We are hiring for our client - Hirefaast.
Overview
The Purchase Manager in the Real Estate industry plays a crucial role in ensuring the smooth procurement of materials, supplies, and services necessary for the development and maintenance of real estate properties. They are responsible for managing the purchase process from sourcing to delivery, optimizing costs, and maintaining strong relationships with vendors and suppliers.
Key responsibilities
- Develop and implement procurement strategies to meet cost, quality, and timeliness goals.
- Identify reliable suppliers and negotiate contracts and pricing terms to achieve cost savings.
- Manage vendor relationships and conduct regular performance evaluations.
- Oversee the purchase of construction materials, equipment, and services.
- Collaborate with project managers to ensure timely and efficient delivery of materials and supplies.
- Monitor and analyze market trends to identify potential cost-saving opportunities.
- Review and approve purchase orders and ensure compliance with company policies and regulations.
- Manage the procurement budget, track expenses, and report on variances.
- Coordinate with finance and accounting departments for invoice processing and payment.
- Resolve supply chain issues and mitigate potential risks.
- Stay updated with industry regulations and best practices in supply chain management.
- Lead and develop the purchasing team, providing guidance and training as needed.
- Implement sustainable procurement practices that align with environmental standards.
- Develop and maintain strong relationships with key suppliers and stakeholders.
- Participate in industry events and networking opportunities to stay informed about market developments.
Required Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience as a Purchase Manager, preferably in the real estate or construction industry.
- Demonstrated expertise in sourcing and negotiating with suppliers and vendors.
- Strong understanding of procurement best practices and industry trends.
- Excellent analytical and strategic planning skills.
- Proficiency in financial analysis, budgeting, and cost management.
- Ability to work effectively in a fast-paced, high-pressure environment.
- Outstanding communication and negotiation abilities.
- Good understanding of contract administration and legal regulations.
- Ability to lead and motivate a team, fostering a collaborative and productive work environment.
- Proficiency in using procurement software and other relevant tools.
- Certifications such as Certified Purchasing Manager (CPM) or Certified Professional in Supply Management (CPSM) will be an advantage.
- Proven track record of achieving cost savings and optimizing procurement processes.
- Strong attention to detail and accuracy in maintaining records and documentation.
Skills: negotiation,vendor management,budgeting,market research,procurement,real estate,construction
