stock levels to maximize business efficiency.
Liaise between suppliers, manufacturers,
relevant internal departments and customers.
Forecast price trends and their impact on future activities.
Develop an organizations purchasing strategy.
Produce reports and statistics using computer software.
Attend meetings and trade conferences.
Update the regular MIS and generate the monthly progress reports.
Perform other duties as per the requirement of the organization. Advance Planning, Quantity estimating, Rate analysis, Bill checking, Cost analysis, Progress monitoring, reconciliation for material Labor Cash Flow.
Responsibilities may be reviewed / added as per the business requirements.
Preferred candidate profile
Solid knowledge of supply chain management.
Proven history of developing effective inventory management policies.
Should have a stable career.
Excellent follow through.
Solid visionary with entrepreneurial mindset.
Analytical abilities and problem-solving skills.
Must be a skilled of unquestionable integrity, credibility and character.