Senior Buyer 07D25

A Senior Buyer plays a crucial role in the procurement department of any organization. They are responsible for acquiring high-quality products, materials, and services at competitive prices necessary for the company's operations. The Senior Buyer must understand industry trends, maintain strong supplier relationships, and negotiate effectively to secure the best deals while ensuring that procurement strategies align with the business goals. Typically, this role requires an individual with outstanding decision-making abilities and exceptional communication skills to collaborate with various stakeholders, including suppliers and internal departments. The Senior Buyer also assists in developing procurement policies, tracking inventory, and forecasting market changes that might impact supply chains. Overall, the Senior Buyer is instrumental in optimizing costs, improving procurement processes, and contributing to the organization's overall efficiency and profitability.

Responsibilities

• Analyze market trends and develop strategies for effective procurement activities.
• Conduct thorough research to identify reliable and cost-effective suppliers.
• Negotiate contracts, terms, and conditions with vendors to secure best deals.
• Elicit competitive bids from suppliers to ensure favorable procurement outcomes.
• Collaborate with internal departments to determine product specifications and needs.
• Evaluate supplier performance, address issues, and lead improvement initiatives.
• Oversee the maintenance and management of procurement records and documents.
• Develop and implement procurement policies, procedures, and best practices.
• Ensure compliance with legal and regulatory requirements in procurement activities.
• Monitor inventory levels and coordinate with suppliers for timely replenishment.
• Liaise with stakeholders to resolve supply chain issues and ensure smooth operations.
• Prepare and present procurement reports to senior management for decision-making.

Requirements

• Bachelor's degree in Supply Chain Management, Business, or related field required.
• Minimum of 5 years of procurement experience, with a focus on senior buying.
• Proven negotiation skills and ability to develop effective supplier relationships.
• Strong analytical abilities and knowledge of market trends and pricing strategies.
• Excellent communication and interpersonal skills for cross-functional collaboration.
• Proficiency with procurement software and Microsoft Office Suite applications.
• Demonstrated ability to handle multiple projects and prioritize tasks effectively.
• Familiarity with legal regulations and compliance in purchasing and procurement.
• Certification in procurement or supply chain management is preferred but not required.