Procurement refers to activities undertaken by an organisation or a multinational company to obtain products, services and goods from different suppliers, at the best possible price range. Procurement is a business strategy that is being practised globally. The companies in the United Kingdom often employ procurement freelancer UK to help them in the process of procurement of goods and services. They remain aware of the market trends and negotiate the prices with the suppliers, on behalf of the company. They also help the companies to develop profitable purchasing and marketing strategies to procure resources.
Role of Procurement Agents
Procurement often accounts for the majority of the revenue earned by the companies. It is a component of the greater phenomenon of sourcing and acquisition of resources. The procurement procedure involves coming to an agreement on both the ends of the supplier and the company, which is often executed through a competitive bidding process. The procurement agent UK acts as a mediator between the company and the supplier. He/she ensures that the company gets the required goods and services, of the best quality, at the lowest possible prices, within the given timeline. They carry out research on the suppliers, on behalf of the company, and evaluate the reliability and quality of the suppliers.
Importance of Freelancing in Procurement
Freelancing in various sectors gives you the chance to work from home where you can schedule your own working hours and control the workload. Freelancers are not directly linked with any one company, and thus may work for various companies and clients, focusing on one work or project at a time. Freelancing is gaining popularity worldwide because, in a way, it allows you to be your own boss at the professional level. In procurement, the procurement freelancer UK is engaged in various freelancing work. The main difference between procurement agents and procurement freelancers is that the former is directly linked to one particular company; whereas, the latter can work on behalf of several companies, concentrating on one project at a time. Freelancers do not have to follow all the norms and regulations of the companies.
Duties of Procurement Agents
The main job duties and responsibilities of procurement agents are:
- They are responsible for overseeing and analyse the performance of the suppliers of the products and services and see that these meet all the requirements and parameters of the company.
- The procurement agents have to negotiate with the suppliers, on behalf of the company, in an efficient way so that prime products and services are obtained and procured at low prices.
- They conduct supervision and audits on suppliers, monitor their developmental processes and submit all the reports and reviews to the company.
- They act ads the bridge between the company and the supplier and thus helps to maintain a healthy professional relationship.
Performing freelancing work as a procurement agent UK gives you the opportunity to grow and develop your skills in several ways. You are rewarded with every work you do, which helps to boost your confidence and love the work that you are doing.