The Purchasing Officer plays a crucial role in the retail and wholesale industry, particularly in sales outsourcing. This position is responsible for managing the procurement process, ensuring that the company acquires the necessary goods and services at the best possible prices. The ideal candidate will have a keen eye for detail, strong negotiation skills, and the ability to build relationships with suppliers. The Purchasing Officer will work closely with various departments to understand their needs and ensure that purchasing aligns with the company's overall strategy. This role is essential for maintaining inventory levels, optimizing costs, and supporting the company's growth objectives.
Priority For Immediate Joiners
Responsibilities:
- Manage the procurement process from requisition to purchase order.
- Negotiate contracts and agreements with suppliers to secure favorable terms.
- Conduct market research to identify potential suppliers and evaluate their offerings.
- Monitor inventory levels and coordinate with departments to ensure timely replenishment.
- Prepare and maintain accurate records of purchases, pricing, and supplier performance.
- Collaborate with the finance team to ensure timely payments to suppliers.
- Analyze purchasing data to identify trends and opportunities for cost savings.
- Ensure compliance with company policies and procedures related to procurement.
- Participate in supplier evaluations and audits to ensure quality standards are met.
- Assist in developing and implementing purchasing strategies to enhance operational efficiency.
Preferred Candidate:
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Proficient in procurement software and Microsoft Office Suite.
- Ability to work independently and as part of a team.
- Detail-oriented with strong organizational skills.
- Knowledge of supply chain management principles.
- Ability to manage multiple tasks and meet deadlines.
- Adaptability to changing market conditions.
- Proven negotiation skills with a track record of successful supplier relationships.
- Commitment to continuous improvement and professional development.
Skills
- Strong negotiation and communication skills.
- Proficiency in procurement software and tools.
- Analytical skills for data analysis and decision-making.
- Knowledge of inventory management practices.
- Ability to build and maintain supplier relationships.
- Familiarity with market research techniques.
- Attention to detail and organizational skills.
- Understanding of financial principles related to purchasing.