The Purchasing Coordinator plays a pivotal role in managing the procurement process within an organization, ensuring efficient and cost-effective purchasing of goods and services. Responsibilities include monitoring inventory levels, conducting market research to identify suppliers, negotiating with vendors for favorable terms, and tracking orders to ensure timely delivery. The Purchasing Coordinator also collaborates with various departments to determine their procurement needs and establish budgets. Strong analytical skills are essential to evaluate supplier proposals and make informed purchasing decisions. The ideal candidate should possess excellent communication and organizational abilities to maintain relationships with suppliers and internal stakeholders. A bachelor's degree in business administration or a related field is typically required for this position, along with experience in procurement or supply chain management.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.