Asst. Purchase Manager

Job description

 Sourcing & Vendor Management: Identify and vet reliable vendors and suppliers. Negotiate prices, terms, and deadlines to ensure the best possible value for the company.  Strategic Planning: Develop and implement procurement strategies that are inventive and cost-effective.  Budgeting: Track and report key functional metrics to reduce expenses and improve effectiveness. Manage the procurement budget and provide clear financial forecasting.  Contract Management: Review and manage existing contracts and renewals. Ensure all agreements meet legal and corporate compliance standards.  Inventory Control: Work closely with the warehouse and production teams to ensure optimal stock levels without over-investing in "dead" inventory.  Risk Management: Identify potential supply chain risks and develop contingency plans (e.g., alternative sourcing) to ensure business continuity.