Strategic Sourcing
- Develop and implement procurement strategies aligned with project goals
- Identify and qualify vendors, suppliers, and subcontractors for project requirements
- Establish and maintain strategic relationships with key suppliers and vendors
- Conduct market research to understand supply trends, pricing, and availability
- Create category management plans for different construction materials and services
Bid Management
- Prepare comprehensive request for quotations (RFQs) and request for proposals (RFPs)
- Develop detailed scopes of work and technical specifications for procurement packages
- Organize and conduct pre-bid meetings and site visits for potential bidders
- Evaluate technical and commercial bids through structured analysis
- Lead negotiation processes to secure optimal commercial terms
Contract Administration
- Draft and review procurement contracts and purchase orders
- Ensure contracts include appropriate terms, conditions, and legal protections
- Implement effective contract management systems and processes
- Monitor contractor/supplier performance against contractual obligations
- Manage contract modifications, variations, and extensions
Cost Management
- Develop detailed procurement budgets aligned with overall project budget
- Identify cost-saving opportunities through value engineering and bulk purchasing
- Track procurement expenditures against budgets and report variances
- Analyze and validate cost estimates from suppliers and subcontractors
- Implement cost control measures for procurement activities
Supply Chain Management
- Create and maintain procurement and delivery schedules aligned with project timeline
- Coordinate logistics and material delivery to meet construction sequence requirements
- Develop contingency plans for supply chain disruptions and material shortages
- Monitor inventory levels and implement just-in-time delivery strategies
- Coordinate material handling, storage, and protection requirements on site
Compliance & Risk Management
- Ensure procurement activities comply with company policies and procedures
- Adhere to relevant laws, regulations, and industry standards
- Implement risk mitigation strategies for procurement-related risks
- Conduct supplier due diligence and prequalification
- Monitor and manage performance/payment bonds and insurance requirements
Vendor Relationship Management
- Establish performance metrics and conduct regular supplier evaluations
- Develop and maintain approved vendor lists with performance ratings
- Resolve disputes and claims with suppliers and subcontractors
- Conduct regular performance reviews with key suppliers
- Foster collaborative relationships to drive continuous improvement
Documentation & Reporting
- Maintain comprehensive procurement documentation for audit purposes
- Generate regular procurement status reports for project stakeholders
- Document lessons learned to improve future procurement processes
- Prepare analyses of spending patterns and supplier performance
- Create and maintain procurement dashboards for management visibility
Team Leadership
- Manage procurement team members, assigning responsibilities and workloads
- Develop team capabilities through training and knowledge sharing
- Establish clear performance expectations and accountability
- Foster collaboration between procurement and other project functions
- Create standardized procurement procedures and best practices