Procurement Director

4 weeks ago

Hyderabad, Telangana, India Lansum Properties llp Full time
Job Description

Lansum Properties llp is seeking a highly skilled Purchase Manager to lead and oversee the procurement process for our real estate and construction projects. The ideal candidate should possess 8-15 years of procurement experience, with a strong focus on the construction and materials industry.

Key Responsibilities
  • Procurement Planning:
    • Collaborate with project managers to comprehend procurement requirements.
    • Gain a thorough understanding of the requirements and technical requirements of the product or service.
    • Develop procurement plans for timely and cost-effective material, equipment, and service procurement.
    • Conduct market research to identify potential suppliers and maintain a robust supplier database.
  • Supplier Management:
    • Evaluate suppliers based on quality, reliability, and cost-effectiveness.
    • Negotiate and manage supplier contracts.
    • Monitor supplier performance, resolving any issues promptly.
    • Cultivate strong relationships with suppliers for material and service availability.
    • Updating of supplier database with the latest entrants and the evolving technologies relevant to the industry
  • Purchase Order Management:
    • Review and convert purchase requisitions into accurate and complete purchase orders.
    • Monitor and track purchase orders to ensure on-time delivery.
    • Coordinate with project teams and suppliers to resolve delivery or quality issues.
  • Cost Management:
    • Analyze market trends, prices, and supplier performance for cost-saving opportunities.
    • Implement cost control measures without compromising quality.
    • Conduct periodic audits for compliance with procurement policies.
    • Analyze every material or product to ensure the pricing is appropriate for the product procured.
  • Inventory Management:
    • Manage inventory levels for optimal stock availability.
    • Coordinate with warehouse and project teams to track and reconcile inventory.
    • Implement inventory control measures to minimize stock-outs and excess inventory.
  • Compliance and Documentation:
    • Ensure compliance with company policies, procurement regulations, and applicable laws.
    • Maintain accurate procurement records and documentation.
    • Prepare reports and provide updates on procurement activities to management.

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