Procurement Manager

2 days ago

India beBeeprocurement Full time US$ 80,000 - US$ 1,00,000
Job Description

The Procurement Manager will be responsible for managing procurement operations to ensure timely delivery of quality materials while optimizing costs.

Main Responsibilities:
  1. Procurement Strategy & Supplier Management
  • Develop and implement effective procurement strategies to achieve cost savings, improve quality, and reduce delivery timelines.
  • Evaluate and select suitable suppliers based on their performance, financial stability, and market position.
  • Negotiate contracts with suppliers to secure the best value for the company.
  • Maintain a database of suppliers, continuously assessing their performance and compliance.
Engineering & Technical Procurement
  • Collaborate closely with engineering and project teams to understand technical requirements for materials and equipment.
  • Ensure purchased materials meet engineering specifications, industry standards, and safety regulations.
  • Review and approve technical documents, material submittals, and compliance certifications.
  • Conduct market research to identify cost-effective alternatives and innovative materials.
Cost Control & Budget Management
  • Monitor procurement budgets and drive initiatives to reduce costs without compromising quality.
  • Analyze procurement data to identify opportunities for cost reduction and supplier performance improvement.
  • Forecast pricing trends and market fluctuations to mitigate financial risks.
Logistics & Supply Chain Coordination
  • Ensure timely delivery of materials by coordinating with suppliers and logistics teams.
  • Optimize supply chain processes to minimize delays and disruptions.
  • Oversee international and domestic shipping, customs regulations, and import/export requirements.
Compliance & Risk Management
  • Ensure adherence to company policies, industry standards, and legal requirements.
  • Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.
  • Manage contract disputes, warranties, and claims in collaboration with legal teams.
Technology & Reporting
  • Utilize procurement software and ERP systems to streamline purchasing workflows.
  • Generate reports on procurement performance, supplier KPIs, and cost savings.
  • Implement digital tools to enhance procurement efficiency and transparency.

Deliverables & Work Products:

  • RFQs/RFPs & PO Documentation
  • Order Tracking & Delivery Reports
  • Supplier Evaluation & Negotiation Summaries
  • Inventory & Cost Tracking Reports
  • Procurement Compliance & Audit Files

Requirements:

  • Experience in procurement (construction/fabrication industry preferred)
  • Strong negotiation & vendor management skills
  • Proficiency in procurement software & Excel
  • Attention to detail with a focus on cost control & efficiency

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