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Purchase Manager

7 months ago

Hyderabad, India Lansum Properties llp Full time

The Purchase Manager will 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. We offer a competitive salary reflective of industry standards.

Tasks

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.
Requirements

Qualifications:

  • 8 - 15 years of procurement experience in the real estate or construction industry.
  • Residential purchase experience is essential.
  • Strong Proficiency in MS Office (Excel, Word).
  • Experience in preparing MIS reports as per management requirements.
  • Strong knowledge of procurement processes, vendor management, and supply chain management.
  • Excellent negotiation and communication skills.
  • Proficient in procurement software (ERP) and other relevant tools.
  • BE, BTech or Master's degree in Business Administration, Supply Chain Management, or a related field (preferred).
  • Good Analytical skills to review the quotations and understand the intricacies.
  • Financial acumen to grasp the impact of procurement decisions on the overall budget.
  • Strategic thinking to develop and implement cost-effective procurement plans that align with the organization's goals.
  • Maintaining ethical standards in procurement practices ensures transparency, fairness, and integrity, which is crucial for long-term success and cost management.
  • Being adaptable to changes in the market, industry regulations, or organizational priorities allows for agility in adjusting procurement strategies for optimal cost management.
  • Good understanding on National Building Code (NBC) of construction
Benefits

School bills, etc