Here’s a breakdown of each role within procurement:
Procurement Assistant: Assists in the procurement process by performing various administrative tasks
such as maintaining records, processing purchase orders, and communicating with suppliers.
Supplier Selections: Involves identifying and evaluating potential suppliers based on criteria such as
quality, cost, reliability, and capacity to meet the organization’s needs.
Quality Assurance: Ensures that purchased goods or services meet the required standards and
specifications. This involves inspecting incoming shipments, conducting quality tests, and implementing
corrective actions when necessary.
Cost Analysis: Involves analyzing the costs associated with procurement activities to identify
opportunities for cost savings, negotiate favorable terms with suppliers, and optimize spending.
Inventory Management: Involves managing the inventory levels of goods to ensure that there are
enough supplies to meet demand without excessive surplus or stockouts. This includes forecasting
demand, monitoring inventory levels, and implementing inventory control measures.
Risk Management: Involves identifying, assessing, and mitigating risks associated with procurement
activities. This may include risks related to supplier reliability, price fluctuations, quality issues, and
supply chain disruptions. Strategies for risk management may include diversifying suppliers,
implementing contingency plans, and conducting risk assessments.
