Sr. Manager/ Manager - Purchase

Key Responsibilities:

1. Procurement Planning & Strategy

• Develop and implement purchasing strategies aligned with project timelines and budgets.
  
• Forecast material requirements based on project schedules and coordinate with project managers and site engineers.
  
• Plan annual and project-wise purchase budgets and monitor cost control.
  

2. Vendor Management

• Identify, evaluate, and empanel reliable vendors and suppliers for construction materials, finishes, MEP items, and services.
  
• Negotiate pricing, payment terms, and delivery schedules to achieve best value procurement.
  
• Maintain strong supplier relationships to ensure timely delivery and quality compliance.
  
• Periodically review vendor performance and update the approved vendor list.
  

3. Purchase Execution

• Prepare and process purchase orders (POs) and work orders (WOs) as per company policy.
  
• Ensure adherence to approval hierarchy and documentation protocols.
  
• Coordinate with accounts and project teams for material receipt, inspection, and payment processing.
  
• Track purchase orders to ensure timely delivery and resolve any discrepancies or delays.
  

4. Cost Control & Budgeting

• Maintain strict control over material costs and ensure purchases are within approved budgets.
  
• Analyze market trends and price fluctuations to optimize procurement costs.
  
• Contribute to value engineering initiatives by suggesting alternative materials/vendors without compromising quality.
  

5. Inventory & Material Management

• Coordinate with store and site teams to ensure adequate stock levels of critical materials.
  
• Monitor slow-moving or non-moving inventory and take corrective actions.
  
• Implement systems for tracking inward/outward material movement and reconciliation.
  

6. Compliance & Documentation

• Ensure all procurement activities comply with company policies, statutory requirements, and audit standards.
  
• Maintain proper documentation quotations, comparison sheets, purchase orders, vendor agreements, and invoices.
  
• Support internal and external audits with complete purchase records.
  

7. Coordination & Reporting

• Liaise with project, engineering, accounts, and management teams for procurement planning and status updates.
  
• Provide regular MIS reports on procurement status, cost savings, and vendor performance.
  
• Escalate critical procurement issues to management with recommendations for resolution.
  

Key Skills & Competencies:

• Strong negotiation and communication skills.
  
• Knowledge of construction materials, vendors, and market rates.
  
• Excellent planning, coordination, and analytical abilities.
  
• Proficiency in ERP / procurement software (SAP, Tally, MS Excel, etc.).
  
• Integrity, cost consciousness, and time management.
  

Qualifications & Experience:

• Bachelor’s degree.
  
• MBA or Diploma in Materials Management (preferred).
  
• Minimum

  12-15 years

  of experience in procurement, preferably in

  real estate / construction industry

  .