Procurement Manager
Ideacrate Edutainment Company LLC
- Current
- Devising and using fruitful procurement and sourcing strategies
- Discovering profitable suppliers and initiate procurement partnerships
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Collaborate with key persons to ensure clarity of the specifications and expectations
- Foresee alterations in the comparative negotiating ability of suppliers and clients
- Expect unfavourable events through analysis of data and prepare control strategies
- Perform risk management for supply contracts and agreements
- Control spend and build a culture of long-term saving on procurement costs
- Developed and Maintained Procurement Process and implemented a Standard Operating Procedure
- Prepare Annual Budget of Purchases Across All Expense Heads & Departments
- Procurement Scope Analysis for all CAPEX and OPEX purchases
- Negotiate with pre-selected suppliers/service providers to determine the best commercial terms – Price, Specifications, Warranties, Availability and Payment terms
- Select the most competitive quotations based on commercial and technical terms and award the LPO
- Handling All Imports & Exports by liaising with international suppliers/agents and clear shipments through customs
- Create and maintain good relationships with vendors/suppliers and coordinate with Finance on Supplier Payment processing
- Constant endeavor to develop & introduce new products and alternative cost-effective options for existing ones
- To ensure policies / SOP’s implemented are adhered to by respective departments in the company
- Providing monthly purchase report to management under each business expense head.
