Strategic Buyer 31M26

Strategic Buyers are pivotal players in the supply chain network of an organization, tasked with a crucial role in ensuring that the procurement process aligns with the company’s strategic goals. Positioned in a dynamic work environment, the Strategic Buyer is responsible for crafting purchase strategies that improve cost efficiency without compromising on quality or delivery timings. This position demands an individual with robust analytical skills and negotiation prowess to manage supplier relationships as well as mitigate risks in supply and demand. They report directly to the Procurement Manager and collaborate closely with teams from various departments to achieve alignment on procurement strategies and supplier performance improvements.

Responsibilities

• Develop and implement strategic sourcing strategies to achieve cost-saving objectives.
• Identify and evaluate potential suppliers to suit company procurement strategy needs.
• Negotiate contracts with suppliers to secure advantageous terms for the company.
• Monitor market trends and apply this knowledge to make conducive buying decisions.
• Establish and sustain long-term supplier relationships to ensure consistent quality and pricing.
• Collaborate with internal departments to forecast demand and manage optimal inventory levels.
• Use data analytics to drive continuous improvement in procurement processes and strategies.
• Manage supplier performance and initiate corrective actions to resolve any issues.
• Develop and maintain procurement documents, including purchase orders and supplier agreements.
• Maintain open lines of communication with suppliers to mitigate risks and explore opportunities.
• Ensure compliance with company policies, local laws, and industry guidelines in procurement activities.
• Participate in cross-functional team initiatives to drive innovation and operational efficiencies.

Requirements

• Bachelor's degree in supply chain management, business administration, or a related field.
• Minimum of 3-5 years of experience in procurement, with a strategic focus.
• Proven experience in supplier negotiation and relationship management strategies.
• Exceptional analytical and decision-making skills, with a results-oriented mindset.
• Strong communication and interpersonal skills to work with cross-functional teams.
• Proficiency in procurement software and tools, with MS Office Suite expertise.
• Ability to adapt to changing market conditions and business needs with flexibility.