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Purchase Manager

MCSMH, IN1d ago
Full-timevia indeed

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