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