Negotiation & Savings: Execute cost-saving programs through bulk purchasing, blanket orders, and "Value Engineering" discussions with the Senior Systems Manufacturing Engineer.
Price Variance Tracking: Monitor and report on Purchase Price Variance (PPV), identifying market trends in raw materials (e.g., aluminum, stainless steel) that may impact Mindox Techno's margins.
Terms Optimization: Negotiate favorable payment and delivery terms (Incoterms) to optimize corporate cash flow and reduce logistics liabilities.
...
Negotiate with suppliers to obtain competitive pricing and favorable terms, and ensure purchased materials meet technical specifications and quality standards
Monitor inventory levels, maintain inventory records, and arrange timely replenishment to avoid shortages or overstock
Prepare and issue Purchase Orders (PO), and maintain procurement records and supplier database
...