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Job Summary:
We are seeking an experienced Senior Purchase Officer who will play a key role in sourcing materials, negotiating contracts, and managing supplier relationships to ensure the smooth operation of our manufacturing processes. This position requires strong analytical abilities, negotiation skills, and attention to detail.
Job Responsibilities:
- Develop and implement procurement strategies to meet the company’s purchasing objectives and budgetary constraints.
- Identify and evaluate potential suppliers, conducting market research and supplier assessments to ensure quality, reliability, and cost-effectiveness.
- Negotiate terms and conditions with suppliers, including pricing, delivery schedules, and payment terms, to secure favorable contracts.
- Coordinate with internal stakeholders to determine purchasing requirements and prioritize procurement activities accordingly.
- Prepare and issue purchase orders, ensuring accuracy and compliance with company policies and procedures.
- Monitor supplier performance, addressing any issues or discrepancies in a timely manner to maintain uninterrupted supply chains.
- Forecast demand for materials and components based on production schedules and inventory levels, optimizing inventory management practices.
- Collaborate with cross-functional teams, including production, logistics, and finance, to streamline procurement processes and improve operational efficiency.
- Ensure compliance with regulatory requirements and industry standards related to procurement activities.
- Maintain accurate records of procurement transactions, contracts, and supplier communications for reporting and audit purposes.
Qualification and skills:
- Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
- Proven experience in purchasing roles within the manufacturing industry, with at least 6-8 years’ of relevant experience.
- Strong knowledge of procurement principles, practices, and techniques, with a focus on strategic sourcing and vendor management.
- Excellent negotiation skills, with the ability to drive cost savings and value-added opportunities through effective supplier relationships.
- Proficiency in procurement software and enterprise resource planning (ERP) systems for managing purchasing activities and analyzing procurement data.
- Analytical mindset with the ability to interpret data, identify trends, and make data-driven decisions to optimize procurement processes.
- Effective communication and interpersonal skills, with the ability to collaborate with internal and external stakeholders at all levels of the organization.
- Strong organizational skills and attention to detail, with the ability to manage multiple tasks and priorities in a fast-paced environment.
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