Senior Purchasing Manager

8 - 12 years

0 Lacs

Posted:4 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You should have a minimum of 8-10 years of experience in procurement, including 5+ years in a senior role, preferably within the real estate or construction industry. As a Procurement professional, your responsibilities will include developing and implementing purchasing strategies that align with the company's goals and project timelines. You will need to forecast procurement needs based on construction schedules and project requirements, as well as establish and maintain procurement budgets to ensure cost-effective purchasing and optimal resource allocation. Vendor management will be a key aspect of your role, involving identifying, evaluating, and building relationships with new suppliers and contractors. You will negotiate contracts and prices with vendors for materials, labor, and services, and evaluate vendor performance based on quality, cost, delivery timelines, and compliance with contracts. Additionally, you will be responsible for managing disputes or issues with suppliers and resolving them promptly. In terms of purchasing and order management, you will oversee the entire purchasing process, which includes creating purchase orders, approving orders, and ensuring timely delivery of materials. It will be crucial to ensure the correct quantity and quality of materials are delivered to meet construction deadlines and work closely with the project management team to track material usage and reorder as needed. Budget control and cost optimization will also fall under your purview, requiring you to monitor and control procurement expenses within the assigned budget. You will need to ensure that cost-effective procurement practices are followed and identify opportunities for cost savings. Regular audits of procurement activities will be necessary to ensure compliance with internal controls and policies. As a team leader, you will be responsible for leading, mentoring, and developing the purchasing team to ensure efficient and effective procurement operations. Setting performance goals, providing feedback, and conducting performance appraisals for team members will be essential tasks. You will also need to foster a collaborative working environment across teams, including construction, finance, and legal. Reporting and documentation are crucial aspects of the role, involving preparing regular reports on procurement activities, costs, vendor performance, and savings achieved. Maintaining an organized and accurate procurement database, including supplier information, contract documents, and purchase orders, will be necessary. You will also need to track inventory levels and ensure timely replenishment to avoid project delays. Collaboration with internal stakeholders, such as project managers, engineers, and architects, will be important to understand specific project requirements and timelines. Ensuring that the purchasing process aligns with the overall project schedule and working with the finance team to ensure proper allocation and tracking of procurement expenses will be critical. Risk management is another key area of responsibility, requiring you to identify potential supply chain risks and develop mitigation plans. Ensuring that contingency plans are in place to address any disruptions in the supply of materials or services will be essential to the success of the procurement function.,

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