Procurement Manager

2 weeks ago

Ras alKhaimah, United Arab Emirates Ashbilia Contracting LLC Full time

**Overview**:
As a Procurement Manager in the construction industry, you will be responsible for overseeing the purchasing process for construction materials, equipment, and services required for various projects. You will collaborate closely with project managers, suppliers, and other stakeholders to ensure timely and cost-effective procurement of goods and services while maintaining quality standards and adhering to budgetary constraints.

**Key Responsibilities**:
1. **Strategic Planning**:

- Develop and implement procurement strategies aligned with project requirements and organizational goals.
- Analyze market trends, supplier capabilities, and industry dynamics to identify opportunities for cost savings and process improvements.
- Establish and maintain relationships with key suppliers to ensure continuity of supply and favorable terms.

2. **Sourcing and Supplier Management**:

- Identify potential suppliers, solicit bids, and negotiate contracts for materials, equipment, and services.
- Evaluate supplier performance based on criteria such as quality, reliability, delivery times, and pricing.
- Conduct regular supplier audits and assessments to ensure compliance with contractual agreements and industry standards.

3. **Cost Control and Budget Management**:

- Develop and monitor project budgets related to procurement activities, identifying cost-saving opportunities and mitigating risks.
- Implement cost-effective procurement strategies while maintaining quality standards and project timelines.
- Analyze expenditure patterns and recommend adjustments to optimize spending and maximize value for the organization.

4. **Contract Administration**:

- Draft, review, and negotiate contracts with suppliers, subcontractors, and service providers, ensuring terms and conditions are favorable and legally compliant.
- Monitor contract performance and resolve any disputes or discrepancies in collaboration with legal and project management teams.
- Facilitate contract renewals, amendments, and terminations as necessary to support project requirements.

5. **Inventory Management**:

- Oversee inventory levels and stock replenishment processes to meet project timelines and minimize shortages or excess inventory.
- Implement inventory control measures, such as Just-In-Time (JIT) procurement and materials tracking systems, to optimize resource utilization and reduce waste.

6. **Compliance and Risk Management**:

- Ensure compliance with relevant regulations, industry standards, and company policies governing procurement activities.
- Identify and assess potential risks related to supply chain disruptions, price fluctuations, and geopolitical factors, developing contingency plans to mitigate impact on project schedules and costs.
- Maintain accurate records of procurement transactions, contracts, and supplier communications in accordance with internal controls and audit requirements.

**Qualifications**:

- Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or related field. Advanced degree or professional certification (e.g., CSCP, CPSM) is a plus.
- Proven experience in procurement or purchasing roles within the construction industry, with a strong understanding of construction materials, equipment, and processes.
- Excellent negotiation skills and the ability to build and maintain effective relationships with suppliers, contractors, and internal stakeholders.
- Proficiency in procurement software systems, enterprise resource planning (ERP) platforms, and Microsoft Office Suite.
- Strong analytical and problem-solving abilities, with a keen attention to detail and the ability to manage multiple priorities in a fast-paced environment.
- Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and influence decision-making at various levels of the organization.

**Conclusion**:
The role of a Procurement Manager in the construction industry is critical to the success of projects, ensuring that the necessary resources are acquired in a timely, cost-effective, and sustainable manner. By implementing strategic procurement practices, managing supplier relationships, and mitigating risks, you will play a key role in driving operational excellence and delivering value to the organization.

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