Management Trainee
3 days ago
Key Responsibilities
- Sourcing & Vendor Management: Identify and evaluate potential suppliers, conduct market research, and maintain a database of approved vendors. Build and maintain strong, collaborative relationships with key suppliers.
- Negotiation & Contracting: Lead the negotiation of contracts, pricing, and terms with suppliers to achieve favorable outcomes for the company. Ensure all contracts comply with legal and company standards.
- Purchase Order Management: Create and manage purchase orders, track their status, and ensure timely delivery of goods and services.
- Strategic Planning: Develop and implement procurement strategies that align with company goals, focusing on cost reduction, quality improvement, and efficiency.
- Data Analysis & Reporting: Analyze purchasing data and market trends to identify opportunities for improvement. Prepare regular reports on procurement activities, savings, and performance metrics.
- Stakeholder Collaboration: Work closely with internal departments, such as finance, operations, and legal, to understand their procurement needs and ensure a smooth purchasing process.
- Compliance & Risk Management: Ensure all procurement activities adhere to company policies and ethical guidelines. Identify and mitigate risks related to supply chain disruptions and vendor performance.
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