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- ProcurementStrategy:
- Craft and enforce a procurement planthat supports the company's goals, project timelines, andfinancial limitations.
- Seek out, assess, andform partnerships with reliable suppliers and subcontractors tomaintain a competitive vendornetwork.
- Negotiate contract terms and prices toensure the company receives the best possible value for materialsand services.
- Review and scrutinize supplierquotes to judge them on aspects such as quality, cost, deliverytimes, and dependability.
- Identify areas forcost savings and introduce strategies to reduce expenses withoutcompromising quality.
- Acquire a diverse arrayof construction materials, fixtures, fittings, and equipment thatmeet the specific needs of eachproject.
- Monitor deliveries and assess materialquality to ensure compliance with projectstandards.
- Manage inventory control by keepingan eye on stock levels, storage solutions, and rotation to cut downon holding costs and avoid deficits.
- Implementand maintain effective inventory managementsystems.
- Supervise project budgets to guaranteeprocurement aligns with financialrestrictions.
- Work in tandem with the financeteam to address any cost overruns or budgetissues.
- Oversee supplier contracts, ensuringadherence to terms, delivery schedules, and qualityexpectations.
- Collaborate with project teamsand quality assurance departments to confirm that all purchasedmaterials adhere to required qualitybenchmarks.
- Identify potential procurementrisks such as supply chain interruptions or market volatility anddevelop plans to counteract thesechallenges.
- Produce detailed procurementactivity reports focusing on aspects like cost analysis, vendorperformance, and adherence to budgets.
- Keepsenior management informed about procurement strategies andprogress.
- Bachelor's degree in supplychain management, procurement, business administration, or arelated discipline.