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Procurement Manager

3 months ago

Mumbai, India The BNK Group Full time

Role Statement:                    

· Heading purchase and procurement activities of the organization, ensuring timely and economical availability of materials desired quality standards & specifications.

· Ensuring considerable cost savings for the organization through development of alternate vendor sources & contractors.


Job Responsibilities:

Material Procurement

· Coordinate with the Project Managers for getting the BOQ of materials required, along with the timelines.

· Float the enquiries to the empaneled vendors & seek quotations from them.

· Negotiate with the vendors for finalizing the cost, payment terms & delivery schedules.

· Create PO with necessary approvals from the Director – Contracts & send to ED.

· Send PO to suppliers/ vendors.

Coordination

· Proactively coordinate with Project Managers to gather requirements.

· Coordinate with the vendors for the timely receipt of material.

· Inform the respective Project Manager & Site Supervisor about the delivery of material at the site.

· Ensure that the material is inspected at the site for adherence to specification, quantity & ensuring no damage during transportation.

· In case of material rejected by the site engineer, connect with vendors and resolve the issue.

· Visit sites intermittently to keep in touch with the needs.

· Coordinate with Director – Contracts for timely approvals of vendor invoices & follow up with Executive – Contracts so that their payments are released as per the agreed schedule.

Vendor development & Relationship management

· Identify & nurture new vendors as a backup plan or to work on effectiveness parameters like the cost, quality and turnaround time of material availability.

· Build effective relationships with the vendors to ensure that they prioritize BNK requirements & support in case of urgencies, if any.


Cost Optimization

· Keep up with the market trends & costing of products. Keep identifying the best price.

· Under the guidance of Director – Contracts, develop alternate sources / products through vendors and appoint new vendors as part of substitution, cost reduction efforts.