Monitor supplier performance and establish key performance indicators (KPIs) to assess and manage supplier relationships, addressing any issues that may arise to ensure consistent and reliable supply chain operations.
Conduct thorough market research and remain updated on industry trends to uncover opportunities for cost savings and process enhancements within procurement.
Perform comprehensive market research and stay current with industry trends, identifying chances for cost reduction and process refinement in the procurement realm.
Formulate and implement procurement plans that enable the acquisition of required resources, aligning with organizational goals.
Foster collaboration among diverse teams to grasp procurement needs, connect with potential suppliers, and secure favorable terms without compromising on quality.
Develop and assess procurement reports, budgets, and forecasts, supplying senior management with pertinent insights to empower informed decision-making.
