Procurement Officer
- Sutherland
- 7 - 11 years
- Kochi
- 2 months ago
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Job Description
Role & responsibilities
- Collaborate with the Project Manager and engineers to understand project requirements and ensure the timely availability of client-specified materials and equipment
- Ensure that all procurement transactions are properly documented, including contracts, purchase orders, delivery schedules, and other relevant records, maintaining them in an organized and accessible manner.
- Work with the legal team to review and finalize purchase orders, ensuring compliance with all contractual terms and legal requirements.
- Track and manage procurement expenses, ensuring that all costs are recorded accurately and maintained within the established budgetary constraints.
- Coordinate with the finance department to ensure the timely processing of payments to suppliers and vendors.
- Identify and assess potential risks in the procurement process, including supply chain) disruptions, vendor reliability, or price fluctuations, and develop mitigation strategies.
- Oversee inventory management to ensure that materials and equipment are available onsite when required, avoiding delays in construction activities.
- Manage stock levels to prevent excess inventory while ensuring that critical items are always available for ongoing project needs
- Ensure procurement practices adhere to legal and regulatory requirements, company policies, and industry standaros.
- Maintain accurate and comprehensive records of procurement activities, including purchase orders, contracts, receipts, and invoices, ensuring proper documentation for audits and reviews.
- Prepare regular procurement reports for the Project Head, providing updates on procurement status, cost performance, supplier issues, and any procurement challenges
Preferred candidate profile
- Qualification: Graduation/ Post-Graduation with exposure to procurement processes
- Minimum 7 years relevant experience in procurement field
Job Classification
Industry: BPM / BPOFunctional Area / Department: Procurement & Supply ChainRole Category: Procurement & PurchaseRole: Procurement / Purchase EngineerEmployement Type: Full timeContact Details:
Company: SutherlandLocation(s): Kochi
Keyskills: Communication Skills Material Sourcing Negotiation ERP Equipment sourcing Purchase Order Management Vendor Management RFQ Inventory Analysis Contract Review Tendering
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