Key Responsibilities
Identify and evaluate potential suppliers and vendors.
Obtain quotations and compare prices, specifications, and delivery schedules.
Negotiate pricing, payment terms, and contracts with suppliers.
Prepare and process purchase orders in accordance with company policies.
Monitor inventory levels and coordinate procurement activities to avoid stock shortages.
Follow up with suppliers to ensure timely delivery of materials and services.
Maintain accurate purchasing records, vendor databases, and procurement documentation.
Coordinate with stores, production, finance, and other departments regarding procurement requirements.
Verify received materials against purchase orders and specifications.
Resolve supplier-related issues, including quality concerns, delivery delays, and invoice discrepancies.
Conduct market research to identify cost-saving opportunities and alternative sources of supply.
Ensure compliance with company procurement procedures and applicable regulations.