Purchasing Specialist

Electronic & Electrical ...

Responsibilities:

• Research and identify potential new suppliers to expand our vendor network.
• Evaluate new suppliers based on their capabilities, reliability, and alignment with organizational goals.
• Collaborate with cross-functional teams to understand material requirements and maintain optimal stock levels to plan forecast demand.
• Issue purchases orders as requested ensuring speed time delivery of the required quantities Negotiate contracts, agreements, and pricing with suppliers.
• Prioritize urgent orders and ensure timely processing on weekly bases.
• Prepare price comparisons to ensure compliance with the agreed-upon contract price.
• Ensure that all orders adhere to supplier agreements and contracts.
• Build relationships with suppliers.
• Track orders, and confirm delivery dates and costs
• Review components stock and shortage reports and take the necessary action.
• Collaborate with the quality control team to ensure the purchased materials meet all necessary quality metrics.
• Check the goods/parts upon arrival and contact the supplier in case of the presence of any discrepancies.
• Receive invoices from suppliers and verify them against PO and delivery receipts.
• Review and assign the suppliers payments regarding the purchasing regulations procedure Fulfill additional tasks as per job needs.
• Act as the point of contact for handling returns of non-compliant or defective items.
• Prepare purchasing reports, including spending trends and cost-saving opportunities