Identify and source products/materials from suppliers
Negotiate pricing, terms, and conditions with suppliers
Maintain relationships with suppliers
Monitor market trends and changes in pricing
Monitor inventory levels and ensure availability of products
Coordinate with warehouse and logistics teams for timely delivery
Analyze inventory data to forecast demand
Analyze and compare supplier pricing
Identify cost-saving opportunities
Monitor and manage budget for purchasing
Evaluate and onboard new suppliers
Conduct supplier audits to ensure quality standards are met
Resolve any issues or conflicts with suppliers
Collaborate with internal teams to understand purchasing needs
Communicate with stakeholders on procurement updates and changes
Monitor and mitigate any potential risks related to purchasing
Develop contingency plans for supply chain disruptions
Collect and analyze data on purchasing activities
Generate reports to track and measure performance
Identify areas for improvement and make data-driven decisions.
Requirements
A bachelor’s degree in international business, Supply Chain Management or a related field with at least 2 years' experience or equivalent work experience that provides exposure to fundamental theories, principles, and concepts.
Strong analytical skills and proficiency in data analysis tools (e.g., Excel, SQL).
In-depth understanding of inventory management principles and practices.
Experience with inventory management software and systems.
Ability to develop and implement inventory optimization strategies.
Strong problem-solving skills and attention to detail.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.