
Ess K
Procurement Specialist and Researcher
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Work experience
PROCUREMENT OFFICER
ELITE GENERAL STORE • Part-time
Jul 2023 - Present • 2 yrs 10 mos
1. Supplier Sourcing & Management Identify reliable local and international suppliers. Evaluate suppliers based on cost, quality, and reliability. Negotiate contracts and favorable payment terms. Build long-term supplier relationships to secure consistent inventory. 2. Cost Control & Profit Protection Analyze costs of goods and procurement expenses. Negotiate discounts, bulk deals, and favorable terms. Reduce unnecessary overhead to maximize profit margins. Track purchase vs. sales to ensure financial efficiency. 3. Inventory & Stock Planning Forecast demand based on sales trends. Maintain optimal stock levels to prevent overstocking or shortages. Streamline inventory processes for quick restocking and reduced wastage. 4. Business Operations Oversight Integrate procurement decisions with overall business strategy. Ensure products are sourced on time for smooth retail operations. Balance quality, cost, and customer expectations. 5. Strategic Decision-Making Analyze market trends to choose profitable products. Implement procurement policies that improve supply chain efficiency. Make data-driven decisions to scale and grow the retail business.