Procurement &Sourcing: Identify and evaluate suppliers, negotiate contracts, and manage relationships with vendors to ensure the timely and cost-effective procurement of goods.
Inventory Management: Oversee the inventory levels to ensure optimal stock without overstocking, preventing shortages, and reducing excess inventory costs.
Logistics & Distribution: Plan and manage the logistics network, including transportation, warehousing, and distribution, ensuring efficient and on-time delivery of products.
Demand Forecasting: Collaborate with other departments (sales, marketing, production) to forecast demand and adjust procurement and inventory strategies accordingly.
Supply Chain Optimization: Identify opportunities for improving supply chain processes, reduce costs, and enhance efficiency using technology or process redesign.
Compliance & Risk Management: Ensure supply chain operations comply with industry regulations and manage risk associated with supply chain disruptions.
Reporting & Analytics: Provide regular reports on key supply chain metrics such as on-time delivery, inventory turnover, and procurement costs to senior management.
Cross-functional Collaboration: Work closely with internal teams (e.g., sales, production, finance) to align the supply chain strategy with business objectives.
Supplier Relationship Management: Maintain strong relationships with key suppliers and partners, addressing any concerns or issues as they arise.