Job Description
1. Analyze vendor proposals, negotiate and close contracts and provides recommendations to management.
2. Ensure sourcing requirements are fully reflected in the purchase order and proper implementation of contracts.
3. Practices Just In Time stock management and reduction in lead times.
4. Develop and implement inventory strategy to support production requirements consistent with inventory guidelines.
5. Purchases items that may require some assessment of quality and/or compatibility.
6. Observe/identify purchasing possibilities
7. Reviews weekly output from internal customers such as Material Requirements Planning for requisitions.
8. Maintains accurate master planning data in business systems.
9. Participate in designing plans, systems, tracking mechanisms to help implement material requirements efficiently.
10. Responsible for operational relations with relevant suppliers and administers ongoing supplier management programs.
11. Make medium term forecast of cost price development.
12. Attunes purchase orders with manufacturing.
13. Advising Product Management and Supply Management in case of stagnation.
14. Successfully troubleshoots most supply bottlenecks/ inventory delays independently.
15. Market scanning i.e. gain insight with regard to supplier markets, new market developments, etc.
16. Market scanning, compare quotations, cost price analyses, negotiating, closing deals, supplier selection.
17. Decide inventory strategy to ensure timely and adequate inventory flow.
18. May recommend cost saving proposals including make-versus-buy analysis, alternative sourcing and vendor evaluation criteria.
19. Gets info from catalogues and personal contacts.
20. Participates in coordinating activities with supply management colleagues
21. Translate market developments and understand their impact on product flow, pricing and availability.