Key Responsibilities :
Strategic Procurement Management :
- Develop and implement procurement strategies aligned with project objectives and timelines.
- Source and evaluate suppliers of high-quality materials and services, ensuring compliance with project specifications and budget constraints.
- Negotiate contracts and pricing agreements to secure favorable terms and cost savings.
Vendor Relationship Management :
Establish and maintain strong relationships with key suppliers and subcontractors.Monitor supplier performance to ensure adherence to quality standards, delivery schedules, and contractual obligations.Resolve any issues or disputes promptly to maintain project continuity.Inventory and Supply Chain Oversight :
Manage inventory levels to ensure the availability of materials without overstocking.Coordinate logistics to ensure timely delivery of materials to the construction site.Implement inventory control measures to minimize waste and reduce costs.Collaboration with Project Teams :
Work closely with project managers, architects, and other stakeholders to understand material requirements and project specifications.Provide timely updates on procurement status and address any concerns related to materials or suppliers.Ensure that all procurement activities align with project schedules and quality expectations.Compliance and Documentation :
Maintain accurate records of all procurement activities, including purchase orders, contracts, and invoices.Ensure compliance with company policies, industry standards, and regulatory requirements.Prepare and present regular reports on procurement activities and expenditures to senior management(ref : iimjobs.com)