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Research potential vendors, compare and evaluate offers from suppliers.
Negotiate contract terms of agreement and pricing.
Track orders and ensure timely delivery with the right quality of purchased products.
Enter order details (e.g., vendors, quantities, prices) into internal databases.
Maintain updated records of purchased products, delivery information, and invoices.
Prepare reports on purchases, including cost analyses.
Monitor stock levels and place orders as needed, and coordinate with staff to ensure proper storage.
Coordinate stock control operations with warehouse staff, as well as the sales and finance departments.
Analyze supply chain data to ensure the uninterrupted availability of stock.
Forecast supply and demand to prevent overstocking and running out-of-stock (OOS).
Oversee stock storage processes, including tagging, boxing, and labeling.
Maintain a steady flow of stock from storage to where it is needed.
Control accounts payable balances and ensure they are settled according to credit terms.
Perform regular inventory audits and keep stock purchasing within budget.
Maintain and update daily shipment records, as well as purchase and pricing reports.