
Cost Strategy Specialist
4 days ago
The successful Procurement Expert will play a pivotal role in crafting BOQs, specifications, and tender documents.
Key Responsibilities:
- Developing BOQs, specifications, and tender documents in coordination with operations teams to drive cost-effective strategies
- Periodic price evaluation for key raw materials and critical items to optimize procurement processes
- Leading Tendering activities, defining tender processes, inviting bids from pre-qualified vendors, completing the tender cycle/process, and finalizing vendors by considering procurement SOPs
- Managing procure-to-pay (P2P) & source to pay (S2P) processes to ensure compliance with strategies, purchasing channels, policies, processes, and procedures
- Developing and executing strategic sourcing plans, assertively negotiating commercial supplier relationships, and managing contracts to deliver significant cost savings for the business
- Developing and monitoring Contractor Performance Management Systems in coordination with operations teams
- Exploring and driving cost-saving initiatives by applying global best practices with required local customization, coordinating with clients, CBRE global teams, and local operations teams
- Providing extended support to finance departments on their requirements and queries related to supplier invoicing, documentation, and active status
- Contributing to achieving departmental savings targets through the concept of Total Cost of Ownership (TCO)
- Strong interpersonal skills
- Effective client management
- Excellent negotiation skills
- Ability to conduct cost estimations for civil, mechanical, and electrical engineering works as per design, drawings, and standards
- Ability to develop BOQs, specifications, and tender documents
- Ability to develop and run efficient P2P cycles and Supplier Relations Management
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