Contracts and Procurement Engineer

1 day ago

Mumbai, Maharashtra, India Larsen & Toubro Ltd Full time ₹ 5,00,000 - ₹ 12,00,000 per year

Contracts and Procurement Engineer

The 'Precast Works Competency Centre' (PWCC) operates as a capability-based competency centre as part of a strategic initiative of the L&T Construction Group. It aims to achieve excellence in precast works through world-class skill, quality, and safety. The centre is supported by a highly productive lean team that leverages state-of-the-art technology to ensure cost-effective and timely execution. The initiative is geared towards enhancing long-term growth prospects and fulfilling the business needs of the L&T Construction Group. The centre focuses on improving efficiency and timely execution, fostering innovation, adopting futuristic technologies, building functional expertise, and embracing digital solutions. As the Learning and Organizational Development Lead at PWCC, you will be instrumental in devising and executing comprehensive capability-building programs that support the company's strategic goals for precast projects.

Key Deliverables:

  1. Contract Management – For large tender analyse contracts and review terms and conditions, eligibility criteria, and qualifications as well as bid offers as applicable. Identify risks and opportunities. Review for additional scope and items that can be converted to Precast.

  2. Review, evaluate, and manage contract terms and conditions to mitigate risks and ensure compliance.

  1. Review costing to build efficient price bid offers

  1. Cost Control: Assist ICs to monitor expenses and supplier terms to maintain budgetary control and cost-effectiveness.

  1. Procurement Management: Oversee procurement activities materials and services, ensuring timely and cost-effective acquisition across ICs

  1. Supplier Sourcing: Identify and evaluate specialised suppliers in precast works to ensure high quality, reliability, and cost-efficiency of materials and services.

  1. Rate Negotiation: Assist ICs to negotiate contracts and purchase agreements to secure favourable terms and conditions.

  1. Project Collaboration: Work closely with ICs to align procurement with material requirements and project timelines.

  1. Cost Control: Assist ICs to monitor expenses and supplier terms to maintain budgetary control and cost-effectiveness.

  1. Rate Standardization: Network with various vendors to complete rate analysis and come up with standardized rates in different categories that can be shared with all ICs involved

  1. Compliance: Ensure adherence to company policies, industry regulations, and quality standards.

  1. Technology Integration: Support the adoption of new technologies and best practices in procurement processes.

  1. Digital: Adopt various Digital and AI tools to read contracts, rate quotations and T&Cs to improve efficiency

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