- Source, evaluate, and select suppliers based on price, quality, and delivery speed.
- Negotiate contracts, terms, and pricing agreements with vendors and suppliers.
- Issue purchase orders and monitor the procurement process to ensure timely delivery.
- Coordinate with internal departments to understand material and service requirements.
- Maintain accurate records of purchases, pricing, and other key procurement data.
- Monitor supplier performance and resolve issues regarding defective goods or late deliveries.
- Ensure compliance with company procurement policies and procedures.
- Analyze market trends to identify opportunities for cost savings and supply chain improvements.
- Assist in preparing procurement reports and cost analysis for management.
- Build and maintain strong relationships with key suppliers and vendors.