Procurement Officer
6 days ago
Key Responsibilities:
Sourcing and Supplier Management
- Identify and evaluate potential suppliers
- Conduct market research to stay informed about industry trends and pricing
- Negotiate contracts and terms with suppliers
- Manage and maintain positive supplier relationships
Purchase Order Management (for HQ requirement only)
- Create, process, and track purchase orders
- Ensure accuracy of order details and specifications
- Monitor order status and follow up on deliveries
- Resolve any discrepancies or issues with orders
Cost Analysis and Optimization
- Analyze costs and identify savings opportunities
- Implement cost-reduction strategies
- Perform total cost of ownership analyses
- Contribute to budget planning and management
Contract Administration
- Monitor contract performance and compliance
- Manage contract renewals and terminations
- Maintain accurate contract documentation
Compliance and Risk Management
- Ensure adherence to company procurement policies and procedures
- Identify and mitigate procurement-related risks
- Stay informed about relevant regulations and ensure compliance
Reporting and Analytics
- Prepare regular procurement reports for management
- Analyze spending patterns and key performance indicators
- Generate insights to support decision-making
Stakeholder Management
- Collaborate effectively with internal departments
- Communicate clearly with suppliers and internal clients
- Manage expectations and resolve conflicts as needed
Ethics
- Ensure ethical standards are maintained in supplier selection and management
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