senior purchase executive for construction company
A Senior Purchase Executive at a construction company manages the acquisition of construction materials, equipment, and services. This role requires a strategic, analytical, and detail-oriented professional with strong negotiation skills to ensure materials are procured cost-effectively and delivered on time to meet project requirements.
Responsibilities
- Procurement and sourcing: Identify, evaluate, and select suppliers and subcontractors, both locally and internationally, for a wide range of materials, equipment, and services. This involves conducting market research to stay updated on new products, pricing, and industry trends.
- Negotiation and contracts: Lead negotiations with suppliers to secure the most favourable prices, payment terms, and delivery schedules. Draft and manage contractual agreements to ensure they align with the company's policies and project timelines.
- Supplier management: Develop and maintain strong, long-term relationships with key suppliers and conduct regular performance reviews. Create a robust vendor database and resolve any issues related to quality, delivery, or pricing.
- Budgeting and cost control: Forecast and monitor costs related to procurement activities and identify opportunities for cost savings and process improvements. Assist in preparing project budgets and analyzing variations.
- Coordination and collaboration: Work closely with project managers, engineers, and site teams to understand material specifications and needs. Coordinate with the finance team to process payments and with logistics to manage inventory and ensure timely delivery.
- Documentation and reporting: Prepare purchase orders, requisitions, and requests for proposals (RFPs). Maintain meticulous records of purchases and expenditures, and present regular reports on procurement performance to senior management.
- Compliance and risk management: Ensure all procurement activities comply with company policies, quality standards, and industry regulations. Assess and mitigate risks within the supply chain, such as supply disruptions.
- Team leadership: Manage and mentor junior procurement staff, overseeing their day-to-day operations and fostering professional growth.
Required skills and qualifications
- Experience: Minimum 10yrs Significant, proven experience in procurement or purchasing, specifically within the construction industry, dealing with civil and MEP (mechanical, electrical, and plumbing) materials.
- Negotiation: Superior negotiation and communication skills are essential to secure advantageous deals and manage supplier relationships effectively.
- Industry knowledge: A solid understanding of construction materials, equipment, and the local and international supplier market.
- Analytical skills: Strong ability to analyze costs, evaluate bids, interpret market trends, and solve complex problems.
- Technical proficiency: Expertise in using procurement software.
- Education: A bachelor's degree.
- Leadership: Proven leadership and team management capabilities to guide and mentor other staff.
Job Types: Full-time, Contract