Buyer (225-702)

A Buyer is a professional who plays a crucial role in the supply chain management of a company. They are responsible for purchasing products and services for the organization at competitive prices while ensuring quality standards are met. Buyers work closely with suppliers, negotiate contracts, and develop strategies to maximize cost-effectiveness. They also conduct market research to stay informed about trends, understand product specifications, and assess vendors based on various metrics. The role requires a blend of analytical and negotiation skills, attention to detail, and the ability to develop relationships with vendors. Successful Buyers help companies improve profit margins and maintain the availability of essential goods and services.

Responsibilities

• Identify and research potential suppliers to meet product and service requirements.
• Negotiate terms and conditions of contracts with suppliers to achieve cost savings.
• Monitor market trends and changes to keep sourcing strategies competitive.
• Evaluate supplier performance to ensure quality and timely delivery of products.
• Collaborate with internal departments to forecast demand and ensure supply chain efficiency.
• Develop and manage purchase orders from initiation through fulfillment and payment.
• Prepare and present regular reports on purchasing activity and deliverables to management.
• Build and maintain strong relationships with suppliers to ensure long-term partnerships.
• Conduct cost-benefit analyses to recommend efficient purchasing strategies to the leadership team.
• Stay informed of new products and services relevant to the business for strategic advantage.
• Ensure compliance with company and regulatory policies in all purchasing activities.
• Identify areas of improvement in the procurement process and implement best practices.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain, or a related field.
• Minimum of 3 years of experience in a purchasing or procurement role.
• Strong negotiation skills with a proven track record of successful contract management.
• Proficiency in procurement software and Microsoft Office Suite, especially Excel.
• Excellent analytical and problem-solving skills to assess purchasing options effectively.
• Strong interpersonal and communication skills to build relationships with suppliers.
• Detail-oriented with a focus on accuracy in complex contract and purchasing agreements.