Purchasing Officer

Filinvest Group

Muntinlupa City, Metro Manila
Permanent
Full-time

1 month ago
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Job Title: Purchasing SupervisorOverview: The Purchasing Supervisor plays a crucial role in overseeing the procurement process within the organization. They are responsible for managing the purchasing team, ensuring timely acquisition of goods and services, negotiating contracts, and maintaining positive relationships with suppliers. The Purchasing Supervisor works closely with various departments to understand their procurement needs and strategize cost-effective solutions.Key Responsibilities: * Team Leadership:

Lead, mentor, and motivate the purchasing team to achieve departmental goals.
Assign tasks, set priorities, and provide guidance to ensure efficiency and productivity.
Procurement Strategy:

Develop and implement procurement strategies to optimize cost, quality, and delivery of goods and services.
Conduct market research to identify potential suppliers and assess their capabilities.
Supplier Management:

Evaluate supplier performance and maintain strong relationships to ensure timely delivery and favorable terms.
Negotiate contracts, pricing, and terms with suppliers to achieve cost savings and mitigate risks.
Inventory Management:

Monitor inventory levels and collaborate with inventory control team to maintain adequate stock levels.
Implement inventory management best practices to minimize stockouts and excess inventory.
Process Improvement:

Continuously review and streamline purchasing processes to enhance efficiency and reduce costs.
Identify opportunities for automation and implement appropriate technologies to streamline procurement operations.
Compliance and Risk Management:

Ensure compliance with company policies, procurement regulations, and industry standards.
Mitigate procurement risks by assessing supplier reliability, conducting due diligence, and implementing risk mitigation strategies.
Budget Management:

Develop and manage departmental budgets, ensuring adherence to financial targets and cost-saving initiatives.
Track expenses, analyze variances, and recommend corrective actions as needed.
Reporting and Analysis:

Generate reports on purchasing activities, supplier performance, and cost savings initiatives.
Analyze data to identify trends, opportunities, and areas for improvement.

Qualifications:

Bachelor's degree in Business Administration, Supply Chain Management, or related field.
Proven experience in procurement, purchasing, or supply chain management.
Strong leadership skills with the ability to effectively manage a team and drive performance.
Excellent negotiation and communication skills, both verbal and written.
Proficient in procurement software and tools, with experience in ERP systems preferred.
In-depth knowledge of procurement best practices, contract management, and supplier relationship management.
Analytical mindset with the ability to interpret data and make informed decisions.
Detail-oriented with strong organizational and time management skills.
Ability to thrive in a fast-paced environment and adapt to changing priorities.

Note: This job description is intended to convey information essential to understanding the scope of the position and is not exhaustive. Duties and responsibilities may be subject to change based on organizational needs and priorities.

Filinvest Group