In a previous role, I negotiated a contract with a major supplier to reduce costs by 15%. I started by conducting a thorough analysis of market prices and our historical spending patterns. I then presented this data to the supplier, highlighting areas where they could improve their offer. I also emphasized the long-term benefits of maintaining a strong partnership. The supplier agreed to the reduced rates, and we secured a three-year contract that saved our company over $500,000 annually.

I prioritize tasks based on urgency and impact. I start by categorizing orders into critical, high-priority, and standard categories. Critical orders, which are essential for ongoing operations, are addressed immediately. High-priority orders, which are important but not immediately urgent, are scheduled for the next available time slot. Standard orders are managed according to their due dates. I also use project management tools to track progress and ensure nothing slips through the cracks.

I ensure compliance by staying updated on relevant procurement policies and regulations. I conduct regular audits of purchase orders and contracts to verify adherence. I also collaborate with the legal and compliance teams to address any potential issues. Additionally, I provide training to team members to reinforce the importance of compliance and to ensure everyone is on the same page.

When faced with supplier disputes or delays, I first gather all relevant information to understand the root cause. I then communicate directly with the supplier to find a resolution. If necessary, I escalate the issue to higher management or involve legal counsel. I also explore contingency plans, such as sourcing from alternative suppliers, to minimize the impact on our operations. My goal is to resolve the issue quickly and maintain a positive relationship with the supplier.

I evaluate suppliers based on several criteria, including quality, cost, reliability, and sustainability. I start by identifying potential suppliers through market research and industry networks. I then request detailed proposals and conduct thorough evaluations, including site visits and reference checks. I also consider the supplier's ability to meet our specific needs and their commitment to continuous improvement. Finally, I present my findings to the relevant stakeholders for final approval.