- Thorough technical knowledge in Civil Construction & Fabrication field
- Preliminary interest & knowledge in AI to integrate & setup AI related systems for purchase.
- Experience & knowledge to use B2B purchasing platforms.
- Setup systems with vendors & companies for Annual rate contracts (ARC)
- Setup systems for requisition from different departments
- Develop and implement purchasing strategies to optimize cost, quality, and delivery.
- Source and evaluate suppliers, vendors, and service providers.
- Prepare and process purchase orders in accordance with company policies.
- Negotiate contracts, pricing, payment terms, and delivery schedules.
- Monitor market trends and identify cost-saving opportunities.
Supplier Management
- Build and maintain strong relationships with suppliers.
- Conduct supplier performance evaluations and audits.
- Resolve supplier-related issues regarding quality, delivery, and pricing.
- Identify and onboard recent suppliers as required.
Cost Control & Budget Management
- Track procurement budgets and expenditures.
- Analyze purchasing data and prepare cost-saving reports.
- Ensure procurement activities align with approved budgets.
Compliance & Documentation
- Maintain accurate procurement records, contracts, and vendor documentation (Team work)
- Ensure compliance with company policies, legal requirements, and procurement standards (Team work)
- Prepare procurement reports and management dashboards.
Team Coordination
- Lead and supervise procurement staff.
- Coordinate with finance, operations, logistics, and production departments.
- Train team members on procurement processes and best practices
Key Performance Indicators (KPIs)
- Honesty & Integrity
- Team Performance
- Team Spirit & efficiency
- Procurement cost savings achieved.
- New Vendor should be on boarded every week.
- On-time supplier delivery rate.
- Inventory turnover ratio.
- Purchase order processing time.
- Supplier performance ratings.
- Reduction in procurement-related risks and delays.