Purchase Manager

The Purchase Manager will lead and oversee the procurement process for our real estate and construction projects. The ideal candidate should possess 8-15 years of procurement experience, with a strong focus on the construction and materials industry. We offer a competitive salary reflective of industry standards.

Procurement Planning:

• Collaborate with project managers to comprehend procurement requirements.
• Gain a thorough understanding of the requirements and technical requirements of the product or service.
• Develop procurement plans for timely and cost-effective material, equipment, and service procurement.
• Conduct market research to identify potential suppliers and maintain a robust supplier database.

Supplier Management:

• Evaluate suppliers based on quality, reliability, and cost-effectiveness.
• Negotiate and manage supplier contracts.
• Monitor supplier performance, resolving any issues promptly.
• Cultivate strong relationships with suppliers for material and service availability.
• Updating of supplier database with the latest entrants and the evolving technologies relevant to the industry

Purchase Order Management:

• Review and convert purchase requisitions into accurate and complete purchase orders.
• Monitor and track purchase orders to ensure on-time delivery.
• Coordinate with project teams and suppliers to resolve delivery or quality issues.

Cost Management:

• Analyze market trends, prices, and supplier performance for cost-saving opportunities.
• Implement cost control measures without compromising quality.
• Conduct periodic audits for compliance with procurement policies.
• Analyze every material or product to ensure the pricing is appropriate for the product procured.

Inventory Management:

• Manage inventory levels for optimal stock availability.
• Coordinate with warehouse and project teams to track and reconcile inventory.
• Implement inventory control measures to minimize stock-outs and excess inventory.

Compliance and Documentation:

• Ensure compliance with company policies, procurement regulations, and applicable laws.
• Maintain accurate procurement records and documentation.
• Prepare reports and provide updates on procurement activities to management.

Qualifications:

• 8 - 15 years of procurement experience in the real estate or construction industry.
• Residential purchase experience is essential.
• Strong Proficiency in MS Office (Excel, Word).
• Experience in preparing MIS reports as per management requirements.
• Strong knowledge of procurement processes, vendor management, and supply chain management.
• Excellent negotiation and communication skills.
• Proficient in procurement software (ERP) and other relevant tools.
• BE, BTech or Master's degree in Business Administration, Supply Chain Management, or a related field (preferred).
• Good Analytical skills to review the quotations and understand the intricacies.
• Financial acumen to grasp the impact of procurement decisions on the overall budget.
• Strategic thinking to develop and implement cost-effective procurement plans that align with the organization's goals.
• Maintaining ethical standards in procurement practices ensures transparency, fairness, and integrity, which is crucial for long-term success and cost management.
• Being adaptable to changes in the market, industry regulations, or organizational priorities allows for agility in adjusting procurement strategies for optimal cost management.
• Good understanding on National Building Code (NBC) of construction

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