Forecast levels of demand for services and products
Conduct research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality
Liaise between suppliers, manufacturers, relevant internal departments and customers
Build and maintain good relationships with new and existing suppliers
Negotiate and agree contracts, monitoring the quality of service provided
Process payments and invoices
Keep contract files and use them as reference for the future
Develop strategies to make sure that cost savings and supplier performance targets are met - or exceeded
Undertake value for money reviews of existing contracts and arrangements
Forecast price trends and their impact on future activities
Keep a constant check on stock levels
Give presentations about market analysis and possible growth
Develop a purchasing strategy
Produce reports and statistics on spending and saving
Evaluate bids and make recommendations, based on commercial and technical factors
Ensure suppliers are aware of business objectives
Attend meetings and trade conferences
Train and supervise the work of other members of staff.
Finalize purchase details of orders and deliveries
Track and report key functional metrics to reduce expenses and improve effectiveness
Collaborate with key persons to ensure clarity of the specifications and expectations of the company