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Purchase Manager
Laxmi Infra Venture
posted 29d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Sourcing and Procurement : Overseeing the acquisition of materials, supplies, and equipment necessary for construction projects or property development. This involves identifying reliable suppliers, negotiating contracts, and ensuring timely delivery of materials.
- Cost Management : Developing and implementing cost-effective strategies to optimize procurement processes while maintaining quality standards. This may involve analyzing market trends, evaluating vendor pricing, and finding opportunities to reduce expenses.
- Vendor Management : Building and maintaining relationships with suppliers and subcontractors. This includes evaluating vendor performance, resolving disputes, and ensuring compliance with contractual agreements and industry regulations.
- Inventory Management : Monitoring inventory levels and forecasting future needs to prevent shortages or overstocking. Implementing inventory control measures to minimize waste and maximize efficiency.
- Quality Control : Ensuring that purchased materials meet the required standards and specifications. This involves conducting inspections, testing samples, and implementing corrective actions when necessary.
- Budgeting and Reporting : Developing procurement budgets and tracking expenses to ensure adherence to financial goals. Generating reports on purchasing activities, cost savings, and vendor performance for management review.
- Risk Management : Identifying potential risks in the supply chain and implementing mitigation strategies to minimize disruptions to construction schedules or project timelines.
- Compliance and Regulations : Staying informed about relevant laws, regulations, and industry standards related to procurement and supply chain management. Ensuring compliance with environmental, safety, and ethical guidelines.
- Coordination : Collaborating with other departments such as project management, engineering, and finance to coordinate procurement activities and support project objectives.
- Continuous Improvement : Identifying opportunities for process improvement and implementing best practices to enhance efficiency, reduce costs, and streamline operations.
Overall, the role of a purchase manager in a real estate company is crucial for ensuring the smooth flow of materials and resources necessary for successful construction projects and property development ventures.
Employment Type: Full Time, Permanent
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What Laxmi Infra Venture employees are saying about work life
based on 3 employees
Flexible timing
Monday to Saturday
No travel
Laxmi Infra Venture Benefits
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