Develop and implement standardized procurement processes to streamline operations from order placement to delivery.
Maintain comprehensive process documentation and continuously seek opportunities for improvement.
Price Monitoring & Cost Control
Proactively monitor market trends and price fluctuations for materials and products.
Collaborate in data gathering and analysis to secure optimal pricing from suppliers.
Generate regular reports on price changes and identify potential cost-saving measures.
Supplier Relationship Management (SRM)
Lead and nurture supplier relationships, particularly for direct material suppliers, through a continuous improvement approach.
Develop, evaluate, and enhance supplier performance metrics.
Contract Management
Contribute to the drafting, review, and management of supplier contracts.
Ensure contracts are current and align with agreed-upon terms and conditions.
Monitor contract compliance and adherence to company procurement policies.
Compliance and Risk Management
Guarantee procurement activities comply with internal policies and external regulations.
Maintain thorough documentation for audits and compliance reviews.
Identify and mitigate procurement-related risks, such as price volatility and supplier reliability issues.
Order Tracking & Reporting
Oversee the creation, tracking, and completion of purchase orders.
Provide regular updates on order status, supplier performance, and potential delays.
Maintain accurate and up-to-date procurement records.
Cross-functional Collaboration
Foster strong collaboration with finance, technical, production, and quality assurance teams to ensure alignment with organizational goals and legal standards.
Job Requirement
Required:
Bachelor’s degree in Business Administration, Supply Chain Management, or a related field
3+ years of procurement experience, with a focus on direct materials
Preferred:
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
Strong negotiation and vendor management skills
Analytical mindset with the ability to conduct cost analysis