Procurement Engineer
7 days ago
Bachelor of Technology/Engineering(Civil)
Nationality: Any Nationality
Vacancy: 1 Vacancy
Job Description- Research and identify potential suppliers specializing in interior fitout and MEP materials and services.
- Conduct thorough vendor evaluations based on criteria such as financial stability, experience, quality standards, delivery performance, and compliance with local regulations.
- Send enquiries to qualified suppliers and follow up for receipt of offers. Received offers must be reviewed, and comparison charts should be made for management approval.
- Collaborate with project managers and engineers to understand project requirements and develop a procurement log.
- Maximize company savings by selecting the most suitable products at competitive prices and benchmarking them against market rates and similar vendors. A report detailing the achieved savings should be updated and reviewed monthly.
- Ensure that POs include accurate terms and conditions, pricing, payment terms, and delivery schedules.
- Build and maintain positive relationships with suppliers.
- Negotiate favorable terms and conditions, including pricing, payment terms, and delivery schedules; resolve any supplier issues or disputes promptly.
- Ensure that procured materials and services meet project specifications and quality standards.
- Monitor and control procurement costs to ensure they align with project budgets.
- Identify cost-saving opportunities and implement strategies to reduce expenses.
- Identify and mitigate potential procurement risks, such as supplier delays, quality issues, or price fluctuations.
- Negotiate optimal payment terms with suppliers and subcontractors to enhance project cash flow.
- Review and interpret Letter of Credit terms to ensure compliance with shipping documentation.
- Arrange and coordinate import orders, including shipments, by collaborating with suppliers, shipping companies, and the logistics team.
- Honesty & Integrity: Uphold ethical practices in all procurement activities, ensuring transparency and fairness. Maintain confidentiality of sensitive information and protect the company's image, resources, and data at all times.
- Bachelor's degree in Civil/Electrical/Mechanical Engineering.
- Minimum 5-7 years of experience in Procurement/Estimation in the interior fitout industry.
- Strong understanding of interior fitout and MEP systems and components.
- Knowledge of procurement processes, contract management, and supplier relationship management.
- Proficiency in using procurement software like Oracle.
- Excellent negotiation and communication skills.
- Ability to work under pressure and meet tight deadlines.
- Knowledge of local regulations and industry standards related to construction and interior fitout projects.
- Ability to read and understand technical drawings and specifications.
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