Inventory purchasing officers are responsible for tracking and replenishing or purchasing goods found in their inventory warehouses, branches, facilities and establishments. They work to ensure that inventory levels stay within appropriate guidelines.

Inventory Officers are responsible for purchasing goods, materials or products for the company. They must establish contacts between suppliers and the company. Inventory purchasing managers must constantly monitor pricing and quality to ensure that they are meeting their company's needs.

 

Tracking Inventory

·         Must carefully track inventory levels to avoid shortages or surpluses that might affect operations, production or sales.

·         Must keep and track records, monitor supplies and work closely with other employees to keep proper stock levels.

·         Must organize the inventory in the most efficient and accessible manner and ensure that inventory can be reached and shipped quickly.

·         Responsible for keeping costs under control, which means minimizing shrinkage by ensuring that inventory is not stolen, destroyed, lost or counted incorrectly.

·         Constantly evaluate suppliers to ensure that the goods or services the company is receiving are of good quality.

·         Conducts interviews of prospective suppliers and check their customer service records to ensure that delays in processing or production will not affect the profits of the company.

·         Maintain good working relationships with suppliers and communicate concerns or problems to them.

·         Monitor general economic conditions to ensure that they are purchasing goods and services at competitive prices.

·         Should understand how shortages in materials or products can affect purchase prices and must communicate market fluctuations to other company employees to ensure profitability.

·         Provide accurate, timely, regular and relevant reports on:  inventory, received and dispatched goods, purchased goods and for casted purchase of goods.

Purchasing

Part of the responsibility of inventory purchasing officers is buying goods for the company, typically in bulk, directly from wholesale companies, manufacturers or suppliers.

·         Place orders through canvass letters, online or over the phone with existing suppliers, contact departments or branches with questions about supply requests and check on the whereabouts of supplies if there is a delay in shipping.

·         Regularly canvass goods and updates on prices and discounts on frequently purchased goods, especially in bulk, involving a lot of documentation and transactions.

·         Maintain proper records of all ordered and received goods, which includes preparing and processing purchase orders and requisitions.

·         Apply negotiating skills to buy goods from the best vendor at an optimal price

·         Resolve any disputes with contractors and suppliers.

·         Conduct research and identify prospective vendors, communicating with candidates to learn about available products and sales terms.

·         Represents the company's interests while he/she develops and finalizes contracts, policies and procedures with the supplier before placing an order for goods.

·         Predict the kind and amount of goods their company requires.

·         Formulate procedures that help the company achieve its goals by continually analyzing economic and social conditions, and monitoring inventory data and sales statistics.

·         Performs clerical tasks including but not limited to answering phones, making photocopies, sending faxes, email and the like.

 

·         Graduate of any (4) years Business related course

·         With at least 2 year(s) working experience in Property & Asset Management/Administrative skills.

Globaltech Mobile Online Corporation none Globaltech Mobile Online Corp. (formerly Sonic Channel Solutions, Inc.) is a wireless gaming system integrator and provider catering to the public sector.   It utilizes mobile network platforms to allow the integrated delivery of gaming products. It focuses on games that support revenue generation for the government’s charity programs and activities.   It was established in March 2006. Since then, it has been doing prospective investments and system development efforts in both manual and computerized gaming. Examples are Quickshot Bingo, a manual Bingo served at luxury inter-island sea vessels, computerized Stand-alone Bingo Machines, Keno game distribution and the like.   It has been providing the Philippine Charity Sweepstakes Office (PCSO) the only successful mobile online game management system using GPRS linked Point of Sales (POS) to manage the experimental Small Town Lottery (STL now called PCSO’s Loterya ng Bayan (PLB)) and ensure transparency in the game. This was an experiment started under a Live Proof of Concept environment.   The present PLB Mobile Game Management System is capable of carrying and serving numerous complementing products and services through an evolving nationwide network of Mobile POS supported sales agents, cashiers and wireless IT network.   Its management team consists of experienced managers and experts in the field of gaming and business involving nationwide Bingo, Lotto, Keno and other lottery games distribution and management as well as grassroot and barangay networking and project implementation operations.