
Procurement Specialist
3 days ago
The role of a purchasing director is pivotal in various sectors and organisations, responsible for sourcing essential products or services that support business operations. Key considerations include effective cost management, while also taking into account factors such as sustainability, risk assessment, and ethics.
Given the significant portion of revenue spent on purchasing products or services, the purchasing director can have a substantial impact on cost savings and profit margins.
Key Responsibilities- Determine demand levels to meet business requirements, ensuring efficient stock control.
- Conduct research to identify optimal products and suppliers based on value, delivery schedules, and quality.
- Foster relationships with suppliers, manufacturers, internal departments, and customers to ensure seamless communication.
- Identify potential suppliers, visit existing ones, and establish strong partnerships.
- Negotiate contracts, monitor progress, and verify service quality.
- Process payments and invoices, maintaining accurate contract records for future reference.
- Analyse price trends and their impact on future activities.
- Present market analysis and growth opportunities.
- Develop a purchasing strategy aligned with organisational objectives.
- Produce reports and statistics using computer software.
- Evaluate bids, making recommendations based on commercial and technical factors.
- Ensure suppliers understand business goals.
- Attend meetings and industry events to stay informed about sector developments.
- Train and supervise staff members to enhance team performance.
The ideal candidate should possess excellent coordination, active listening, speaking, critical thinking, and persuasion skills. Proficiency in Information Technology and Services is also essential.
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