Purchase Manager

Job Description

Procurement Planning: Develop and implement procurement strategies in alignment with project requirements and company objectives. Forecast procurement needs based on project timelines and budget constraints. Supplier Management: Identify and evaluate potential suppliers and vendors. Establish and maintain strong relationships with suppliers. Conduct regular supplier performance evaluations. Negotiation and Contract Management: Negotiate terms, pricing, and contracts with suppliers to secure the best deals. Ensure all contracts comply with legal and regulatory requirements. Manage and resolve any disputes with suppliers. Inventory Management: Monitor and manage inventory levels to ensure sufficient stock without over-accumulation. Coordinate with project managers and site teams to track material usage and forecast needs. Implement inventory control systems to minimize waste and optimize storage. Quality Control: Ensure all procured materials meet the required quality standards and specifications. Coordinate with the quality assurance team to inspect and verify materials upon delivery. Budget Management: Monitor and manage procurement budgets. Identify cost-saving opportunities without compromising on quality. Prepare regular reports on procurement activities, spend analysis, and budget variances. Compliance and Risk Management: Ensure all procurement activities comply with internal policies and external regulations. Identify and mitigate risks associated with procurement processes. Team Management: Supervise and mentor junior procurement staff. Foster a collaborative and efficient working environment within the procurement team. Qualifications and Skills: Education: Bachelor s degree in business administration, Supply Chain Management, or a related field. A master s degree or relevant professional certification (e.g., CPSM, CIPS) is a plus. Experience: Minimum of 10 years of experience in procurement or purchasing, preferably in the real estate or construction industry. Skills: Strong negotiation and contract management skills. Excellent communication and interpersonal abilities. Proficiency in procurement software and tools. Strong analytical and problem-solving skills. Ability to work under pressure and meet tight deadlines. Attention to detail and high level of accuracy. Knowledge: In-depth understanding of procurement best practices and supply chain management. Knowledge of market trends, material specifications, and quality standards in the real estate industry. Working Conditions: Primarily office-based with occasional site visits. May require travel to meet with suppliers and vendors. Performance Metrics: Cost savings achieved through effective procurement strategies. Supplier performance and reliability. Inventory turnover rate and stock levels. Compliance with procurement policies and procedures. Timeliness and accuracy of procurement reports and documentation.