Material Sourcing Staff

Material Sourcing staff is responsible for identifying, evaluating, and selecting suppliers, negotiating contracts, and managing relationships with vendors to ensure the timely and cost-effective procurement of materials required for the company's operations.
- Research and identify potential suppliers.
- Evaluate suppliers based on quality, cost, delivery reliability, and other relevant factors.
- Conduct supplier audits and performance reviews.
- Negotiate pricing, terms, and conditions with suppliers.
- Develop and manage supplier contracts and agreements.
- Ensure compliance with company policies and industry regulations.
- Create and manage purchase orders.
- Monitor and manage inventory levels to prevent shortages or overstocking.
- Coordinate with the production and logistics teams to ensure timely delivery of materials.
- Analyze market trends to anticipate changes in pricing and availability of materials.
- Develop cost-saving strategies without compromising quality.
- Maintain accurate records of purchases, costs, and inventory.
- Build and maintain strong relationships with suppliers.
- Address and resolve any issues or disputes with suppliers promptly.
- Collaborate with suppliers to improve processes and products.
- Prepare and present reports on procurement activities, cost analysis, and supplier performance.
- Maintain comprehensive records of procurement transactions and supplier communications.