Job Responsibilities:
Propose improvements to the current purchasing system to enhance vendor relationships and reduce costs.
Build an effective category sourcing structure.
Develop sourcing strategies for key raw materials and forecast supply constraints.
Manage day-to-day purchasing activities and ensure performance standards are met.
Develop multiple vendors for operational flexibility and cost management.
Convert repeated purchases into rate contracts for better pricing.
Implement cost reduction programs periodically.
Identify innovation opportunities using current technologies.
Optimize the supplier's portfolio in line with procurement strategies.
Negotiate supplier agreements.
Lead supplier performance management regarding quality and service.
Collaborate with inventory control and sales to maintain inventory levels.