Senior Procurement Engineer

Key Responsibilities:

Procurement Planning & Strategy:

• Develop procurement strategies, plans, and timelines for project requirements, ensuring that materials, services, and equipment are sourced in accordance with project schedules.
• Collaborate with project managers, engineers, and other departments to ensure that all procurement activities align with project technical requirements and timelines.
• Analyze market conditions and supplier capabilities to ensure cost-effective procurement strategies.

Vendor Selection & Management:

• Identify and evaluate potential suppliers, subcontractors, and service providers, and manage the vendor selection process.
• Negotiate contracts and agreements with suppliers to secure favorable terms and conditions, including pricing, delivery schedules, and payment terms.
• Establish and maintain strong relationships with key suppliers to ensure reliable and continuous supply of materials and services.
• Monitor supplier performance and ensure compliance with contract specifications, timelines, and quality standards.

Procurement Execution:

• Prepare and issue requests for quotations (RFQs), requests for proposals (RFPs), and purchase orders (POs) for materials, services, and equipment.
• Review and evaluate bids to ensure the best possible value for the project while meeting quality, delivery, and technical requirements.
• Ensure that all procurement documentation, including contracts, purchase orders, and delivery schedules, is accurate and complete.
• Monitor procurement activities to ensure the timely delivery of materials and services in accordance with project deadlines.

Cost Management & Budget Control:

• Work closely with the project finance and budget teams to ensure procurement costs remain within the approved project budget.
• Track and report on procurement costs, identifying any cost overruns or savings, and providing recommendations for cost control.
• Review and approve purchase orders and supplier invoices, ensuring that they align with agreed terms and conditions.

Risk Management & Compliance:

• Identify and mitigate risks related to procurement, including supply chain disruptions, price volatility, and quality issues.
• Ensure that procurement activities are compliant with company policies, industry regulations, and contractual agreements.
• Stay updated on industry best practices and new developments to improve procurement processes.

Supply Chain Coordination:

• Coordinate with logistics and warehousing teams to ensure that procured materials and equipment are delivered on time and properly stored.
• Work with other project departments to address any issues related to material shortages, delays, or quality concerns.

Reporting & Documentation:

• Maintain accurate procurement records, including purchase orders, contracts, supplier communications, and other relevant documentation.
• Provide regular reports on procurement status, cost performance, and supplier performance to management and stakeholders.
• Participate in project meetings, providing updates on procurement activities and addressing any procurement-related concerns.

Qualifications:

• Education: Bachelor's degree in Engineering, Supply Chain Management, Business Administration, or a related field.
• Experience: Minimum of 5-7 years of experience in procurement, supply chain management, or a related field, preferably in construction, engineering, or manufacturing industries.
• Technical Knowledge: Understanding of procurement processes, contract negotiation, supply chain management, and project requirements in a technical environment.

Skills & Competencies:

• Procurement Expertise: In-depth knowledge of procurement processes, market analysis, and vendor management.
• Negotiation Skills: Strong negotiation and contract management skills with the ability to secure favorable terms.
• Technical Understanding: Ability to understand and communicate project-specific technical requirements and specifications.
• Cost Control: Strong financial acumen with the ability to manage procurement budgets and identify cost-saving opportunities.
• Software Proficiency: Proficient in procurement and supply chain management software (SAP, Oracle, MS Excel, etc.).
• Communication Skills: Excellent communication, presentation, and interpersonal skills for working with suppliers, stakeholders, and team members.
• Problem-Solving: Strong analytical and problem-solving skills with the ability to manage and resolve issues efficiently.