Responsible for strategizing and executing effective purchasing strategies. Assess, manage, and negotiate contracts with suppliers in compliance with organizational objectives and procurement policies. Keep track of all purchase orders and ensure timely delivery of goods and services. Identify future procurement opportunities and collaborate with suppliers to ensure effective supply chain development. Effective management of supplier performance in ensuring compliance with service and quality standards. Keep abreast of market trends in order to make informed procurement decisions. Conduct regular risk evaluations to safeguard against potential supply chain disruptions. Coordinate with stakeholders and understand their needs and requirements related to procurement. Responsible for inventory management and ensuring stock levels are maintained at optimal levels. Maintain and update supplier information such as qualification details, delivery times, product ranges, etc. Resolve any invoice price and quantity discrepancies to make sure the accounting records are accurate. Collaborate with the finance department to ensure timely closure of purchase orders and resolve any accounting issues related to procurement. Prepare and present detailed reports on the effectiveness of the procurement strategy. Ensure compliance with federal, state, and local laws and regulations related to procurement. Maintain confidentiality of sensitive information as per the company’s data privacy policies.