
Chief Procurement Strategist
5 days ago
We are seeking a skilled procurement expert to manage our company's purchasing operations.
- Key Responsibilities:
- Develop and implement strategic procurement plans to optimize cost, quality, and delivery timelines.
- Identify, evaluate, and establish relationships with suppliers to secure the best value for the business.
- Negotiate contracts, pricing, and terms with suppliers to drive cost savings.
- Maintain a supplier database, ensuring continuous assessment of performance and compliance.
- Collaborate with engineering and project teams to understand technical requirements for materials and equipment.
- Ensure purchased materials comply with industry standards, safety regulations, and engineering specifications.
- Conduct market research to identify cost-effective alternatives and innovative materials.
- Monitor procurement budgets and drive cost-saving initiatives without compromising quality.
- Analyze procurement data and supplier performance to identify opportunities for improvement.
- Forecast pricing trends and market fluctuations to mitigate financial risks.
- Coordinate with suppliers and logistics teams to ensure timely delivery of materials.
- Optimize supply chain processes to minimize delays and disruptions.
- Oversee international and domestic shipping, customs regulations, and import/export requirements.
- Ensure compliance with industry standards, legal requirements, and company policies.
- Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.
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