- Identify new suppliers, evaluate and accredit to the Approved Suppliers List (ASL) based on set criteria
- Update and maintains vendor databases and administers assigned categories & product cases etc.
- Periodic review of vendor’s performance in terms of prompt delivery, adherence to committed terms & quality of supplied goods etc. to re-evaluate them in order to keep / dis-qualify them as approved supplier.
- Initiates & maintains win-win partnership with vendors by negotiating to achieve favorable commercial terms and strategic gains to protect and serve the best interest of company
- Identify cost reduction opportunities e.g. Economical cost vendor sources that results in reduction in repetitive purchases thus reducing administrative time & costs.
- Identify fast moving & low cost items to establish blanket order with vendors for periodic delivery that’ll results in reduction of stock level.
- Identify high cost, fixed life & long lead time items to establish consignment / blanket order with suppliers for Just In Time (JIT) delivery that’ll result in inventory cut.
- Co-ordinate with the Procurement supervisors to resolve the credit term and delivery problems with suppliers.
- Keeping abreast of market, products trends and developments.
- Reporting to Procurement Superintendent
