Develop and implement procurement strategies to optimize costs and ensure timely delivery of goods and services. Conduct market research and supplier evaluations to identify potential vendors and negotiate favorable terms and pricing. Collaborate with internal stakeholders to understand their procurement needs and provide guidance on best practices. Manage the procurement process from requisition to receipt, ensuring compliance with company policies and procedures. Monitor supplier performance and address any issues or concerns to maintain strong supplier relationships. Stay updated on industry trends and regulations to proactively identify opportunities for cost savings and process improvements. Analyze procurement data and generate reports to track key performance indicators and support decision-making. Implement and maintain procurement systems and tools to streamline processes and enhance efficiency. Lead cross-functional teams to drive procurement initiatives and achieve departmental goals. Stay abreast of emerging technologies and advancements in procurement practices to stay ahead of the competition.