Responsible for ensuring items or service are purchased from specified supplier and are delivered upon agreed terms and conditions, seeking maximum value for the company including agreed time and cost, delivery high quality purchasing service day to day basis according to defined procedures, respecting quantity, quality and timing.
Sources suppliers and develops relationships to negotiate and buy goods, materials and services to meet the Company’s operational requirements. This includes supplier selection, tendering and cost estimating. Procurement is defined as: Sourcing, negotiating and buying of goods, materials and services to meet the Company’s operational requirements. Overall responsibility and accountability for the Purchasing Function which will include people and budgetary management. Integral part of the senior management team or board which determines overall strategy and business decisions.
Strategic planning
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· Overall responsibility for Purchasing and Cost Estimating activities across the business
· Create and implement best practice purchasing vision, strategy, policies, processes and procedures to aid and improve business performance
· Ensure that purchasing strategies and processes are in place to meet business objectives and operational needs in terms of price, quality and delivery targets, which enables the company to function and compete effectively in the market to include: Terms and conditions, supplier selection/de-selection, evaluation and rationalisation of supply chain solutions including vendor managed inventory, supplier consignments and safety stock
· Evaluate the challenges faced by the business and take action to mitigate risks and develop opportunities
· Contribute to overall business strategy and annual budget process
· Take ownership of the purchasing policy, guidelines and any associated documents
· Initiate and develop creative and innovative procurement processes (eProcurement
Financial Budget and Control
· Input and hold responsibility for Purchasing and cost estimating budgets
· Prepare the annual Purchasing budget and forecasts and all Capital Expenditure proposals as well as ensuring compliance with customer and legal requirements. Manage the budget from identification to completion of projects.