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Job Description
- Discover the most profitable suppliers and initiate business partnershipsNegotiate with external vendors to secure the most advantageous terms
- Approve the ordering of necessary goods and services
- Finalize details of orders and deliveries
- Examine and re-evaluate existing contracts
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Collaborate with key persons to ensure the clarity of the specifications and expectation of the company
- Foresee alterations in the comparative negotiating ability of suppliers and clients
- Anticipate unfavorable events through analysis of data and prepare control strategies
- Perform risk management regarding supply contracts and agreements
- Control spend and build a culture of long-term saving on procurement costs
- Make techno-commercial evaluation and preparation of comparative statements
- Generate POs for services and materials
- Track and expedite of shipment
- Handle delivery and inspection of items
- Keep updated with market developments
- Regularly train on company development programs
- Arrange and participate in meetings between suppliers and Company engineers and other personnel to facilitate standardization and economical procurement
- Negotiate the best payment terms and contract conditions, maintaining high level of integrity
Job Requirements
- Knowledge of sourcing and procurement techniques as well as dexterity in “reading” the market
- Talent in negotiations and networking
- Good knowledge of supplier or third party management software
- Attitude in decision-making and working with numbers
- Experience in collecting and analyzing data
- Strong leadership capabilities
- Up to date with market trends
- Searching for new suppliers
