Summary

When it comes to purchasing role that involve sourcing materials from both international and domestic markets, this position is typically involved in procurement, supply chain management, and vendor relations. Here are some key aspects of such a role:

1. Roles and Responsibilities:

• Supplier Identification & Management:
• Source chemicals from reliable domestic and international suppliers.
• Maintain strong relationships with both international and local suppliers to ensure competitive pricing, quality, and timely delivery.
• Negotiate contracts and terms with suppliers to achieve the best cost and quality balance.
• Market Research & Analysis:
• Continuously monitor market trends, fluctuations in material costs, and new sourcing opportunities.
• Stay updated on geopolitical factors, currency exchange rates, and trade policies that could affect international sourcing.
• Cost Management:
• Assess cost structures for both domestic and international suppliers.
• Perform cost-benefit analyses to determine the most cost-effective sourcing strategy.
• Track and manage budgets to meet financial goals and avoid over-budget spending.
• Risk Management:
• Identify and mitigate risks associated with international procurement such as political instability, currency volatility, supply chain disruptions, or quality assurance issues.
• Diversify sources of supply to reduce dependency on a single supplier or region.
• Regulatory Compliance & Customs:
• Ensure compliance with all international trade regulations, import/export laws, tariffs, and customs requirements.
• Work with logistics teams to ensure smooth customs clearance and timely delivery of materials.
• Logistics Coordination:
• Collaborate with logistics teams to ensure efficient and timely delivery from both domestic and international suppliers.
• Manage shipping documentation, freight forwarding, and inventory management.
• Sustainability & Ethical Sourcing:
• Ensure that suppliers meet sustainability and ethical sourcing standards, particularly for international sourcing.
• Work to ensure compliance with environmental regulations and corporate social responsibility policies.