Sourcing and Research: Conduct research to identify potential suppliers/vendors for the goods or services needed by the company. This involves evaluating suppliers based on factors like price, quality, reliability, and delivery capabilities.
Negotiation: Negotiate prices, contracts, and terms of agreements with suppliers to ensure favorable terms for the company while maintaining good relationships with vendors.
Purchase Orders: Create and manage purchase orders to initiate the procurement process. This includes verifying specifications, quantities, and delivery schedules.
Inventory Management: Monitor inventory levels and track stock movements to ensure adequate supply while minimizing excess inventory and associated costs.
Supplier Relationship Management: Build and maintain strong relationships with suppliers to ensure timely deliveries, resolve any issues that may arise, and negotiate better terms and conditions.
Cost Management: Continuously seek cost-saving opportunities through methods like bulk purchasing, competitive bidding, and alternative sourcing.
pHaroon Mines (Pvt) Limited/p