1. Develop and implement procurement strategies aligned with the company’s objectives.
2. Identify, evaluate, and select suppliers based on price, quality, and delivery speed.
3. Negotiate contracts, terms, and pricing with suppliers to ensure cost-effectiveness.
4. Maintain and update procurement records, contracts, and supplier information.
5. Monitor inventory levels and purchase goods or services as required.
6. Ensure that all procurement activities comply with legal and company regulations.
7. Establish and maintain strong relationships with key vendors.
8. Work closely with internal departments to determine purchasing needs.
9. Track and report key functional metrics to reduce expenses and improve efficiency.
10. Analyze market trends and supplier performance to mitigate procurement risks.
11. Handle claims and disputes with suppliers in a timely and professional manner.