Purchase Officer
Purchase Officer
Posted on :
20-12-2024
Employer Active
1 Vacancy
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Job Description
Overview
The Purchase Officer plays a crucial role in managing the procurement process within the organization ensuring that all purchasing activities align with the companys goals and budget. This position requires strong negotiation and analytical skills to acquire highquality goods and services at competitive prices. The Purchase Officer is responsible for establishing and maintaining relationships with suppliers conducting market research and analyzing trends to make informed purchasing decisions. By effectively managing supplier contracts monitoring inventory levels and optimizing procurement processes the Purchase Officer contributes significantly to operational efficiency and cost savings. This role is vital for sustaining the organizations supply chain and ensuring that necessary resources are available to support our operational needs.
Key Responsibilities
- Conduct market research to identify potential suppliers and evaluate pricing trends.
- Negotiate contracts and terms with suppliers to secure the best prices and delivery conditions.
- Manage the procurement process from requisition through to receipt of goods.
- Maintain strong relationships with vendors to ensure timely delivery and quality service.
- Monitor inventory levels and schedule purchases to avoid shortages and excess stock.
- Assist in budget preparation and monitoring of procurement expenditures against budget limits.
- Analyze supplier performance and conduct audits as necessary.
- Coordinate with various departments to understand their purchasing needs.
- Prepare regular reports on purchasing activities trends and supplier performance.
- Stay informed regarding market changes pricing trends and new products.
- Ensure compliance with company policies and procedures regarding procurement.
- Assist in resolving any issues related to procurement or delivery of goods.
- Implement costsaving strategies in the purchasing process.
- Contribute to the continuous improvement of procurement processes.
- Participate in supplier evaluations and assessments as necessary.
Required Qualifications
- Bachelor s degree in Business Administration Supply Chain Management or a related field.
- Proven experience as a Purchase Officer or similar role in procurement.
- Strong negotiation and contract management skills.
- Excellent analytical and problemsolving abilities.
- Solid understanding of supply chain management principles.
- Proficiency in using procurement software and Microsoft Office Suite.
- Strong organizational and time management skills.
- Ability to work independently and as part of a team.
- Excellent verbal and written communication skills.
- Familiarity with industry regulations and standards.
- Experience in vendor management and assessment.
- Ability to analyze data and make datadriven decisions.
- Attention to detail and accuracy in procurement activities.
- Adaptability to fastpaced and changing environments.
- Knowledge of inventory management principles.
- Strong interpersonal skills and ability to foster good relationships.
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Employment Type
Full Time
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