Duties and ResponsibilitiesIdentify potential suppliers and vendors through market research, supplier evaluations, and networking.Evaluate supplier capabilities, pricing, and quality to select the best suppliers for goods and services.Negotiate contracts, terms, and pricing agreements with suppliers to ensure favorable terms and conditions.Collaborate with internal departments to assess their procurement needs and develop purchase plans.Determine quantity requirements, delivery schedules, and budget constraints for procurement activities.Forecast demand for goods and services to ensure timely availability and optimal inventory levels.Manage the end-to-end procurement process, including requisitioning, sourcing, purchasing, and receiving.Create and issue purchase orders to suppliers, ensuring accuracy and compliance with organizational policies and procedures.Monitor order status, track deliveries, and resolve any discrepancies or delays with suppliers.Supplier Relationship Management:Cultivate and maintain strong relationships with key suppliers and vendors.Address supplier performance issues, resolve disputes, and escalate issues as necessary.Collaborate with suppliers to improve product quality, reduce costs, and optimize supply chain efficiency.Review and negotiate contracts and agreements with suppliers, ensuring compliance with legal and regulatory requirements.Monitor contract performance and adherence to terms and conditions, and enforce contract compliance as needed.Renew contracts, renegotiate terms, and manage contract extensions or terminations as necessary.Monitor procurement expenses and analyze spending trends to identify cost-saving opportunities.Develop and implement cost-control measures to optimize procurement processes and reduce expenses.Prepare budget forecasts and reports on procurement activities for management review.Ensure compliance with procurement policies, procedures, and regulations.Conduct risk assessments of suppliers and vendors to mitigate supply chain risks.Stay abreast of changes in regulations and industry standards, and implement policies and procedures to maintain compliance.Key Requirements Skills, experience and qualificationBachelor's degree in Business Administration, Supply Chain Management, or a related field.5years of experience in procurement, purchasing, or supply chain management roles.Experience in FMCG/Printing/ Suppliers or Packing materials procurement is preferred.Proficiency in procurement software and ERP systems for purchase order management and supplier relationship management.Strong negotiation skills and knowledge of procurement best practices.Excellent analytical and problem-solving skills for assessing supplier capabilities, evaluating bids, and making procurement decisions.Ability to analyze data and financial information to support procurement planning and decision-making.Strong written and verbal communication skills for interacting with internal stakeholders, suppliers, and vendors.Ability to communicate effectively across different levels of the organization and with external partners.Excellent organizational and time management skills to manage multiple procurement projects and deadlines simultaneously.Attention to detail and accuracy in procurement documentation and record-keeping.Strong negotiation skills and the ability to drive favorable terms and pricing agreements with suppliers and vendors.Experience in contract negotiation and supplier relationship management.Ability to identify procurement challenges, develop creative solutions, and resolve issues effectively.Proactive approach to addressing procurement issues and driving process improvements.
