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Senior Purchase Manager
Senior Purchase Manager

Senior Purchase Manager at Lansum Properties · Hyderabad · 4 - 10 years · ₹5L - ₹10L / yr · Bootstrapped · Posted 19 Feb 2024

Lansum Properties's logo

Senior Purchase Manager

Dasari SarveswaraRao's profile picture
Posted by Dasari SarveswaraRao
4 - 10 yrs
₹5L - ₹10L / yr
Hyderabad
Skills
Procurement & Buying
Purchase orders
Vendor Management
technical purchasing

*4 - 10 Years Experience

* Engineering Graduates

* Must have experience in Commercial complexes, Apartments, Hirise Building, and Gated Community.

* Position will be available or Closed by march or April Months.



Job description

The Purchase Manager will lead and oversee the procurement process for our real estate and construction projects. The ideal candidate should possess 8-15 years of procurement experience, with a strong focus on the construction and materials industry. We offer a competitive salary reflective of industry standards.

Responsibilities:

Procurement Planning:

  • Collaborate with project managers to comprehend procurement requirements.
  • Gain a thorough understanding of the requirements and technical requirements of the product or service.
  • Develop procurement plans for timely and cost-effective material, equipment, and service procurement.
  • Conduct market research to identify potential suppliers and maintain a robust supplier database.

Supplier Management:

  • Evaluate suppliers based on quality, reliability, and cost-effectiveness.
  • Negotiate and manage supplier contracts.
  • Monitor supplier performance, resolving any issues promptly.
  • Cultivate strong relationships with suppliers for material and service availability.
  • Updating of supplier database with the latest entrants and the evolving technologies relevant to the industry

Purchase Order Management:

  • Review and convert purchase requisitions into accurate and complete purchase orders.
  • Monitor and track purchase orders to ensure on-time delivery.
  • Coordinate with project teams and suppliers to resolve delivery or quality issues.

Cost Management:

  • Analyze market trends, prices, and supplier performance for cost-saving opportunities.
  • Implement cost control measures without compromising quality.
  • Conduct periodic audits for compliance with procurement policies.
  • Analyze every material or product to ensure the pricing is appropriate for the product procured.

Inventory Management:

  • Manage inventory levels for optimal stock availability.
  • Coordinate with warehouse and project teams to track and reconcile inventory.
  • Implement inventory control measures to minimize stock-outs and excess inventory.

Compliance and Documentation:

  • Ensure compliance with company policies, procurement regulations, and applicable laws.
  • Maintain accurate procurement records and documentation.
  • Prepare reports and provide updates on procurement activities to management.

Qualifications:

  • 4 - 10 years of procurement experience in the real estate or construction industry.
  • Residential purchase experience is essential.
  • Strong Proficiency in MS Office (Excel, Word).
  • Experience in preparing MIS reports as per management requirements.
  • Strong knowledge of procurement processes, vendor management, and supply chain management.
  • Excellent negotiation and communication skills.
  • Proficient in procurement software (ERP) and other relevant tools.
  • BE, BTech or Master's degree in Business Administration, Supply Chain Management, or a related field (preferred).
  • Good Analytical skills to review the quotations and understand the intricacies.
  • Financial acumen to grasp the impact of procurement decisions on the overall budget.
  • Strategic thinking to develop and implement cost-effective procurement plans that align with the organization's goals.
  • Maintaining ethical standards in procurement practices ensures transparency, fairness, and integrity, which is crucial for long-term success and cost management.
  • Being adaptable to changes in the market, industry regulations, or organizational priorities allows for agility in adjusting procurement strategies for optimal cost management.
  • Good understanding on National Building Code (NBC) of construction


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About Lansum Properties

Founded :
2014
Type :
Products & Services
Size :
100-1000
Stage :
Bootstrapped

About

A commitment to enrich lives, coupled with quality, integrity and innovation have defined LANSUM Properties since its inception. At LANSUM Properties we create more than just a building. We create communities – the kind of desirable places that people are proud to own, and proud to call home. LANSUM Properties has established a reputation for creating high quality developments and designing inspiring environments. Everything we do is based upon one simple premise – creating timeless, beautiful and desirable homes that are purpose-designed for the way people want to live today. ‘The Joy of Housing’ is a motto we strive for and we hope to make home buying a joyful experience as it should be.
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