Purchasing Coordinator

As a Purchasing Coordinator, you will play a pivotal role in managing and optimizing the procurement process to ensure the seamless acquisition of goods and services required by the company. Your expertise will be crucial in negotiating contracts, building relationships with suppliers, and securing the best possible pricing and terms. You will collaborate with various departments to determine the needs and specifications for supplies and equipment. By ensuring timely and cost-effective procurement, you contribute directly to the efficiency and overall success of the organization. Your role will not only focus on purchasing but also involve considerable research and strategic planning to support long-term business goals.

Responsibilities

• Coordinate the procurement of materials and supplies in alignment with company needs.
• Negotiate contracts and agreements with vendors for optimal pricing and terms.
• Manage supplier relationships to foster collaboration and resolve issues efficiently.
• Develop an in-depth understanding of market trends and supply chain innovations.
• Work with the finance team to forecast budgets and assess purchase cost-effectiveness.
• Ensure timely delivery of ordered goods to maintain stock levels efficiently.
• Conduct regular assessments of supplier performance and service quality.
• Prepare and review purchase orders for accuracy and completeness before approval.
• Maintain detailed records of purchases, pricing, and other essential data.
• Collaborate with internal departments to identify procurement needs and specifications.
• Identify and address potential risks or issues in the supply chain process.
• Monitor inventory levels and coordinate replenishments to avoid shortages.

Requirements

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• Minimum of 2 years of experience in a purchasing or procurement role.
• Proven ability to negotiate contracts and vendor agreements effectively.
• Strong understanding of supply chain management principles and practices.
• Proficient in using procurement software and Microsoft Office Suite for analysis.
• Excellent communication and interpersonal skills for supplier and stakeholder engagement.
• Detail-oriented with strong organizational skills to manage multiple tasks efficiently.