Procurement/Contracts/cost manager

8 - 13 years

10 - 11 Lacs

Posted:11 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Strategic Sourcing
  • Develop and implement procurement strategies aligned with project goals
  • Identify and qualify vendors, suppliers, and subcontractors for project requirements
  • Establish and maintain strategic relationships with key suppliers and vendors
  • Conduct market research to understand supply trends, pricing, and availability
  • Create category management plans for different construction materials and services
Bid Management
  • Prepare comprehensive request for quotations (RFQs) and request for proposals (RFPs)
  • Develop detailed scopes of work and technical specifications for procurement packages
  • Organize and conduct pre-bid meetings and site visits for potential bidders
  • Evaluate technical and commercial bids through structured analysis
  • Lead negotiation processes to secure optimal commercial terms
Contract Administration
  • Draft and review procurement contracts and purchase orders
  • Ensure contracts include appropriate terms, conditions, and legal protections
  • Implement effective contract management systems and processes
  • Monitor contractor/supplier performance against contractual obligations
  • Manage contract modifications, variations, and extensions
Cost Management
  • Develop detailed procurement budgets aligned with overall project budget
  • Identify cost-saving opportunities through value engineering and bulk purchasing
  • Track procurement expenditures against budgets and report variances
  • Analyze and validate cost estimates from suppliers and subcontractors
  • Implement cost control measures for procurement activities
Supply Chain Management
  • Create and maintain procurement and delivery schedules aligned with project timeline
  • Coordinate logistics and material delivery to meet construction sequence requirements
  • Develop contingency plans for supply chain disruptions and material shortages
  • Monitor inventory levels and implement just-in-time delivery strategies
  • Coordinate material handling, storage, and protection requirements on site
Compliance & Risk Management
  • Ensure procurement activities comply with company policies and procedures
  • Adhere to relevant laws, regulations, and industry standards
  • Implement risk mitigation strategies for procurement-related risks
  • Conduct supplier due diligence and prequalification
  • Monitor and manage performance/payment bonds and insurance requirements
Vendor Relationship Management
  • Establish performance metrics and conduct regular supplier evaluations
  • Develop and maintain approved vendor lists with performance ratings
  • Resolve disputes and claims with suppliers and subcontractors
  • Conduct regular performance reviews with key suppliers
  • Foster collaborative relationships to drive continuous improvement
Documentation & Reporting
  • Maintain comprehensive procurement documentation for audit purposes
  • Generate regular procurement status reports for project stakeholders
  • Document lessons learned to improve future procurement processes
  • Prepare analyses of spending patterns and supplier performance
  • Create and maintain procurement dashboards for management visibility
Team Leadership
  • Manage procurement team members, assigning responsibilities and workloads
  • Develop team capabilities through training and knowledge sharing
  • Establish clear performance expectations and accountability
  • Foster collaboration between procurement and other project functions
  • Create standardized procurement procedures and best practices

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Jones Lang LaSalle (JLL)

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