Project Procurement Manager

5 - 9 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Procurement Specialist, you will be responsible for managing vendor relationships by identifying and qualifying new suppliers based on quality, cost, and delivery criteria. You will maintain strong relationships with existing suppliers to ensure continuous supply and timely delivery of goods and services. Additionally, you will be tasked with evaluating vendor performance and managing supplier contracts effectively. Your role will also involve developing and implementing procurement strategies and plans based on project requirements. You will work closely with project managers and engineers to understand technical specifications and procurement needs to ensure the successful execution of projects. Negotiation skills will be crucial as you will be responsible for negotiating pricing, terms, and conditions with vendors to secure the best value for the project. You will also be required to draft, review, and finalize procurement contracts in compliance with company policies and legal guidelines. Monitoring procurement expenses and comparing them against the project budget will be part of your responsibilities to ensure cost-effectiveness. You will identify potential cost savings opportunities without compromising on quality or timelines. In terms of documentation and compliance, you will prepare and maintain purchase orders, contracts, and other procurement-related documentation. It is essential to ensure compliance with company policies, industry regulations, and project-specific requirements. Risk management will also be a key aspect of your role as you will be required to identify and mitigate procurement-related risks. Developing contingency plans for potential delays in material supply will be crucial to ensure project continuity. Reporting plays a significant role in this position, as you will provide regular reports on procurement activities, cost analysis, and supplier performance. Escalating issues that may impact project delivery or budget to senior management will be part of your responsibilities to ensure the successful completion of projects.,

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