• Devising and using fruitful procurement and sourcing strategies • Establish and maintain supplier relationships by serving as a single point of contact for contractual matters • Manage record keeping for all contract-related correspondence and documentation • Provide contract-related issue resolution, both internally and externally • Monitor and complete contract close-out, extension or renewal, as appropriate • Communicate contract-related information to all stakeholders • Discovering profitable suppliers and initiate procurement partnerships • Negotiating with external vendors to secure advantageous terms • Devise and use fruitful sourcing strategies • Approve the ordering of necessary goods and services • Finalize purchase details of orders and deliveries • Examine and test existing contracts • Track and report key functional metrics to reduce expenses and improve effectiveness • Collaborate with key persons to ensure clarity of the specifications and expectations of the Organization • Foresee alterations in the comparative negotiating ability of suppliers and clients • Expect unfavorable 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 • Draft, evaluate, negotiate and execute contracts
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