Procurement & Contracts

4 days ago

Bengaluru Karnataka, India Lambsrock Full time

**Job Title**:Procurement & Contracts

**Location**: Bangalore

**Department**: Procurement & Contracts

**Position Summary**:
**Key Responsibilities**:

- **Procurement** Management**:

- Source and evaluate suppliers for materials, services, and equipment required for projects.
- Lead the preparation and issuance of Requests for Proposals (RFPs), Requests for Quotations (RFQs), and other tender-related documentation.
- Negotiate terms and conditions with suppliers and vendors.
- Ensure timely procurement of goods and services in line with project schedules and budgets.
- **Contract Administration**:

- Assist in the preparation, review, and execution of contracts.
- Monitor contract performance to ensure compliance with terms and conditions.
- Track procurement progress and resolve any issues related to contract fulfillment.
- Ensure that all contracts and purchase orders are properly documented and recorded.
- **Vendor & Stakeholder Management**:

- Build and maintain relationships with key suppliers, contractors, and internal stakeholders.
- Resolve disputes and concerns with vendors promptly.
- Coordinate with project teams to understand project-specific requirements and challenges.
- **Compliance & Reporting**:

- Ensure compliance with company policies, legal requirements, and industry standards in procurement and contracts.
- Maintain accurate procurement records and provide reports on procurement activities and contract performance.
- Ensure that procurement processes adhere to quality standards, timelines, and budgets.
- **Budget & Cost Control**:

- Assist in the preparation of procurement budgets and cost estimates.
- Monitor and control costs to ensure procurement is within the approved budget.

**Qualifications**:

- **Education**:

- B.Tech in Civil, Electrical, or Mechanical Engineering.
- **Experience**:

- 3 to 5 years of experience in procurement and contract management, ideally within the construction industries.
- **Skills & Knowledge**:

- Strong knowledge of procurement processes, contract negotiation, and vendor management.
- Ability to manage multiple tasks and prioritize effectively.
- Strong analytical and problem-solving skills.
- Excellent communication and negotiation skills.
- Understanding of construction or engineering project requirements and specifications.
- Familiarity with procurement software and contract management systems.
- **Preferred Skills**:

- Certification in procurement or contract management (e.g., CIPS, PMP) is a plus.

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