Key Responsibilities:

Supplier Evaluation and Selection: Ability to assess and select suppliers based on price, quality, reliability, and service.

Cost Analysis: Understanding cost components and performing cost-benefit analysis.

Negotiation: Securing favorable terms (price, delivery, payment) while maintaining strong supplier relationships.

Market Research: Analyzing market trends and pricing to make informed decisions.

Inventory Management: Ensuring the right inventory levels while minimizing holding costs.

Procurement Planning: Developing strategies and schedules for purchasing activities.

Contract Drafting and Review: Writing and interpreting contract clauses to align with business and legal requirements.

Legal and Regulatory Compliance: Understanding laws and policies (e.g., UCC, FAR, GDPR) that affect contract terms.

Risk Management: Identifying and mitigating risks within contract terms.

Performance Monitoring: Ensuring compliance with contract obligations and managing service level agreements (SLAs).

Dispute Resolution: Managing conflict through negotiation, mediation, or legal action when necessary.

Change Management: Handling contract amendments or scope changes systematically.

• Communication: Clear writing and speaking for effective internal and external communication.
• Attention to Detail: Catching errors or inconsistencies in procurement documents or contracts.
• Analytical Thinking: Evaluating data and scenarios to support decisions.
• Time Management: Handling multiple tasks and deadlines efficiently.
• Collaboration: Working across departments (legal, finance, operations) and with external stakeholders.