What is a procurement officer?
A procurement officer is responsible for researching products and services from existing and potential suppliers on behalf of internal business units. They negotiate contracts and ensure that the products or services purchased are cost-efficient and of good quality.
Procurement Officer duties and tasks can include:
- Planning for the purchase of equipment, services and supplies
- Ensuring company procurement policies and procedures are adhered to
- Researching, reviewing, comparing and approving products and services to be purchased
- Maintaining inventories, accurate records and updating supplier information
- Reviewing and negotiating existing and prospective supplier contracts.
These purchasing tasks are particularly well-suited to being outsourced as they are repetitive and rules-based, requiring a high level of attention to detail. Organisations free up their local procurement teams’ time by sending these tasks to outsourced procurement officers. This allows your onshore team to focus on nurturing client relationships and performing revenue generating work.