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Purchase Specialist

7.00 to 12.00 Years   Kuwait   03 Mar, 2022
Job LocationKuwait
EducationBachelors degree / higher diploma
SalaryNot Mentioned
IndustryManufacturing
Functional AreaNot Mentioned

Job Description

Conduct market research for suitable suppliers and vendors to keep up with emerging trends and business opportunities. Identify and research potential new suppliers with suitable price for company goods and services which is up to the company standards in terms quality and quantity. Compare and evaluate offers from suppliers and negotiable contract terms of agreement and pricing. Establishing professional relationships with vendors and suppliers. Reviewing new & existing contracts with suppliers and vendors to ensure on-going feasibility and inform on higher management if any change may be required for the benefit of the company. Develop & Execute strategies for purchasing, procuring, storing and shipping goods or services and maintaining stock levels. Develop & Implement procurement strategies that are inventive and cost-effective. Assess the total costs of required company purchases and budget the costing accordingly. Prepare purchase orders & get management approvals. Ensuring prompt delivery of goods and services and packaged items delivered to the correct location in a timely manner. Performing inventory inspections Monitor inventory levels to re-order items as per the requirements. Updating and maintaining records of all orders, payments and received stock. Coordinate with warehouse store to ensure proper storage. Prepare reports on purchases, budgets, cost analyses, and reports including stock analysis.

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