Generate and implement efficient sourcing and category management strategies and optimize sourcing procedures to attain maximum efficiency. Ensure that all practices are consistent with industry guidelines and regulations
Analyze and calculate costs of procurement and suggest methods to decrease expenditure
Manage the company’s supply portfolio ensuring transparency of spending
Invent negotiation strategies and secure profitable deals and re-negotiating vendor contracts to favor the company.
Cooperate with stakeholders to guarantee agreement on terms and processes
Research and anticipate shifts in the negotiating power of suppliers
Perform cost and scenario analysis, and benchmarking with estimating of risks and apply risk minimizing techniques
Discover and partner with trustworthy vendors and suppliers and perform analyses to evaluate overall cost savings after implementation of new strategies
Determine quantity and timing of deliveries and follow industry professionals and organizations to maintain an awareness of best practices
Expert of understanding the customer, competitor and the corporation of retail industry.
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