Procurement Management:
Source and purchase materials, equipment, and services as per company requirements.
Identify reliable vendors and negotiate contracts.
Vendor Management:
Build and maintain relationships with suppliers.
Evaluate supplier performance based on quality, cost, and delivery.
Negotiation & Cost Control:
Negotiate pricing, payment terms, and contract conditions.
Ensure cost-effective purchasing without compromising quality.
Inventory & Stock Control:
Monitor inventory levels to avoid shortages or overstocking.
Coordinate with warehouse teams for proper stock management.
Compliance & Documentation:
Ensure all purchases comply with company policies and industry regulations.
Maintain proper purchase records, invoices, and contracts.
Market Research:
Stay updated with market trends and new suppliers.
Identify alternative products or suppliers to optimize costs.
Collaboration with Internal Departments:
Work closely with finance, production, and logistics teams.
Understand the requirements of different departments to make effective purchases.