DAVID YAW AKROFI BOADU

[Procurement Department]

• Forecasting purchase volumes for key input materials.
• Exploring and analyzing new markets for safe alternatives to costly supplies.
• Planning and scheduling the supply of bulk orders to minimize holding costs on our side, eliminate congestion in our storage facilities, and spread out payment liability.
• Mitigate supply chain risks, and minimize the impact of disruptions where inevitable.
• Providing cost insights and highlighting risks.
• Implementing strategies for cost reduction through improved terms of payment, convenient pricing structures, and leveraging volume discounts.
• Developed systems for tracking inventory levels at all times, so that critical supplies are not depleted unexpectedly.
• Ensuring compliance with relevant laws and regulations related to procurement activities.
• Providing guidance on sourcing decisions related to product specifications, materials selection, and vendor selection criteria.
• Monitoring supplier performance in terms of quality, delivery, and responsiveness to fulfilling orders to ensure compliance with contractual agreements.
• Developing and maintaining effective relationships with suppliers, and measuring supplier performance and innovation by vendor rating.
• Partake in vendor account reconciliations, ensuring discrepancies are settled.
• Share periodic reports on procurement activities, including cost savings achieved, with management.
• Collaborate with user departments, especially Plant, Engineering, Production, and Quality Control, to predetermine their critical needs for on-time availability.
• Perform detailed analysis of supplier costs associated with different items purchased by the organization.
• Monitor inventory levels of key operational and input materials to avoid stockouts and ensure continuous availability of materials for production.

[Procurement Department]

[Supplies Department – Central Receiving Bay]