Conduct assessments to identify and qualify vendors based on quality, cost, and reliability.
Draft and distribute RFPs to potential vendors, outlining the specifications and requirements for products or services needed.
Perform detailed cost analyses to identify optimal procurement options aligned with budget constraints and quality standards.
Lead negotiations with suppliers to secure advantageous contract terms and conditions.
Keep procurement activities compliant with internal policies and external regulations.
Collaborate with the quality control team to ensure the purchased materials meet all necessary quality metrics.
Oversee the entire ordering process, from initial requisition to final delivery, ensuring timeliness and accuracy.
Maintain and nurture relationships with suppliers for long-term partnership and potential cost savings.
Serve as the point of contact between engineering departments and suppliers to clarify technical specifications or resolve issues.
Administer supplier contracts and agreements, ensuring they meet both short-term needs and long-term strategic goals.
* 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.