- Vendor Management:
- Identify, evaluate, and select reliable vendors, suppliers, and service providers.
- Negotiate contracts, terms, and pricing agreements to secure favorable terms for the agency.
- Maintain and manage relationships with existing and potential suppliers.
- Sourcing and Procurement:
- Collaborate with finance and Account management teams to develop and manage procurement budgets.
- Monitor and control procurement expenses to ensure alignment with budgetary constraints.
- Source and procure materials, equipment, and services required for advertising campaigns, events, and marketing initiatives.
- Conduct market research to identify cost-effective and high-quality options.
- Quality Assurance:
- Ensure that all procured materials and services meet quality and performance standards.
- Implement quality control measures and vendor assessments.
- Supply Chain Optimization:
- Streamline procurement processes to improve efficiency and reduce lead times.
- Manage inventory levels to minimize waste and cost.
- Compliance and Risk Management:
- Ensure procurement practices comply with relevant laws and regulations.
- Draft, review, and execute procurement contracts and agreements.
- Reporting and Documentation:
- Maintain accurate records of procurement transactions, contracts, and vendor information.
- Prepare regular reports on procurement activities and cost savings.
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