Senior Buyer 18O25

The Senior Buyer is a crucial component of our procurement team, responsible for ensuring the efficient and effective sourcing of goods and services necessary for the organization to function optimally. This role demands a professional with extensive experience in purchasing and supplier negotiation, capable of making significant strategic contributions to the company’s procurement management. The Senior Buyer not only liaises with stakeholders to identify and fulfill procurement needs but also analyzes market trends to develop purchasing strategies. With a focus on cost reduction and quality improvement, the Senior Buyer must exhibit exceptional analytical skills and proficiency in contract management. This position requires someone who is adept at maintaining strong supplier relationships, as well as having the foresight to anticipate company needs and market shifts, successfully mitigating risks and optimizing inventory levels.

Responsibilities

• Develop and execute effective sourcing strategies to achieve the best value.
• Establish and maintain strong relationships with key suppliers and vendors.
• Monitor market trends to make informed purchasing decisions and adjustments.
• Lead negotiations on contracts to ensure favorable terms and conditions.
• Analyze and assess supplier performances and manage vendor evaluation processes.
• Coordinate with various departments to identify procurement needs and priorities.
• Manage and resolve any issues or disputes with suppliers in a timely manner.
• Identify potential risks within the supply chain and create mitigation strategies.
• Prepare and present detailed reports on purchasing activities and budget utilizations.
• Ensure compliance with all regulatory and company policies related to procurement.
• Conduct regular assessments and audits of inventory levels and stock usage.
• Continuously seek methods to improve procurement processes and cost efficiencies.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 5 years of experience in a purchasing or procurement role.
• Strong understanding of contract law and procurement best practices.
• Exceptional negotiation skills with proven experience in supplier relationships.
• Ability to analyze complex data and market trends accurately and efficiently.
• Excellent communication and interpersonal skills to interact with various stakeholders.
• Proficiency in procurement software and Microsoft Office Suite applications.