Bayt.com
https://bayt.page.link/Bc6FVrNthavKg5es9
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Job Description

  1. Vendor Management
  • Identify, evaluate, and manage vendors and suppliers to meet quality, cost, and delivery requirements.
  • Build and maintain relationships with key vendors and monitor supplier performance.
  • Conduct regular supplier evaluations to ensure compliance with company standards.
Procurement Process Management
  • Coordinate the procurement process, including preparing purchase orders, monitoring inventory levels, and ensuring timely delivery of goods.
  • Oversee contract negotiations, ensuring cost-effective and favorable terms for the company.
  • Collaborate with the legal team to review terms and conditions in vendor contracts.
Cost Analysis and Budgeting
  • Analyze and assess total costs of company purchases and work to reduce unnecessary expenditures.
  • Assist in preparing procurement budgets and forecasts based on project and operational needs.
  • Perform cost-benefit analysis for different software tools and equipment, considering long-term value.
Compliance and Documentation
  • Ensure procurement activities comply with internal policies, procedures, and external regulations.
  • Maintain detailed records of all procurement transactions and supplier agreements.
  • Prepare and present regular reports on procurement activities, spend, and savings.
Risk Management and Mitigation
  • Identify potential risks in the supply chain and develop strategies to mitigate these risks.
  • Ensure continuity of supply by developing alternative sourcing options for critical items.
Cross-Functional Collaboration
  • Collaborate with IT, finance, legal, and project management teams to identify procurement needs, streamline purchasing, and support operational goals.
  • Engage with stakeholders to understand software and equipment requirements for new projects.
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