Negotiate and finalize contracts with suppliers to secure the best pricing and terms while ensuring quality standards are met.
Conduct market research and analysis to identify potential suppliers and evaluate their capabilities and reliability.
Manage the procurement process from requisition to delivery, ensuring timely and cost-effective acquisition of goods and services.
Develop and maintain strong relationships with key suppliers to foster collaboration and enhance supply chain efficiency.
Monitor inventory levels and forecast demand to prevent overstocking or stockouts, optimizing inventory turnover.
Analyze purchase orders and contracts to identify cost-saving opportunities and recommend improvements to purchasing strategies.
Collaborate with internal departments, such as finance and logistics, to align procurement activities with overall business objectives.
Prepare and present reports on purchasing activity, supplier performance, and market trends to senior management.
Stay updated with industry trends and innovations to continuously improve procurement processes and practices.

ملخص الوظيفة

Purchase Officer