JRG

【Sourcing and Procurement】

1. Sourcing and Procurement:

Identify reliable suppliers and source quality materials, products, and services.

Evaluate and compare supplier offerings to make informed purchasing decisions.

Negotiate terms and conditions with vendors to secure favorable agreements.

2. Vendor Management:

Develop and maintain strong relationships with existing and potential vendors.

Monitor vendor performance and address any issues related to quality, delivery, or pricing.

Collaborate with vendors to optimize supply chain efficiency.

3. Cost Optimization:

Analyze market trends and pricing to identify cost-saving opportunities.

Implement cost-effective procurement strategies while maintaining quality standards.

Negotiate bulk purchasing discounts and favorable payment terms.

4. Risk Assessment:

Identify potential risks and challenges in the execution of strategic plans.

Develop mitigation strategies to address risks and maintain plan integrity.

5. Monitoring and Reporting:

Establish monitoring mechanisms to track progress against strategic objectives.

Prepare regular reports and updates for stakeholders, providing insights into performance and areas for improvement.

【Other】

1. Collaboration:

Foster effective communication and collaboration across various teams to ensure alignment with strategic goals.

2. Continuous Improvement:

Stay abreast of industry trends, best practices, and emerging technologies to enhance sourcing processes.

Proactively recommend and implement improvements to existing sourcing methodologies.

3. Inventory Management:

Monitor and manage inventory levels to ensure optimal stock levels.

Work closely with the planning team to minimize excess or obsolete inventory.

Implement strategies to improve inventory turnover and reduce carrying costs.
 

4. Compliance and Documentation:

Ensure compliance with relevant laws, regulations, and company policies.

Maintain accurate and up-to-date records of purchases, contracts, and agreements.