Procurement Manager at DreamCity Properties

Responsibilities

• Plan and execute all Contract and Procurement tasks by the organization's Contract and Procurement Policies and Procedures.
• Compile a list of all project expenses, including materials, labour, and other resources.
• Assess the cost-effectiveness of projects or services by comparing actual costs against bids as the project progresses.
• Monitor the progress of projects and advise budget adjustments.
• Create estimates that management can use to plan, organize, and schedule work.
• Create estimates that will be used to select vendors and subcontractors.
• Analyze money costs and other variables to determine the cost of future initiatives or items.
• Ensure that project budgets are adhered to and provide an explanation for any deviations.
• Conduct a quarterly market survey for all relevant factors.
• Keep track of and utilize each project's budget and job efficiency.
• Scope of work and price contracts with subcontractors and suppliers are negotiated.
• Create and implement innovative purchasing strategies to continue reducing costs and simplifying processes.
• Stakeholder Management
• When required, meet with subcontractors and suppliers on-site.
• Maintain contact with your vendors and subcontractors.
• Establish new relationships with subcontractors and suppliers to ensure that all projects have sufficient resources and to maintain price and quality improvements.
• Ensure that the company is aware of and follows all applicable building and local construction regulations.
• To maintainhigh-quality standards and expectations, including drawings, quality specs, and requirements in purchase orders
• Manage change order requests and anticipates the future need
• Issue purchase orders for the shipment of materials and equipment needed for jo
• Monitoring information and inventory
• Monitor the organization's subcontractors and suppliers.
• Manage materials/equipment inventory
• To minimize costly delays and missed sales opportunities due to a lack of supplies, ensure that all aspects of the procurement and material management procedures function properly.
• Discuss reducing costs.
• Identify primary and alternate sources for each required item and urge suppliers to remain competitive to obtain the cheapest price (quality, lead time, parts and service)
• Collaborate with the quality manager to identify and monitor reliable suppliers.
• Establish and adhere to protocols to ensure that all corporate purchases are correctly recorded, saved, and tracked.
• Monitor prices of essential commodities, assess consequences based on annual usage and report budget-related results to management.
• Monitors significant trends, supplier changes, and pricing fluctuations to capitalize on opportunities and/or defend company positions.
• Contacts carriers to negotiate contracts and costs, troubleshoot issues, and arrange challenging shipments.
• Negotiates conditions to get resources and goods as fast and inexpensively as possible
• Requests offers, discounts, markdowns, storage choices, and favourable payment terms from suppliers.
• Perform any other tasks assigned by the Head, Contract and Procurement.

Qualifications

• Bachelor's Degree in Engineering, Supply Chain Management, or Business Management.
• Five (5) to seven (7) years of experience as a Contract and Procurement Manager, with extensive knowledge of sourcing, contract negotiation, monitoring, and reporting contract performance in a construction context.
• An extensive background in construction is required.
• Superior knowledge and experience in purchasing and contracting.
• The ability to locate and purchase items, as well as to "read" the market.
• Capable of interacting with others and striking deals
• Excellent knowledge of software for managing vendors or third parties
• Decision-making and mathematical proficiency
• Gathering and analyzing data is a talent
• Excellent communication skills
• Effective leadership abilities