The Purchasing Officer is responsible for managing the procurement process, ensuring that the organization acquires goods and services at the best possible prices while maintaining quality standards. This role involves vendor management, negotiation, and collaboration with various departments to meet the organization's purchasing needs.
Key Responsibilities:
• Vendor Management: Identify, evaluate, and select suppliers based on quality, price, and delivery capabilities.
• Negotiation: Negotiate contracts and terms with suppliers to secure the best deals for the organization.
• Purchase Orders: Prepare and process purchase orders, ensuring accuracy and compliance with company policies.
• Inventory Management: Monitor inventory levels and forecast future purchasing needs to avoid shortages or overstock situations.
• Market Research: Stay informed about market trends, pricing, and new products to make informed purchasing decisions.
• Collaboration: Work closely with other departments (e.g., finance, operations) to align purchasing strategies with organizational goals.
• Compliance: Ensure all purchases are compliant with legal and regulatory requirements.
• Reporting: Maintain accurate records of purchases and provide regular reports on procurement activities and expenditures.
Qualifications:
• Education: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Experience: Minimum of 3 years experience in procurement or purchasing roles.
• Skills:
• Strong negotiation and communication skills.
• Proficiency in procurement software and Microsoft Office Suite.
• Analytical skills to assess supplier performance and market conditions.
• Ability to work collaboratively in a team environment.