bayt.com
Job Description
Develop, lead and execute purchasing strategies.
Track and report key functional metrics to reduce expenses and improve effectiveness.
Craft negotiation strategies and close deals with optimal terms.
Partner with stakeholders to ensure clear requirements documentation.
Forecast price and market trends to identify changes of balance in buyer-supplier power.
Assess, manage and mitigate risks.
Seek and partner with reliable vendors and suppliers
Determine quantity and timing of deliveries
Monitor and forecast upcoming levels of demand
Negotiate prices and contracts with suppliers.
Select prospective vendors and negotiates contracts.
Evaluate vendors based on quality, timeliness, and price.
Schedule deliveries and ensures timely fulfillment of orders.
Research and evaluate vendors to compare pricing and services.
Manage supplier relations and negotiating contracts, prices, timelines, etc.
Maintain the supplier database, purchase records, and related documentation.
Coordinate with inventory control to determine and manage inventory needs.
Ensure all procured items meet the required quality standards and specifications. Addresses problems when they arise
Prepare cost estimates and managing budgets.
Working to improve purchasing systems and processes.
Skills
Requirements
Degree in business administration or a related field.
At least 3 years of experience as a purchasing/procurement manager or in a similar position.
Deep knowledge of inventory and supply chain management.
Supervisory and management experience.
Computer Literacy.
Excellent communication skills, both written and verbal.
Strong critical thinking and negotiation skills.
Strong planning and organizational skills.
Ability to work independently.