Identify new suppliers and assist in negotiating supply agreements and contracts as needed, including discount structures, volume rebates, etc.
Identify opportunities for cost management/value addition.
Forecast procurement needs and reorder points.
Ensure supplier compliance with all company regulations and requirements, including documentation.
Handle purchasing issues.
Be responsible for resource and supply availability and timing.
Perform cost analysis on items, quantities, and holding costs.
Forecast price trends and their impact on future activities.
Reduce the risk of key supplier dependency.
Plan and execute special promotional campaigns, and prepare promotions in parallel with the marketing plan and seasonality.
Provide category portfolio development, execute and improve the performance of the declared category by efficient assortment building (supplier and product selection) pricing.