Purchasing Strategy: Develop procurement strategies and forecast demand to meet business needs.
Supplier Management: Source, evaluate, and manage suppliers; negotiate contracts and build strong vendor relationships.
Cost Management: Optimize procurement costs while maintaining quality; monitor key cost metrics.
Compliance & Risk: Ensure adherence to company policies and legal standards; manage procurement risks.
Inventory & Logistics: Coordinate with inventory and logistics teams for timely, efficient supply flow.
Quality Assurance: Ensure purchased goods meet quality standards; coordinate inspections.
Team Leadership: Supervise and develop the procurement team.
Budgeting & Reporting: Handle budgets, maintain records, and report procurement performance.
Technology Use: Utilize ERP/procurement tools like SAP or Oracle for process efficiency.
Sustainability & Ethics: Encourage ethical sourcing and sustainable procurement practices.