Purchasing Associate

A Purchasing Associate is responsible for overseeing and managing an organization's procurement process, ensuring the timely and cost-effective acquisition of goods and services necessary for daily operations. This role is critical in optimizing costs, maintaining quality standards, and mitigating supply chain risks, with a direct impact on a company’s profitability and operational efficiency. Key Responsibilities Develop and implement procurement and purchasing strategies to optimize costs and enhance supply chain efficiency. Strong technical knowledge with regard to appliances, construction material and other construction related products Identify, evaluate, and select suppliers based on quality, reliability, cost-effectiveness, and adherence to ethical and sustainability standards. Negotiate contracts and terms with suppliers to ensure favorable pricing, payment terms, and mutually beneficial agreements. Oversee inventory management by analyzing demand patterns, forecasting future needs, and implementing inventory control strategies to avoid shortages or excesses. Collaborate with internal stakeholders to understand requirements and align procurement activities with organizational goals. Conduct market research and analysis to stay updated on industry trends, supplier capabilities, and pricing fluctuations. Track and report key procurement metrics to reduce expenses and improve effectiveness. Oversee the sale and disposal of surplus property and manage central warehouse operations (if applicable) Issue Purchase Orders to respective suppliers/vendors of choice Required Skills and Qualifications Bachelor’s degree in supply chain management, business administration, or a related field. 3+ years of experience as a purchasing manager or in a similar procurement role. In-depth knowledge of procurement principles, strategies, and best practices. Strong negotiation, analytical, and decision-making skills. Experience with vendor and inventory management tools. Proficiency in procurement software and relevant data analysis tools. Excellent communication, interpersonal, and leadership abilities. Ability to work collaboratively with cross-functional teams and manage multiple priorities in a fast-paced environment. Show more Show less