Purchaser job description
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What does a Purchaser do?
The Purchaser is responsible for sourcing and buying products, materials, and services necessary for company operations. This role is key to maintaining an efficient supply chain and ensuring cost-effective purchasing practices that support business objectives.
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What are the Key Responsibilities of Purchaser
- Develop purchasing strategies to fulfill company needs efficiently.
- Negotiate contracts, pricing, and terms with suppliers.
- Evaluate supplier performance and build strong supplier relationships.
- Analyze inventory levels and order products as needed.
- Ensure compliance with purchasing policies and regulations.
- Identify and mitigate risks in supply contracts.
- Collaborate with various departments to understand purchasing requirements.
- Monitor market trends and adjust purchasing strategies accordingly.
What are the Skills and Requirements for a Purchaser?
- Strong negotiation skills with an ability to build relationships.
- Proficient in procurement software and tools.
- Excellent analytical and inventory management abilities.
- Effective communication and collaboration skills.
- Detail-oriented with strong organizational skills.
What are the KPIs to track for Purchaser?
The Purchaser's performance is measured by cost savings achieved through negotiation, punctuality in delivery schedules, accuracy in purchasing documentation, and the strength of supplier relationships.
Cost Savings
Achievement of targeted cost savings through effective purchasing strategies.
Supplier Performance
Maintaining high supplier performance scores based on delivery and quality metrics.
Inventory Management
Ensuring optimal inventory levels with minimal stockouts or overstock situations.
Reports to
Procurement Manager
Collaborates with
Supply Chain Teams, Finance Department
Leads
Purchasing Assistants
Are any specific tools or software required for the Purchaser role?
- SAP
- Oracle Procurement Cloud
- Coupa
- Microsoft Excel
What is the qualification of Purchaser?
Bachelor's degree in Business Administration, Supply Chain Management, or a related field; 3-5 years of experience in purchasing or procurement.
