
Materials Procurement Specialist
2 days ago
About the role:
This is a key leadership position responsible for managing procurement activities across multiple projects.
- Lead procurement teams to receive Bills of Materials from Design Departments and solicit quotations from vendors.
- Develop cash flow plans to support project execution, including regular updates on incurred costs.
- Present comparative quotations to management for decision-making purposes.
- Release purchase/work orders to vendors with appropriate payment terms and delivery conditions.
- Collaborate with accounts teams for release of advances and running payments to vendors.
- E nsure timely material delivery by conducting regular follow-ups with vendors.
- Coordinate with vendors for material inspection upon readiness.
- Follow up with vendors and transporters for delivery of materials on time and in good condition.
- Process vendor invoices and enter them into SAP systems.
- Provide weekly financial project progress reports to management.
- Maintain databases of vendors.
- Cover work-related liabilities.
- Support tender/BD teams in costing upcoming projects/tenders.
- Determine project requirements for utilities, procurement activities, and overall operations to ensure timely completion.
- Implement and document procurement systems, manage commercial activities related to contracts, equipment, and other activities.
- Liaise with site project management to minimize communication gaps between the procurement department and end-users.
- Negotiate with vendors, architects & contractors, and monitor expenses with optimal resource utilization.
- Deliver management reports and key performance data, and manage relationships with existing and new suppliers.
Key Qualifications:
- Bachelor's Degree in Electrical or Mechanical Engineering with 7 to 10 years of experience in Procurement.
- Awareness of products, functions, application parts, and manufacturers.
- Knowledge of manufacturing processes and raw materials.
- Excellent negotiation and analytical skills.
- Proficiency in MS Office, SAP, and Analytics.
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