Maintain knowledge of the market, in addition to current prices and fair rates for goods.
Plan policies and procedures for efficiently, honestly, economically and productively purchasing goods for supply chain production and operation.
Establish essential guidelines for approving purchase orders, set purchasing policies, manage inventory, budget for materials and continuously consider stock requirements, skills and account balances.
Monitor, review and analyze bids and quotes with suppliers, including the negotiation of service agreements and contracts.
Oversee sources for purchasing supplies.
Maintain company budget and streamline costs.
Track and report key functional metrics to reduce expenses and improve effectiveness
Collaborate with key persons to ensure clarity of the specifications and expectations of the company