Commodity Buyer Responsibilities
Identifying purchasing needs and managing commodity-based portfolio spend activities.
Creating and implementing purchasing strategies for commodities.
Evaluating and selecting suppliers in terms of quality, cost, service and capacity.
Negotiating contracts and terms with selected suppliers.
Supporting cost reduction and continuous improvement initiatives.
Ensuring supply chain efficiency by monitoring delivery times, transport costs and efficiency.
Managing supplier performance to ensure compliance with contract terms and conditions.
Preparing detailed reports on procurement and purchasing activities.
Developing strong relationships with stakeholders and suppliers, addressing conflicts and discrepancies.
Keeping up-to-date with trends in the commodities market and relevant regulations