We are seeking a detail-oriented and proactive Procurement Buyer to join our supply chain team. The Procurement Buyer will be responsible for sourcing, negotiating, and purchasing materials, goods, and services required by the organization. This role ensures that procurement activities align with budgetary goals, quality standards, and delivery timelines.
Key Responsibilities:
· Source and evaluate suppliers based on price, quality, service, support, availability, reliability, and selection.
· Issue purchase orders and maintain accurate records of orders and vendor contracts.
· Monitor supplier performance and resolve issues related to delivery, quality, or pricing.
· Collaborate with internal departments (e.g., production, engineering, finance) to forecast demand and ensure timely procurement.
· Analyze market trends to identify opportunities for cost savings and process improvements.
· Negotiate terms and conditions of contracts with vendors to ensure favorable terms.
· Maintain up-to-date knowledge of industry trends, supplier innovations, and material availability.
· Track inventory levels and coordinate with warehouse/operations teams to maintain optimal stock levels.
· Ensure compliance with company policies and procurement regulations.