Develop and implement procurement strategies that align with the organization's goals, ensuring cost-effectiveness and efficiency.
Conduct market research to identify potential suppliers and evaluate their capabilities, fostering strong relationships to ensure quality and reliability.
Negotiate contracts and terms with suppliers to secure the best prices and delivery conditions while minimizing risks to the organization.
Monitor and manage supplier performance through regular evaluations, ensuring compliance with contractual obligations and quality standards.
Collaborate with cross-functional teams, including finance and operations, to forecast demand and plan procurement activities accordingly.
Ensure adherence to procurement policies and procedures, maintaining transparency and accountability in all purchasing activities.
Analyze procurement data to identify trends, cost-saving opportunities, and areas for improvement in the supply chain.
Lead the procurement team, providing mentorship and training to enhance their skills and capabilities.
Manage inventory levels effectively, coordinating with suppliers and internal teams to optimize stock availability.
Stay updated on industry trends, regulations, and best practices to drive continuous improvement in procurement processes.
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