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Job Description
- Identify and source new suppliers and vendors.
- Forecast levels of demand for services and products.
- Manage vendor and supplier selection process based on price, quality, support, capacity and reliability.
- Work with relevant departments to manage inventory requirements
- Build and maintain good relationships with new and existing suppliers.
- Establish and update an approved vendor/supplier database.
- Negotiate and agree contracts, monitoring the quality of service provided.
- Process invoices and payments.
- Develop strategies to make sure that cost savings and supplier performance targets are met and/or exceeded.
- Undertake value for money reviews of existing contracts and arrangements.
- Forecast price trends and their impact on future activities.
- Keep a constant check on stock levels.
- Give presentations about market analysis and possible growth.
- Produce reports and statistics on spending and saving.
- Evaluate bids and make recommendations, based on commercial and technical factors.
- Troubleshoot cost, quality and delivery concerns.
- Ensure suppliers are aware of business objectives.
- Attend meetings and trade conferences.
- Train and supervise the work of other members of staff.
- Direct continuous improvement of purchasing processes in line with changing organizational needs and market conditions.
Job Requirements
- Proven working experience as Purchasing Manager, Agent or Officer
- Familiarity with sourcing and vendor management
- Interest in market dynamics along with business sense
- A knack for negotiation and networking
- Working experience of vendor management software
- Ability to gather and analyse data and to work with figures
- Solid judgement along with decision making skills
- Strong leadership capabilities
- BS degree in supply chain management, logistics or business administration
