We are seeking a talented and dynamic Head - Procurement & Contracts in Mumbai for Industrial and Warehousing development division. The company is among the largest Industrial real estate developers with presence across India.
Head - Procurement & Contracts will lead the procurement team and be a key influence in finalizing project delivery strategy by contributing project cost estimation. He / She will be responsible for developing vendor/contractor network, establishing robust supply chain for construction projects across India.The final objective for this role is to provide three types of leadership:
1. Commercial and Contractual
2. Managerial
3. Operational
Head - Procurement & Contracts will provide a commercial vision to his/her team and ensure procurement with focus to champion total cost of ownership without compromising delivery time and product quality. He / She should establish the processes and practices for realizing that vision. He / She should contribute to the development of brand definition and experience principles, and ensure that those are appropriately interpreted through the team’s work. He / She will lead and conclude commercial negotiations and ensure legal alignment for all contract agreements.
Key responsibilitiesCost Management and Estimation:
1. Work with the estimation team to maintain and develop the cost database, assist the team in estimating and budgeting projects.
2. Build market intelligence from a competitor perspective and ensure competitive rates finalization for high-value items and packages.Review prices and quality of purchased products and ensure optimal stock levels.Lead & drive preparation of purchase orders, contracts by verifying specifications and price.
- Work with the estimation team to maintain and develop the cost database, assist the team in estimating and budgeting projects.
- Build market intelligence from a competitor perspective and ensure competitive rates finalization for high-value items and packages.
- Review prices and quality of purchased products and ensure optimal stock levels.Lead & drive preparation of purchase orders, contracts by verifying specifications and price.
- Lead & drive preparation of purchase orders, contracts by verifying specifications and price.
Project Scheduling and Procurement Planning:
- Liaise with the project team to understand project requirements and develop schedules into project procurement plans.
- Development of package-specific sourcing plans RFQs, evaluation of supplier responses, negotiations with suppliers, order placement, and contract management.
- Lead & drive preparation of bid comparison for management approval and provide recommendations.
- Review, evaluate, and approve specifications with the design team for issuing with bids.
Supplier and Vendor Management:
- Develop vendors, contractors, and suppliers for each region of India to optimize travel time and local knowledge advantage.
- Research potential vendors and suppliers; locate vendors of materials, equipment, or supplies, and interview them to determine product availability and terms of sales.
- Establish relationships with vendors/contractors and serve as a representative of the company when negotiating contracts and building vendor and supplier trust.Compile performance management information relating to suppliers to ensure continuous improvement within the supply chain.
- Identify demand and capacity issues within the supply chain and develop risk mitigation strategies.Procurement Process and NegotiationPrepare and process requisitions and purchase orders for supplies and equipment.Negotiating contract terms of agreement and pricing; represent companies in negotiating contracts and formulating policies with suppliers; compare and evaluate offers from suppliers.Obtaining recommendations from suppliers for substitute items, vet it and suggest for design approvals.
- Procure high-quality and cost-efficient supplies for our organization through proper risk analysis and cost-effective techniques.Cost Management and Estimation:Accuracy of Cost Database: Percentage accuracy of the cost database compared to actual project costs.Market Intelligence Reports: Number of market intelligence reports generated and their impact on procurement decisions.Cost Savings: Percentage of cost savings achieved through competitive rate finalization and effective budgeting.