1 Develop, lead and execute purchasing strategies
2 Track and report key functional metrics to reduce expenses and improve the effectiveness
3 Craft negotiation strategies and close deals with optimal terms
4 Partner with stakeholders to ensure clear requirements documentation
5 Forecast price and market trends to identify changes of balance in buyer-supplier power
6 Perform cost and scenario analysis, and benchmarking•
7 Assess, manage and mitigate risks
8 Seek and partner with reliable vendors and suppliers
9 Determine quantity and timing of deliveries
10 Monitor and forecast upcoming levels of demand
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