. Vendor Identification and Evaluation:
- Research and identify potential vendors for forging materials and services.
- Conduct detailed evaluations of vendor capabilities, quality standards, and pricing structures.
2. Relationship Management:
- Develop and maintain strong relationships with existing and potential vendors.
- Serve as the primary point of contact for vendor-related queries and issues.
3. Negotiation and Contract Management:
- Negotiate contracts and pricing with vendors to ensure cost-effectiveness and quality.
- Monitor contract compliance and vendor performance metrics.
4. Market Analysis:
- Analyze market trends and industry developments to identify new sourcing opportunities.
- Stay updated on competitive pricing and vendor capabilities.
5. Collaboration:
- Work closely with procurement, production, and quality assurance teams to align vendor capabilities with company requirements.
- Participate in cross-functional teams to optimize supply chain processes.
6. Reporting:
- Prepare regular reports on vendor performance, market trends, and cost-saving initiatives.
- Present findings and recommendations to senior management.
