Develop strategies to make sure that cost savings and supplier performance targets are met.
Negotiating with the suppliers to obtain the best possible quality at the best possible price.
Inspect each item before signing the receipt and also monitor the initial packing of the items before departure from the warehouse.
Supervising key performance indicators and generating achievement reports such that supplier agreements are followed.
Sourcing & Vendor Management: Identify and evaluate potential suppliers based on price, quality, reliability, and delivery timelines.
Build and maintain strong relationships with key suppliers.
Conduct market research and analyze industry trends to identify potential cost-saving opportunities.
Procurement Planning & Execution: Collaborate with project teams (engineers, project managers, etc.) to understand project requirements and develop procurement plans.
Prepare and issue Request for Quotations (RFQs), Requests for Proposals (RFPs), and purchase orders.
Negotiate contracts with suppliers, ensuring favorable terms and conditions.
Track and monitor purchase orders, ensuring timely delivery and resolving any potential issues.
Quality Control & Risk Management: Conduct quality checks on received goods to ensure they meet project specifications.
Identify and mitigate potential risks associated with procurement activities.
Implement and maintain effective procurement processes and controls.
Reporting & Analysis: Maintain accurate records of all procurement activities, including purchase orders, invoices, and supplier performance data.
Prepare reports on procurement costs, supplier performance, and key performance indicators (KPIs).
Continuously analyze procurement data to identify areas for improvement and cost optimization.
