- Develop and implement purchasing strategies to optimize cost, quality, and delivery timelines.
- Identify, evaluate, and negotiate with suppliers and vendors for the best commercial terms.
- Manage procurement of raw materials, equipment, services, and other business requirements.
- Compare quotations and prepare cost analysis reports before finalizing purchases.
- Maintain strong relationships with existing vendors and develop current supplier networks.
- Ensure timely availability of materials to avoid production or operational delays.
- Monitor inventory levels and coordinate with warehouse/store teams for stock planning.
- Prepare purchase orders and ensure compliance with company policies and approval processes.
- Track market trends, pricing fluctuations, and alternative sourcing opportunities.
- Ensure purchased materials meet quality standards and specifications.
- Coordinate with finance/accounts teams for invoice verification and payment follow-ups.
- Maintain accurate procurement records, contracts, and vendor documentation.
- Handle supplier performance evaluation and resolve supply-related issues.
- Ensure compliance with legal, safety, and company procurement regulations.
- Work closely with production, operations, and management teams to forecast purchasing needs.
- Achieve cost savings targets without compromising quality or timelines.
- Oversee daily store operations and ensure smooth functioning of the warehouse.
- Verify goods received against purchase orders and delivery challans.
- Supervise store staff and allocate daily operational tasks.