Purchase Officer

Responsible for developing and implementing purchasing policies and procedures; fostering and cultivating relationships with suppliers
- Market purchasing products and services, research, and analyze market trends, and negotiate prices
- Draft purchase orders and specifications, and handle billing and payment
- Establish and manage vendor relationships; evaluate performance
- Share purchasing responsibilities with other departments
- Ensuring that product quality standards are met by selecting materials that meet specifications and rejecting those that do not
- Coordinating with suppliers to ensure that materials are delivered on time to the correct location
- Monitoring inventory levels and ordering additional materials as needed to ensure that supply does not run out
- Coordinating with production staff to ensure that materials are available when needed
- Assisting in planning for future material needs by developing and maintaining a forecast based on historical data and future plans for growth or expansion
- Reviewing invoices for accuracy and ensuring that payments are made on time
- Calculating and verifying material costs for invoices
- Preparing reports on material inventories and costs for internal use by company management
- Preparing purchase orders for raw materials based on supplier price quotes Duties may vary depending on the industry and type of business