Procurement Officer

3 days ago

Mumbai Central Mumbai Maharashtra, India Al Bany International LLC Full time

**Key Responsibilities**:

- Develop and implement procurement strategies to ensure cost-effective purchasing and timely delivery of materials and services.
- Identify and evaluate potential suppliers, negotiate contracts, and establish long-term relationships with key vendors.
- Prepare and process purchase orders, requisitions, and other procurement documents in compliance with company policies and procedures.
- Monitor and manage inventory levels to ensure the availability of necessary materials while minimizing excess stock.
- Coordinate with project managers, engineers, and other departments to understand project requirements and specifications.
- Conduct market research and analysis to stay updated on industry trends, pricing, and supply chain dynamics.
- Ensure compliance with relevant regulations, standards, and quality requirements.
- Resolve any issues or discrepancies related to procurement processes, such as delivery delays, quality concerns, or invoice discrepancies.
- Maintain accurate and up-to-date procurement records, including supplier information, contracts, and purchase orders.
- Prepare regular reports on procurement activities, cost savings, and supplier performance.

**Educational Qualifications**:

- Bachelor's degree or Diploma in Supply Chain Management, Business Administration, Engineering, or a related field

**Experience and Skills**:

- **Minimum of 3-5 years of experience in procurement, preferably within the construction or EPC industry.**:

- Strong understanding of procurement principles, supply chain management, and contract negotiation.
- Excellent communication and interpersonal skills, with the ability to build and maintain effective relationships with suppliers and internal stakeholders.
- Proficiency in procurement software and tools, as well as Microsoft Office Suite (Word, Excel, PowerPoint).
- Strong analytical and problem-solving skills, with a keen attention to detail.
- Ability to work independently and as part of a team in a fast-paced environment.
- Knowledge of local and international procurement regulations and standards.

**Experience**:

- EPC procurement: 5 years (required)

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