Ellen Guerin, as a Buyer at Hevac LTD, your role is crucial in sourcing and managing supplies for the company. Currently, the company is performing well, with a steady increase in profits. However, there is a need to improve efficiency in the supply chain and reduce costs. Several suppliers have increased their prices recently, impacting the company's profit margins. It is recommended to negotiate better deals with existing suppliers or find alternative suppliers offering better prices. Also, implementing a more efficient inventory management system could significantly reduce operational costs.More...