Purchasing Officer

Talentmate

A Purchasing Officer plays a crucial role in the procurement and supply chain operations of an organization. This position is responsible for managing and coordinating purchasing activities, ensuring that the company acquires necessary goods and services in a cost-effective and timely manner. A Purchasing Officer proactively liaises with suppliers, negotiates contracts, and evaluates product quality and delivery performance. They must be adept at market analysis to identify trends and optimize procurement processes. The role is integral to maintaining product quality, cost efficiency, and sustainability practices within the organization. Their strategic thinking and meticulous attention to detail help balance the needs of the company with available budget and inventory levels.

Responsibilities

• Develop and implement effective purchasing strategies to meet company objectives.
• Negotiate contracts with suppliers to secure favorable terms and pricing.
• Monitor supplier performance, ensuring adherence to delivery schedules and standards.
• Evaluate suppliers based on price, quality, and delivery criteria to ensure optimal choices.
• Coordinate with internal departments to forecast demand and determine procurement needs.
• Prepare and process purchase orders in compliance with company policies and procedures.
• Conduct market research to stay informed about trends and pricing fluctuations.
• Identify and implement cost-saving measures to enhance procurement efficiency.
• Maintain accurate records of purchases, pricing, and other important data.
• Resolve any issues or discrepancies arising during procurement activities.
• Ensure compliance with legal and regulatory requirements in all procurement operations.
• Provide reports and presentations to management on purchasing activities and performance.

Requirements

• Bachelor s degree in Business Administration, Supply Chain Management, or related field.
• Proven experience as a Purchasing Officer or in a similar procurement role.
• Strong analytical skills to evaluate suppliers and negotiate effectively.
• Excellent communication and interpersonal skills to liaise with stakeholders.
• Proficiency in using procurement software and Microsoft Office Suite.
• Familiarity with sourcing and vendor management in a competitive environment.
• Ability to handle multiple projects and meet tight deadlines efficiently.