Purchase Manager
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Job Description
A Purchase Manager in the real estate industry is responsible for the end\-to\-end procurement of construction materials, services, and machinery required for project development. The role acts as a bridge between project sites, architects, and the accounts department to ensure materials are delivered on time, within budget, and as per quality standards.
- *Key Responsibilities**
Procurement Strategy: Develop and execute purchasing plans aligned with project timelines and budgetary constraints.
Vendor Management: Identify, evaluate, and onboard reliable suppliers and subcontractors. Maintain a robust database and conduct regular performance audits.
Negotiation: Draft and finalize contracts, securing favourable pricing, credit terms, and delivery schedules.
Material Sourcing: Procure essential construction items such as cement, steel, MEP (Mechanical, Electrical, Plumbing) materials, and finishing goods (tiles, paint, etc.).
Budget \& Cost Control: Prepare comparative statements, monitor expenses, and implement cost\-saving initiatives to optimize project profitability.
Inventory \& Logistics: Oversee stock levels to prevent shortages or overstocking and coordinate with logistics teams for timely site delivery.
Compliance \& Documentation: Ensure all activities adhere to company policies and legal regulations. Maintain records of Purchase Orders (POs), invoices, and Goods Received Notes (GRN). Required Skills \& Qualifications
Education: Bachelor’s degree in civil engineering, Supply Chain Management, or Business Administration. An MBA or professional certification like CIPS is also preferred.
Experience: Typically requires 5\+ years of procurement experience specifically within the real estate or construction sectors.
Technical Knowledge: Deep understanding of construction materials, market rate trends, and IS (Indian Standard) code specifications.
Software Proficiency: Hands\-on experience with ERP systems (e.g., SAP, Oracle, Far vision) and advanced MS Excel.
Core Competencies: Strong negotiation, analytical thinking, and the ability to manage multiple project sites simultaneously. Common Key Performance Indicators (KPIs)
Cost Savings: Percentage reduction in material costs versus the estimated budget.
Timely Delivery: Adherence to the project’s procurement schedule to avoid site stoppages.
Quality Compliance: Minimizing rejections of received materials.
Vendor Performance: Reliability and lead\-time accuracy of selected suppliers.
Pay: ₹45,881\.46 \- ₹70,657\.18 per month
Work Location: In person
Job Overview
- Job type
- Full-time
- Work mode
- On-site
- Location
- Mumbai
- Posted
- 1d ago
- Source
- Indeed