Developing and implementing effective procurement and sourcing strategies Identifying and cultivating relationships with reliable suppliers Negotiating favorable terms and agreements with external vendors Take accountability to purchase of necessary goods and services. Monitoring and analyzing key metrics to optimize efficiency and reduce costs. Collaborating with stakeholders to clarify company requirements and expectations. Anticipating changes in supplier and client negotiation dynamics Proactively identifying risks through data analysis and implementing mitigation strategies Managing risks associated with supply contracts and agreements. Controlling spending and fostering a culture of cost-saving in procurement Update the database of the project responsible for. Ensure the suppliers selection for the project is reliable. Monitor supply markets and trends i.e. material price increases, shortages, changes in supply and interpret the impact these trends will have on the organization. Responsible for maintaining supplier’s offer terms excluding price validity until PO initial submission date. Review PO contract terms before signing to ensure no discrepancies with offer summary. Responsible for preparing offer summary with at least three complete quotations from reliable suppliers for projects with unspecified brands. Maintain good relationships with suppliers. Constantly liaise with sales department to understand and stay up to date with the end user requirement and competition. Timely liaise with engineering department to ensure supplier’s technicalities are in line with end-user requirements. Negotiate with suppliers for pricing targeted by department head. If needed, visit to shortlisted supplier’s office and factory to ensure they are reliable. To submit related procurement reports on time.