Procurement Executive - Hyderabad, Telangana, India - Lakshmi Prasanna Contracting LLP

Description

RESPONSIBILITIES:
Strategic Duties

• Establish procurement strategies for acquisition, receiving and tracking of project materials & assets with Construction management that optimize quality, cost, and timely delivery criteria.
• Work collaboratively with team to coordinate supplier selection, credit and terms, track supplier performance standards, and conduct ongoing evaluation.
• Collaborate with management in the negotiation of contracts and lines of credit with suppliers and subcontractors.
• Delegate tasks and supervise the work of purchasing and procurement agents across all departments and manage every aspect of the supply chain and notify the senior management team of any possible obstacles to ideal efficiency

Technical Duties

• Prepare, maintain and review purchasing records, produce management reports, track the status of requisitions, contracts and orders, approve bills for payment,

- calculate the cost of orders, assign invoices to the appropriate accounts, and monitor in-house inventory transfer for project consumption and also determines if inventory quantities for commonly used items are sufficient for the needs of the company and orders more supplies as needed.

• Conduct research via the Internet, catalogues, trade publications, and trade shows to identify potential suppliers connect with prospective suppliers either facetoface or over the phone to determine prices, discounts, terms, etc.
• Create spreadsheets with vendor & product or service comparisons of prospective suppliers to support management decisions
• Prepare, maintain and review purchasing files and records, price lists, the status of requisitions, contracts and orders, locate suppliers, approve bills for payment, monitor subcontractor performance, calculate the cost of orders, ensure invoices are charged to the appropriate accounts, and monitor inventory transfer forms for bookkeeping records.
• Prepare procurement execution plans and oversee the full array of materials management and procurement functions of purchasing, expediting, shipping, receipt and inspections, and logistics.
• Develop plans for the effective organization and temporary storage of project materials and general inventories at various company and/or independent warehouse locations.
• Optimize the material and supplier portfolio that is what materials should be bought in bulk and consumed as needed from inventory by projects, and which materials are best to acquire as needed for specific projects.
• Monitor and support returns, damage replacements, and warranty claims Support, and in some cases lead, cost reduction efforts
• Prepare and review all of comparison for purchasing orders.
• Coordinate with the warehouse minimum stock and maximum stock
• Negotiation with the suppliers to reach for the best prices
• Prepare the vendor list and update and approved it with execution section heads and construction G.M
• Coordinate with all the sites for their daily needs.
• Direct the site Mechanical team for troubleshoot and any other repair works
• Single point contact for all site Plant and Machinery issues.

General Administrative Duties

• Conducts periodic meetings with subordinates to ensure that priorities are clear and the workflow is running smoothly as per agreed plans at the beginning of each project
• Prepares periodic reports regarding the department activities and achievements to be submitted to the construction Manager on monthly basis or when required
• Evaluating their effectiveness through monitoring the results delivered and employee's performance of their subordinates
• Assigns a coverage person to carry out the responsibilities of the position whenever the need arises such as travel, out of office for personal or business need
• Responsible for managing relationships and negotiating with key suppliers at a senior and strategic level
• Planning & implementing procurement strategies with performing cost analysis and set appropriate benchmarks, Coordinate deliveries, Create procedures for risk management and mitigation

Skills and Abilities

• Management of Financial Resources
• Financial Analysis
• Decision Making
• Planning, organization and detail orientation
• Visionary and strategic thinking
• Client oriented
• Negotiating/Influencing Skills

Professional Knowledge

• Professional knowledge in Construction Procurement
• Knowledge in related governmental laws and legislation

Pay:
₹45, ₹50,000.00 per month


Benefits:

• Health insurance
• Provident Fund

Schedule:

• Day shift

Experience:

- total work: 6 years (preferred)


Work Location:
In person