Procurement Expert
2 weeks ago
The Procurement Expert will play a pivotal role in ensuring the efficient sourcing, negotiation, and management of goods and services for Chai Point. The ideal candidate will have experience in procurement processes, vendor management, and supply chain optimization, contributing to cost-effectiveness, quality assurance, and timely delivery to support business operations.
Key Responsibilities:- Sourcing and Procurement:
- IDentify and source quality suppliers and vendors.
- Evaluate suppliers based on price, quality, service, and reliability.
- Manage procurement activities to ensure cost optimization while maintaining product quality and delivery timelines.
- Vendor Management:
- Build and maintain strong relationships with existing and new vendors.
- Negotiate favorable terms, pricing, and contracts with suppliers.
- Monitor supplier performance and ensure compliance with contractual obligations.
- Inventory and Supply Chain Coordination:
- Collaborate with inventory and warehouse teams to maintain optimal stock levels.
- Address supply chain disruptions and mitigate risks.
- Ensure timely delivery of goods to support business needs.
- Documentation and Compliance:
- Prepare purchase orders, agreements, and other procurement-related documents.
- Ensure compliance with company policies, legal requirements, and industry regulations.
- Maintain accurate procurement records and reports.
- Cost Management:
- Analyze procurement spend to identify cost-saving opportunities.
- Develop strategies to optimize procurement costs without compromising quality.
- Cross-Functional Collaboration:
- Work closely with internal teams such as operations, finance, and logistics to align procurement strategies with business objectives.
- Address and resolve any procurement-related issues.
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