Overview 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 Develop and implement procurement policies and procedures;
Participate in implementing purchasing strategies aligned with company objectives, including cost reduction, quality improvement, and supplier diversification;
Conduct market analysis to identify potential new suppliers and trends in pricing;
Budget Management: Monitor purchasing budgets and ensure that expenditures are within budgetary constraints;
Work closelywith finance teams to forecast future procurement needs and align with financial planning;
Compliance and RiskManagement: Ensure all purchasing activities comply with legal and company regulations;
Identify andmitigate risks associated with the supply chain, such as supplier dependency and market fluctuations;
Track and monitor suppliers financial stability;
Data Analysis and Reporting: Analyze purchasing data to identify trends, cost-saving opportunities, and areas for improvement;
Be responsible for the compliance activities within the Purchasing – Supply chain function;
Prepare regular reports on purchasing activities, supplier performance, and cost analysis for senior management;
Prepare monthly forecast regarding purchasing savings in alignment with the production plants for actuals and P&L;
Became approver of any