
Strategic Procurement Specialist
1 day ago
About this role:
We are seeking a seasoned procurement professional to manage all aspects of purchasing, including sourcing materials, negotiating contracts, and ensuring timely delivery of goods.
The ideal candidate will have a strong background in procurement and a proven track record of successfully managing procurement processes.
Responsibilities include:
- Receiving Bill of Material from Design Department and obtaining quotations from vendors.
- Developing cash flow plans to support projects, including regular updates on costs incurred.
- Preparing comparative quotations for management review.
- Issuing purchase/work orders to vendors with appropriate payment terms and delivery conditions.
- Following up with the accounts team for release of advances and running payments to vendors as per terms.
- Ensuring timely material delivery by regular follow-up with vendors.
- Monitoring material inspection upon readiness.
- Coordinating with vendors and transporters for delivery of materials on time and in good condition.
- Tracking vendor invoices.
- Entering invoices into our system.
- Providing weekly financial project progress reports to management.
- Maintaining a database of vendors.
- Managing insurance policies for work, workers, and movement.
- Supporting Tender/BD team in costing of upcoming projects/Tenders.
- Working out project requirements regarding utilities, procurement activities, and monitoring overall operations for timely completion.
- Implementing and documenting procurement systems, managing commercial activities related to contracts, equipment, and other activities.
- Liaising with site project management to minimize communication gaps between the procurement department and end users for timely expedition of materials at project sites.
- Engaging with vendors, architects, and contractors, and monitoring expenses for optimal resource utilization.
- Providing management reports and key performance data, and managing relationships with existing and new suppliers.
Qualifications:
- A degree in Electrical or Mechanical Engineering, preferably with 7-10 years of experience in procurement.
- Familiarity with products, functions, application parts, and manufacturers.
- Knowledge of manufacturing processes and raw materials.
- Strong negotiation and analytical skills.
- Proficiency in MS Office, SAP, and Analytics.
Required Skills:
- Excellent negotiation and analytical skills.
- Proficiency in MS Office, SAP, and Analytics.
Preferred Skills:
- Familiarity with products, functions, application parts, and manufacturers.
- Knowledge of manufacturing processes and raw materials.
This is a fantastic opportunity to join our team and make a meaningful contribution to our organization's success.
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