Head of Purchasing
3 weeks ago
Head of Purchasing
About the position -
The Head of Purchasing is responsible for overseeing all aspects of the company's procurement activities, ensuring the timely and cost-effective acquisition of goods and services. Reporting directly to the Financial Controller and VP of Operations, this role involves developing and implementing purchasing strategies, managing vendor relationships, and optimizing the procurement process to support the organization's goals and objectives.
Responsibilities –
• Develop and implement purchasing strategies and policies to ensure cost-effective procurement of goods and services.
• Lead and manage the purchasing team, providing guidance, training, and performance evaluations.
• Identify and evaluate potential suppliers, negotiate contracts, and establish long-term relationships to ensure a reliable supply chain.
• Monitor market trends, pricing, and supplier performance to identify opportunities for cost savings and process improvements.
• Collaborate with cross-functional teams, such as production, and finance to ensure timely and accurate procurement of inventory purchases.
• Oversee the purchase order process, ensuring accuracy, compliance with company policies, and timely delivery of goods and services.
• Manage inventory levels and optimize stock levels to minimize carrying costs while meeting sales demands.
• Conduct regular supplier performance reviews and implement corrective actions as necessary to maintain high-quality standards.
• Stay updated on industry regulations and best practices related to purchasing and supply chain management.
• Prepare and present reports, budgets, and forecasts related to purchasing activities to senior management.
• Analyzing market trends and customer demand to forecast future inventory needs and make informed purchasing decisions.
Requirements –
• Bachelor's degree in business administration, supply chain management, or a related field
• Minimum of 3 years of experience in purchasing or procurement, with at least 1 year in a leadership role
• Strong knowledge of procurement processes, including sourcing, negotiation, and contract management
• Excellent analytical and problem-solving skills, with the ability to make data-driven decisions
• Proven track record of successfully managing vendor relationships and driving cost savings initiatives
Skill Set
Purchasing * Cost Control/Cost Reduction * Customer Service * Budgeting * Complaint Management & Customer Service * E-Purchasing * Logistics Management * Supplier Negotiation & Management * Strategic Sourcing
*** AT LEAST THREE (3) PROFESSIONAL REFERENCES REQUIRED ***
Company DescriptionS&O is an up-and-coming start-up wholesale business in the Tobacco and General Merchandising industry. We are looking to scale and bring in the proper talent to support the Company's journey.Company DescriptionS&O is an up-and-coming start-up wholesale business in the Tobacco and General Merchandising industry. We are looking to scale and bring in the proper talent to support the Company's journey.-
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