Purchasing Officer 01J26

The Purchasing Officer is a key member of the procurement team, responsible for acquiring goods and services essential for the organization's operations. This role requires strong negotiation skills, an analytical mindset, and an ability to build relationships with suppliers. The Purchasing Officer will ensure that all purchasing activities are performed effectively to achieve the cost, quality, and time objectives. They will also collaborate closely with various departments to understand their purchasing needs and to align them with the strategic goals of the company. In addition, the Purchasing Officer is expected to maintain accurate records, manage vendor relationships, and stay updated on the latest market trends to make informed purchasing decisions. Success in this role requires a detail-oriented approach and the ability to work under tight deadlines.

Responsibilities

• Develop and implement effective purchasing strategies aligned with organizational goals and objectives.
• Coordinate with internal departments to understand catalog and purchase needs accurately.
• Negotiate contracts with vendors to secure advantageous terms for the organization.
• Review and analyze product specifications to ensure procurement meets required standards.
• Monitor and forecast upcoming levels of demand for services and products.
• Build and maintain strong, long-lasting supplier relationships to optimize supply chain operations.
• Maintain accurate and comprehensive records of purchases, pricing, and other significant data.
• Prepare reports on purchases, including cost analyses and supply-chain evaluations.
• Resolve vendor or contractor grievances and claims against suppliers or subcontractors.
• Ensure supplier compliance with company standards and delivery schedule commitments.
• Stay updated with market trends, research potential markets, and assess risks when sourcing products.
• Participate in the development of specifications for equipment, products, or substitute materials.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Proven experience as a Purchasing Officer or in a similar procurement role.
• Strong negotiation and networking skills to manage vendor relationships effectively.
• Excellent knowledge of supply chain procedures and best practices in procurement.
• Proficient in Microsoft Office and purchasing software solutions like SAP or Oracle.
• Strong problem-solving skills and ability to work under pressure and tight deadlines.
• Exceptional verbal and written communication skills with a keen attention to detail.