Job Summary
A buyer's job typically involves a range of responsibilities related to purchasing goods and services for a company or organization.
Roles and Responsibilities:
- Responsible for the procurement management of part of materials and projects.
- Responsible for timely arrival and qualification of the purchased materials
- Responsible for the preparation, implementation and summary of the monthly procurement plan
- Responsible for the market research of the purchased materials and form an analysis report.
- Procurement: Identify purchasing needs and requirements. Source, select and negotiate with suppliers to obtain the best terms and prices. Manage procurement processes efficiently.
- Supplier Management: Build and maintain relationships with suppliers. Evaluate supplier performance and negotiate contracts. Monitor supplier compliance with agreements and quality standards.
- Inventory Management: Maintain optimal inventory levels while minimizing excess or obsolete stock. Coordinate with inventory control teams to ensure accurate stock levels.
- Market Analysis: Stay updated on market trends, pricing and new products. Analyze market conditions and make recommendations to optimize purchasing strategies.
- Budgeting and Cost Control: Develop and manage budgets for procurement activities. Identify opportunities for cost savings and implement cost-effective measures.
- Documentation and Reporting: Prepare purchase orders and related documentation. Generate reports on procurement activities, cost savings and vendor performance.
Education and Requirements:
- Bachelor's Degree in Business Administration, Supply Chain Management or related field. (Some positions might require specific certifications)
- Proven experience in procurement, sourcing or related roles. Familiarity with purchasing software/tools is often preferred.
- Strong negotiation and communication skills are crucial to successfully interact with suppliers and secure favorable terms.
- Ability to analyze market trends, pricing data and supplier performance to make informed purchasing decisions.
- Excellent organizational abilities to manage multiple tasks, prioritize effectively, and meet deadlines
- Accuracy in documentation, order placement and contract management is essential
- Capability to adapt to changing business needs and market conditions.
- Knowledge of relevant regulations, compliance standards and ethical practices in procurement is often required.
- Proficiency in using procurement software and tools (e.g. ERP systems, e-procurement platforms) is advantageous.
*If you haven't heard from us, consider the application unsuccessful or alternatively send your updated CV to recruitment@jelocorp.com