Purchase Officer

Job highlights

• Requirements:Bachelors degree in Business Administration,Supply Chain Management,or a related field .
• Proven experience as a Purchase Officer or in a similar procurement role . Strong negotiation and communication skills .

R D Engineers is looking for Purchase Officer to join our dynamic team and embark on a rewarding career journey Sourcing and Supplier Management:Identify potential suppliers and conduct market research to assess their capabilities and offerings

Build and maintain a database of reliable suppliers and vendors

Evaluate supplier performance based on quality, delivery, and pricing, and take appropriate actions to improve or replace underperforming vendors

Purchase Order Processing:Collaborate with various departments to understand their procurement needs and create purchase requisitions accordingly

Issue purchase orders to approved suppliers, ensuring accuracy and completeness of information

Monitor and track the status of orders to ensure timely delivery

Negotiation and Contract Management:Negotiate favorable terms and conditions with suppliers to secure the best deals and cost savings for the organization

Prepare and review procurement contracts, ensuring compliance with legal and company policies

Budget and Cost Control:Work closely with the finance department to establish and manage budgets for procurement activities

Implement cost control measures to optimize spending without compromising quality

Inventory Management:Collaborate with inventory teams to maintain optimal stock levels and avoid stockouts or overstock situations

Conduct periodic stock assessments and coordinate with relevant stakeholders for replenishment

Quality Assurance and Compliance:Ensure that purchased products and services meet the organization's quality standards

Monitor and enforce compliance with procurement policies, ethical practices, and relevant regulations

Vendor Relationships:Foster positive and productive relationships with suppliers and vendors

Address and resolve any issues or disputes that may arise during the procurement process

Reporting and Analysis:Prepare regular reports on procurement activities, vendor performance, and cost savings

Analyze data to identify areas for improvement and make data-driven decisions

Requirements:Bachelor's degree in Business Administration, Supply Chain Management, or a related field

Proven experience as a Purchase Officer or in a similar procurement role

Strong negotiation and communication skills

Familiarity with procurement software and tools

Analytical mindset and the ability to interpret data and make informed decisions

Knowledge of procurement regulations and best practices

Attention to detail and organizational skills

Ability to work independently and as part of a team