Purchasing Controller is responsible for overseeing and managing the purchasing activities at Business Unit level to ensure cost-effectiveness, efficiency, and compliance with company policies. This role typically involves working closely with other departments to meet the company's procurement compliance, budgeting and forecasting needs.
Key Responsibilities:
1. Procurement Strategy:
2. Develop and implement procurement policies and procedures;
3. Participate in implementing purchasing strategies aligned with company objectives, including cost reduction, quality improvement, and supplier diversification;
4. Conduct market analysis to identify potential new suppliers and trends in pricing;
5. Budget Management:
6. Monitor purchasing budgets and ensure that expenditures are within budgetary constraints;
7. Work closely with finance teams to forecast future procurement needs and align with financial planning;
8. Compliance and Risk Management:
9. Ensure all purchasing activities comply with legal and company regulations;
10. Identify and mitigate risks associated with the supply chain, such as supplier dependency and market fluctuations;
11. Track and monitor suppliers financial stability;
12. Data Analysis and Reporting:
13. Analyze purchasing data to identify trends, cost-saving opportunities, and areas for improvement;
14. Be responsible for the compliance activities within the Purchasing – Supply chain function;
15. Prepare regular reports on purchasing activities, supplier performance, and cost analysis for senior management;
16. Prepare monthly forecast regarding purchasing savings in alignment with the production plants for actuals and P&L;
17. Became approver of any