Procurement Manager
7 months ago
**About the Procurement Manager position**:
You should be well-versed in all supply chain methodologies and procedures and able to coordinate a team of professionals of different disciplines to achieve the best results. An analytical mind and great organizational skills are also required.
**Procurement Manager Responsibilities Are**:
- **Procurement Strategy Development**: Develop and implement procurement strategies to support construction projects, ensuring cost-effectiveness, quality, and timely delivery of materials and services.
- ** Supplier Identification and Management**: Identify potential suppliers, conduct supplier evaluations, negotiate contracts, and manage supplier relationships to ensure reliability, quality, and competitive pricing.
- ** Material Sourcing and Purchasing**: Source and purchase construction materials and equipment in accordance with project requirements and budgetary constraints. Coordinate with project managers to determine material needs and timelines.
- ** Contract Management**: Draft, review, and negotiate contracts with suppliers and subcontractors. Ensure compliance with contractual terms and conditions, including pricing, delivery schedules, and quality standards.
- ** Cost Analysis and Budgeting**: Analyze procurement costs and trends to identify opportunities for cost savings and process improvements. Develop and manage procurement budgets for construction projects.
- ** Risk Management**: Assess and mitigate procurement risks, such as supply chain disruptions, price fluctuations, and quality issues. Implement contingency plans to minimize project delays and cost overruns.
- ** Quality Control**: Collaborate with quality assurance teams to ensure that purchased materials and services meet project specifications and industry standards. Address any quality issues or non-conformities in a timely manner.
- ** Vendor Performance Evaluation**: Monitor vendor performance against key performance indicators (KPIs) and contractual obligations. Conduct periodic vendor reviews and provide feedback for continuous improvement.
- ** Compliance and Regulations**: Ensure compliance with relevant laws, regulations, and industry standards governing procurement practices in the construction sector. Stay updated on changes in regulations and incorporate them into procurement processes.
- ** Documentation and Reporting**: Maintain accurate records of procurement activities, including contracts, purchase orders, invoices, and correspondence. Generate regular reports on procurement performance, cost savings, and vendor performance metrics.
**Procurement Manager Requirements Are**:
- Bachelor's degree in Mechanical Engineering, Master's degree preferred.
- Minimum of 15 years of experience in procurement department within the construction industry.
- Strong knowledge of construction materials, equipment, and suppliers.
- Proven track record of negotiating contracts and managing supplier relationships.
- Excellent analytical and problem-solving skills.
- Proficiency in procurement software and tools.
- Ability to communicate effectively with internal stakeholders and external vendors.
- Strong attention to detail and organizational skills.
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