Soma Capital Portfolio Jobs

Procurement Specialist

91Squarefeet

91Squarefeet

Operations
Gurugram, Haryana, India
Posted on Sep 23, 2024
Designation: Procurement Specialist (Commercial Fitouts)

We are seeking a highly skilled and experienced ProcurementSpecialist to develop and implement innovative procurement strategies within our organization. The successful candidate will be responsible for creating cost-effective solutions that address the growing complexities and challenges within the industry. You will play a crucial role in reviewing contract specifications, ensuring supplier compliance, identifying new vendors, and managing project-specific procurement activities. Additionally, you will be expected to maintain records,coordinate with internal departments, negotiate with vendors, and stay updated on changing industry trends.

Responsibilities

  • Develop and implement regional procurement strategies that are innovative, cost-effective, and aligned with organizational goals.
  • Review contract specifications on behalf of the company, ensuring clarity and accuracy.
  • Ensure suppliers deliver goods or services in accordance with contractual obligations and quality standards.
  • Identify new vendors and generate competition to optimize the supplier base.
  • Evaluate and compare vendors based on performance, pricing, quality, and other relevant criteria.
  • Follow up on procurement activities for various projects, tracking all purchase orders raised and ensuring rigorous delivery follow-ups.
  • Maintain project-wise procurement records and documentation for reference and auditing purposes.
  • Track dispatch and follow-up for payments, ensuring timely and accurate documentation and file management.
  • Develop and nurture vendor relationships, resolving any issues or disputes that may arise.
  • Collaborate with internal departments, such as projects and finance, to ensure smooth coordination and execution of procurement activities.
  • Negotiate with vendors to obtain the best offers, terms, and conditions for the company.
  • Coordinate with suppliers, technical teams, account sections, and site teams to ensure efficient work execution.
  • Focus on lowering lead time, ensuring on-time delivery, and assuring the quality of transport services and vendor performance.
  • Stay updated on changing industry trends, market conditions, and best practices in procurement and supply chain management.

Requirements

  • Proven 3+ years of experience in procurement within the commercial fitout industry.
  • Knowledge of technical specifications and commercials of interior materials & MEP items.
  • Strong knowledge of sourcing strategies and vendor management.
  • Excellent negotiation and contract management skills.
  • Proficient in budgeting and cost control.
  • Ability to evaluate supplier performance and manage inventory.
  • Strong analytical and problem-solving abilities.
  • Knowledge of procurement regulations and compliance.
  • Strong communication and relationship-building skills.
  • Detail-oriented and able to work in a fast-paced environment.