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Account Manager- Purchase

3.00 to 7.00 Years   Surat   17 Jan, 2024
Rawalwasia
Job LocationSurat
EducationNot Mentioned
SalaryNot Disclosed
IndustryOthers
Functional AreaNot Mentioned
EmploymentTypeFull-time

Job Description

    Job Responsibility Collaborate with stakeholders to assess the companys needs for products, services, and pricing. Develop and implement procurement strategies to enhance profitability by improving quality and minimizing delays in the supply of materials. Identify suppliers and maintain a strong network of reliable vendors/suppliers. Evaluate supplier performance to ensure they meet company expectations in terms of quality, delivery, cost, and services. Negotiate contracts with suppliers in the best interests of the company. Stay updated with regulations and compliance requirements and monitor compliance with applicable laws and regulations. Process invoices, reconcile accounts payable, and monitor inventory levels. Monitor the market for signs of price fluctuations and exchange rate changes. Develop a contingency plan to address unexpected price fluctuations. Analyse procurement data and market research to identify the latest trends and areas of improvement.. Generate reports based on data analysis to identify opportunities for cost reduction and process improvement. Resolve discrepancies or errors found during the reconciliation process. Work with suppliers to resolve payment issues or disputes. Train and supervise procurement staff, providing guidance and support.(By Google Bard - Summarised JD) Collaborate with stakeholders to assess the requirements and develop procurement strategies. Identify suppliers and maintain a network of reliable vendors. Evaluate supplier performance and negotiate contracts. Process invoices, reconcile accounts payable, and monitor inventory levels. Monitor market conditions and develop contingency plans. Maintain procurement records and analyse data. Resolve discrepancies and work with suppliers to resolve payment issues. Train and supervise procurement staff. Oversee the billing process,

Keyskills :
procurementvendor managementnegotiationsupply chain managementfinancial analysisdata analysisinventory managementcompliance

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