Job Description

Job Description

• Analyze vendor proposals, negotiate and close contracts and provides recommendations to management.
• Ensure sourcing requirements are fully reflected in the purchase order and proper implementation of contracts.
• Practices Just In Time stock management and reduction in lead times.
• Develop and implement inventory strategy to support production requirements consistent with inventory guidelines.
• Purchases items that may require some assessment of quality and/or compatibility.
• Observe/identify purchasing possibilities
• Reviews weekly output from internal customers such as Material Requirements Planning for requisitions.
• Maintains accurate master planning data in business systems.
• Participate in designing plans, systems, tracking mechanisms to help implement material requirements efficiently.
• Responsible for operational relations with relevant suppliers and administers ongoing supplier management programs.
• Make medium term forecast of cost price development.
• Attunes purchase orders with manufacturing.
• Advising Product Management and Supply Management in case of stagnation.
• Successfully troubleshoots most supply bottlenecks/ inventory delays independently.
• Market scanning i.e. gain insight with regard to supplier markets, new market developments, etc.
• Market scanning, compare quotations, cost price analyses, negotiating, closing deals, supplier selection.
• Decide inventory strategy to ensure timely and adequate inventory flow.
• May recommend cost saving proposals including make-versus-buy analysis, alternative sourcing and vendor evaluation criteria.
• Gets info from catalogues and personal contacts.
• Participates in coordinating activities with supply management colleagues
• Translate market developments and understand their impact on product flow, pricing and availability.