- Key responsibilities:
1. **Develop and implement procurement strategies**: Create and execute plans to ensure cost-effective purchasing of goods and services to meet the company's needs.
2. **Maintain vendor relationships**: Establish and maintain strong relationships with suppliers to leverage negotiations and obtain competitive pricing and terms.
3. **Monitor and analyze market trends**: Stay up-to-date on market conditions and trends to identify opportunities for cost savings and efficiency improvements in procurement processes.
4. **Manage procurement process**: Oversee the entire procurement process from sourcing suppliers to negotiating contracts, placing orders, and ensuring timely delivery of goods and services.
5. **Ensure compliance**: Ensure that all procurement activities adhere to company policies, procedures, and regulatory requirements.
- Required skills and expectations:
1. **Strong negotiation skills**: Ability to negotiate effectively with suppliers to secure favorable terms and pricing.
2. **Excellent communication skills**: Ability to communicate clearly and effectively with vendors, internal stakeholders, and team members.
3. **Analytical skills**: Strong analytical skills to analyze data, market trends, and vendor performance to make informed procurement decisions.
4. **Attention to detail**: Ability to pay close attention to details to ensure accuracy in procurement processes and documentation.
5. **Problem-solving skills**: Ability to identify issues, develop solutions, and make decisions to resolve procurement challenges effectively.