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Supply Chain Procurement Leader
2 months ago
The Procurement Manager will be responsible for the oversight of sourcing, purchasing, and management of essential materials, equipment, and services required for significant construction and industrial initiatives. This position demands a strategic mindset, exceptional negotiation capabilities, and extensive knowledge of the construction and industrial domains. The successful candidate will ensure that all procurement processes are efficient, timely, and adhere to industry standards and organizational policies.
Key Responsibilities:
- Formulate and execute procurement strategies that align with project schedules, financial plans, and corporate objectives.
- Assess and select potential suppliers, subcontractors, and service providers with expertise in the construction and industrial fields.
- Evaluate market trends and conditions to proactively manage supply chain challenges.
- Build and sustain robust relationships with key suppliers and vendors to guarantee a consistent and high-quality supply of materials and services.
- Conduct regular evaluations of supplier performance and negotiate contracts to secure advantageous terms, including pricing, delivery timelines, and payment conditions.
- Address any disputes or issues with suppliers promptly and effectively.
- Draft, review, and negotiate contracts with suppliers and subcontractors, ensuring adherence to legal and regulatory standards.
- Oversee contract renewals, modifications, and terminations in accordance with project requirements and company guidelines.
- Ensure comprehensive documentation and tracking of all procurement activities to maintain transparency and accountability.
- Monitor and manage procurement expenditures to remain within budget while fulfilling project demands.
- Collaborate closely with finance and project management teams to forecast procurement costs and mitigate financial risks.
- Identify opportunities for cost savings without compromising quality or project timelines.
- Recognize potential risks within the supply chain and devise strategies to minimize disruptions.
- Ensure compliance with health, safety, and environmental regulations throughout all procurement activities.
- Conduct risk assessments for critical suppliers and materials, particularly those affecting project delivery.
- Lead and mentor a team of procurement specialists, ensuring they possess the necessary skills and knowledge for effective performance.
- Encourage a collaborative and results-driven work environment within the procurement team.
- Provide ongoing training and development opportunities for team members.
- Prepare regular reports on procurement activities, including expenditure analysis, supplier performance, and market conditions.
- Offer insights and recommendations to senior management based on procurement data and trends.
- Utilize procurement software and tools to enhance efficiency and accuracy in purchasing processes.
Qualifications:
- Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related discipline. A master's degree is advantageous.
- A minimum of 7 years of experience in procurement, with at least 3 years in a managerial capacity within the construction or industrial sector.
- Demonstrated experience in large-scale construction or industrial projects, with a solid understanding of the specific procurement requirements of these industries.
Skills:
- Exceptional negotiation and contract management abilities.
- Thorough knowledge of procurement best practices and supply chain management.
- Proficient in procurement software and tools (e.g., SAP, Oracle).
- Outstanding communication and interpersonal skills.
- Capability to manage multiple projects and priorities in a dynamic environment.