Procurement Manager

  • Mumbai
  • The Bnk Group
Role Statement: · Heading purchase and procurement activities of the organization, ensuring timely and economical availability of materials desired quality standards & specifications. · Ensuring considerable cost savings for the organization through development of alternate vendor sources & contractors.

Job Responsibilities: Material Procurement · Coordinate with the Project Managers for getting the BOQ of materials required, along with the timelines. · Float the enquiries to the empaneled vendors & seek quotations from them. · Negotiate with the vendors for finalizing the cost, payment terms & delivery schedules. · Create PO with necessary approvals from the Director – Contracts & send to ED. · Send PO to suppliers/ vendors.

Coordination · Proactively coordinate with Project Managers to gather requirements. · Coordinate with the vendors for the timely receipt of material. · Inform the respective Project Manager & Site Supervisor about the delivery of material at the site. · Ensure that the material is inspected at the site for adherence to specification, quantity & ensuring no damage during transportation. · In case of material rejected by the site engineer, connect with vendors and resolve the issue. · Visit sites intermittently to keep in touch with the needs. · Coordinate with Director – Contracts for timely approvals of vendor invoices & follow up with Executive – Contracts so that their payments are released as per the agreed schedule.

Vendor development & Relationship management · Identify & nurture new vendors as a backup plan or to work on effectiveness parameters like the cost, quality and turnaround time of material availability. · Build effective relationships with the vendors to ensure that they prioritize BNK requirements & support in case of urgencies, if any.

Cost Optimization · Keep up with the market trends & costing of products. Keep identifying the best price. · Under the guidance of Director – Contracts, develop alternate sources / products through vendors and appoint new vendors as part of substitution, cost reduction efforts.