Obtaining bids to realize maximum value from the expenditure of funds in the purchase of materials and services.
Coordinating the purchase of materials and services for all functions.
Purchasers must be familiar with what’s out there, what it costs, and how it can benefit the company.
Purchasers look for the best combination of quality, price, payment terms and delivery speed
They then negotiate contracts and policies with suppliers.
They also monitor deliveries to ensure compliance with contracts
Expediting, when requested and warranted, the delivery of goods and services.
Maintaining the master vendor and commodity list
Communicating with estimator & biller for various task such as taking out the material list, cross check the material utilization and un-utilized data etc.
Product knowledge, self-confidence and interpersonal skills are necessary to negotiate the best contracts with a supplier & Vendors
Ability to evaluate market conditions and various suppliers.