Plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services.
Manage all aspects of purchasing to efficiently and cost-effectively support organizational operations.
Main Job Tasks and Responsibilities
• establish and implement purchasing policies, procedures and best practices
• monitor ongoing compliance with purchasing policies and procedures
• direct procurement policies to ensure all items are purchased and delivered within budget and time constraints
• identify and source new suppliers and vendors
• manage vendor and supplier selection process based on price, quality, support, capacity and reliability
• develop and maintain strategic relationships with key suppliers and vendors
• establish and update an approved vendor/supplier database
• develop, negotiate and administer purchasing agreements and contracts with suppliers in support of organizational requirements
• evaluate contracts to ensure compliance with legal requirements and organizational policies
• monitor supplier and vendor compliance with contractual agreements
• measure and manage the vendor and supplier cost, quality and delivery performance
• oversee supplier compliance with internal quality standards and external regulations
• troubleshoot cost, quality and delivery concerns
• manage risk relating to quality, cost, delivery and supply of purchases
• introduce performance improvement measures for suppliers and vendors
• work with relevant departments to manage inventory requirements
• facilitate timely placement of purchase orders
• review purchase orders for proper authorization and compliance with organizational policy and procedures
• develop and manage purchasing budgets and forecasts
• monitor and reduce purchase variances to meet profit objectives
• produce regular reports on purchase commitments, costs and delivery performance
• oversee the operations and daily activities of the purchasing department
• performance manage, develop and motivate purchasing staff
direct continuous improvement of purchasing processes in line with changing organizational needs and market conditions