Developing and implementing purchasing strategies and policies to ensure cost-effective procurement of goods and services.
Conducting market research to identify potential suppliers and evaluating their capabilities and pricing.
Negotiating contracts and terms with suppliers to secure favorable pricing and terms.
Collaborating with internal stakeholders to understand their procurement needs and requirements.
Managing supplier relationships and monitoring their performance to ensure timely delivery and quality.
Keeping up-to-date with industry trends and best practices in purchasing and supply chain management.
Managing inventory levels to minimize excess stock and optimize working capital.
Collaborating with cross-functional teams to support new product development and manage the procurement of materials and components.
Ensuring compliance with legal and regulatory requirements related to purchasing and procurement.
Reviewing and analyzing purchasing data to identify cost-saving opportunities and improve procurement processes.
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