Job Summary
- The Purchasing Specialist is responsible for managing the company's supply of products and services.
- The Purchasing Specialist responsibilities include strategizing to find cost-effective deals and suppliers. The Purchasing Specialist's duty is to discover the best ways to cut procurement expenses, so that the company can invest in growth and people.
Duties & Responsibilities
- Devise and use fruitful sourcing strategies.
- Discover profitable suppliers and initiate business and organization partnerships Negotiate with external vendors to secure advantageous terms Approve the ordering of necessary goods and services Finalize purchase details of orders and deliveries Examine and test existing contracts Track and report key functional metrics to reduce expenses and improve effectiveness Collaborate with key persons to ensure clarity of the specifications and expectations of the company Foresee alterations in the comparative negotiating ability of suppliers and clients Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Negotiate with external vendors to secure advantageous terms Approve the ordering of necessary goods and services Finalize purchase details of orders and deliveries Examine and test existing contracts Track and report key functional metrics to reduce expenses and improve effectiveness Collaborate with key persons to ensure clarity of the specifications and expectations of the company Foresee alterations in the comparative negotiating ability of suppliers and clients Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Approve the ordering of necessary goods and services Finalize purchase details of orders and deliveries Examine and test existing contracts Track and report key functional metrics to reduce expenses and improve effectiveness Collaborate with key persons to ensure clarity of the specifications and expectations of the company Foresee alterations in the comparative negotiating ability of suppliers and clients Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Finalize purchase details of orders and deliveries Examine and test existing contracts Track and report key functional metrics to reduce expenses and improve effectiveness Collaborate with key persons to ensure clarity of the specifications and expectations of the company Foresee alterations in the comparative negotiating ability of suppliers and clients Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Examine and test existing contracts Track and report key functional metrics to reduce expenses and improve effectiveness Collaborate with key persons to ensure clarity of the specifications and expectations of the company Foresee alterations in the comparative negotiating ability of suppliers and clients Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Track and report key functional metrics to reduce expenses and improve effectiveness Collaborate with key persons to ensure clarity of the specifications and expectations of the company Foresee alterations in the comparative negotiating ability of suppliers and clients Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Collaborate with key persons to ensure clarity of the specifications and expectations of the company Foresee alterations in the comparative negotiating ability of suppliers and clients Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Foresee alterations in the comparative negotiating ability of suppliers and clients Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Expect unfavorable events through analysis of data and prepare control strategies Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Perform risk management for supply contracts and agreements Control spend and build a culture of long-term saving on procurement costs.
- Control spend and build a culture of long-term saving on procurement costs.
Measurement
The Purchasing Specialist is measured according to the following criteria:
- Completion of PO's
- Correct pricing
- Purchase required products weekly
- Material requisition report updated
- Manage all exceptions
- Cost savings
- Find alternative suppliers
Deliverables
- All PO's closed daily / weekly
- Correct pricing
- Purchase weekly
- Materials requisition report
- Manage all exceptions
- Cost savings
- Alternative suppliers
- Manage vendor relationships
- Follow all Safety & cleanliness policies & procedures