Purchase Officer (225-729)

The Purchase Officer plays a crucial role in ensuring the organization's purchasing needs are met with efficiency, accuracy, and cost-effectiveness. This position involves an array of tasks from sourcing and procuring goods and services to liaising with suppliers and ensuring timely delivery of materials. The Purchase Officer is responsible for handling procurement processes and tracking orders to ensure seamless operation of supply chain activities. This role demands exceptional negotiation skills, attention to detail, and the ability to build strong vendor relationships. The successful candidate will be a proactive and strategic thinker who ensures the company receives the best value from its approved budget. Moreover, keeping abreast with market trends and innovations is essential for making informed purchasing decisions.

Responsibilities

• Coordinate the purchasing and procurement processes to meet organizational objectives efficiently.
• Negotiate contracts, terms, and pricing agreements with suppliers and vendors.
• Identify potential suppliers and conduct vendor assessments to ensure quality standards.
• Develop, analyze, and execute purchasing strategies to optimize costs and resources.
• Manage supplier relationships to ensure continuous improvements and service excellence.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Ensure timely procurement and delivery of resources to avoid any operational delays.
• Conduct market research to stay updated with industry trends and potential savings.
• Monitor stock levels and place orders as necessary to avoid shortages or overstocking.
• Resolve issues with invoices or delivery discrepancies in collaboration with accounting.
• Maintain records of purchase accounts, documentation, and pricing information accurately.
• Collaborate with internal departments to ensure alignment with purchasing requirements.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Proven experience as a Purchase Officer or in a similar procurement role.
• Strong negotiation skills with a track record of reducing costs and improving terms.
• Excellent communication and interpersonal skills for supplier and team collaboration.
• Proficient in using procurement software and other relevant technology platforms.
• Strong analytical skills to assess supplier data and market conditions effectively.
• Ability to work under pressure and manage multiple priorities simultaneously.