Purchase Coordinator

Analyze vendor proposals, negotiate and close contracts and provides recommendations to management.- Ensure sourcing requirements are fully reflected in the purchase order and proper implementation of contracts.- Practices Just In Time stock management and reduction in lead times.- Develop and implement inventory strategy to support production requirements consistent with inventory guidelines.- Purchases items that may require some assessment of quality and/or compatibility.- Observe/identify purchasing possibilities.- Reviews weekly output from internal customers such as Material Requirements Planning for requisitions.- Maintains accurate master planning data in business systems.- Participate in designing plans, systems, tracking mechanisms to help implement material requirements efficiently.- Responsible for operational relations with relevant suppliers and administers ongoing supplier management programs.- Make medium term forecast of cost price development.- Attunes purchase orders with manufacturing.- Advising Product Management and Supply Management in case of stagnation.- Successfully troubleshoots most supply bottlenecks/ inventory delays independently.- Market scanning i.E. gain insight with regard to supplier markets, new market developments, etc.- Market scanning, compare quotations, cost price analyses, negotiating, closing deals, supplier selection.- Decide inventory strategy to ensure timely and adequate inventory flow.- May recommend cost saving proposals including make-versus-buy analysis, alternative sourcing and vendor evaluation criteria.- Gets info from catalogues and personal contacts.- Participates in coordinating activities with supply management colleagues- Translate market developments and understand their impact on product flow, pricing and availability.