Please find the details below:
Position: Procurement Officer
Experience Required: 7–10 Years
Core Responsibilities
1. Vendor & Supplier Management
- Identify, evaluate, and onboard suppliers
- Obtain quotations and compare rates
- Negotiate prices, payment terms, and delivery schedules
- Maintain strong vendor relationships
- Monitor vendor performance (quality, timelines, service)
2. Material Procurement
- Procure construction materials (cement, steel, tiles, fittings, electrical, plumbing, etc.)
- Ensure materials meet specifications and quality standards
- Coordinate bulk purchasing to reduce costs
- Track material requirements as per project schedule
- Source vendors for complete construction lifecycle (start to finish)
3. Cost Control & Budgeting
- Prepare cost comparisons and analysis reports
- Ensure procurement stays within project budgets
- Identify cost-saving opportunities
- Avoid over-purchasing and wastage
4. Purchase Documentation
- Prepare and issue Purchase Orders (POs)
- Maintain records of quotations, contracts, and invoices
- Verify bills and coordinate with accounts for payments
- Maintain procurement reports and MIS
5. Inventory & Stock Coordination
- Monitor stock levels at site and warehouse
- Coordinate with site engineers and storekeepers
- Ensure timely delivery of materials
- Track material consumption vs. purchase
6. Internal Coordination
- Collaborate with Project Managers, Site Engineers, Accounts, and Store teams
- Align procurement with project timelines
7. Contract & Rate Finalization
- Negotiate annual rate contracts
- Review supplier agreements
- Ensure compliance with company policies
Additional Responsibilities (Senior Level)
- Develop procurement strategies
- Manage risks (price fluctuations, supply delays)
- Approve vendors
- Lead procurement team
- Forecast material price trends
Key Skills Required
- Strong negotiation skills
- Knowledge of construction materials
- Cost analysis capability
- Proficiency in MS Excel
- Experience with ERP/software systems
- Good communication skills
- Strong market awareness
