Job Description
Key Responsibilities
- Lead and manage the daily operations of the purchasing department.
- Supervise purchasing staff and ensure efficient execution of departmental activities.
- Develop and implement plans for purchasing equipment, supplies, and services in alignment with company needs.
- Establish purchasing timelines and ensure timely procurement.
- Enforce and adhere to the company's procurement policies, procedures, and standards.
- Ensure compliance with relevant regulations and industry best practices.
- Review, compare, analyze, and approve products and services to ensure quality, value, and suitability.
- Approve purchase orders based on the criteria of cost-effectiveness and quality standards.
- Monitor inventory levels and maintain accurate records of purchases, pricing, and stock levels.
- Coordinate with other departments to ensure inventory requirements are met.
- Build and maintain strong relationships with suppliers to ensure optimal terms and quality service.
- Evaluate and update supplier information (qualifications, delivery times, product ranges, etc.) regularly.
- Research and assess potential suppliers to ensure the company is working with the most reliable and cost-effective partners.
- Negotiate terms and contracts with suppliers to secure favorable pricing, delivery terms, and conditions.
- Monitor contract performance and address any issues that may arise during the contract lifecycle.
- Prepare and manage departmental budgets, ensuring procurement activities stay within financial constraints.
Procurement Officer Requirements
- Degree in Accounting, Business Management or a similar field preferred.
- 2+ years of experience as a procurement officer or in a similar position.
- Proficiency in Microsoft Office and purchasing software.
- Strong communication and negotiation skills.
- Good analytical and strategic thinking skills.
- Supervisory and management experience.
- Attention to detail.