Roles and Responsibilities:-
* Devise and use fruitful sourcing strategies
* Discover profitable suppliers and initiate business and organization partnerships
* Negotiate with external vendors to secure advantageous terms
* Approve the ordering of necessary goods and services
* Finalize purchase details of orders and deliveries
* Examine and test existing contracts
* Track and report key functional metrics to reduce expenses and improve effectiveness
* Collaborate with key persons to ensure clarity of the specifications and expectations of the company
* Foresee alterations in the comparative negotiating ability of suppliers and clients
* Expect unfavorable events through analysis of data and prepare control strategies
* Perform risk management for supply contracts and agreements
* Control spend and build a culture of long-term saving on procurement costs