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Contracts and Procurement Engineer
Larsen & Toubro
Manage contracts, procurement, cost control, and supplier sourcing for precast projects.
9d ago
Expert & Leadership (13+ years)
Full Time
Mumbai, Maharashtra, India
Office Full-Time
Company Size
54,596 Employees
Service Specialisms
Construction services
Project Management
Engineering
Design
Technical Services
Turnkey
General Contractor
Architecture
Sector Specialisms
Buildings & Factories
Transport Infrastructure
Heavy Civil Infrastructure
Smart World & Communication
Water & Renewable Energy
Power Transmission & Distribution
Hydrocarbon (offshore and onshore projects)
Coal-based Power Plants
Role
What you would be doing
- Review costing to build efficient price bid offers
- Supplier Sourcing: Identify and evaluate specialised suppliers in precast works to ensure high quality, reliability, and cost-efficiency of materials and services.
- Contract Management – For large tender analyse contracts and review terms and conditions, eligibility criteria, and qualifications as well as bid offers as applicable. Identify risks and opportunities. Review for additional scope and items that can be converted to Precast.
- Compliance: Ensure adherence to company policies, industry regulations, and quality standards.
- Review, evaluate, and manage contract terms and conditions to mitigate risks and ensure compliance.
- Procurement Management: Oversee procurement activities materials and services, ensuring timely and cost-effective acquisition across ICs
- Technology Integration: Support the adoption of new technologies and best practices in procurement processes.
- Rate Negotiation: Assist ICs to negotiate contracts and purchase agreements to secure favourable terms and conditions.
- Project Collaboration: Work closely with ICs to align procurement with material requirements and project timelines.
- Rate Standardization: Network with various vendors to complete rate analysis and come up with standardized rates in different categories that can be shared with all ICs involved
- Digital: Adopt various Digital and AI tools to read contracts, rate quotations and T&Cs to improve efficiency
- Cost Control: Assist ICs to monitor expenses and supplier terms to maintain budgetary control and cost-effectiveness.
What you bringBenefits
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Training + DevelopmentInformation not given or found
Interview process
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Company
Overview
Founded in 1946
Year Established
The company was started in 1946 by two Danish engineers.
Revenue Billions USD
Annual Revenue
The company generates tens of billions of USD annually.
- A small Bombay firm that evolved into a global powerhouse.
- Expanded into major infrastructure and industrial projects worldwide.
- Delivers EPC projects in energy, transport, and defense.
- Notable projects include power plants, metro rail systems, hydrocarbon facilities, and naval vessels across emerging markets.
- Subsidiaries like LTIMindtree and L&T Technology Services drive its footprint in digital engineering and consulting.
- Known for tackling large-scale, complex assignments in defense, power, urban transit, and marine engineering.
- Integrity and transparency in all dealings.
- Commitment to excellence and innovation.
- Customer satisfaction through quality, service, and value.
- Respect for the environment and communities.
- A culture of teamwork, collaboration, and respect for diversity of thought.
- Continuous learning, development, and growth.
- Safety as the first priority in all operations.
Net Zero by 2040
Sustainability Goal
The company aims to achieve net-zero emissions by 2040 through comprehensive sustainability initiatives.
- Implementation of energy-efficient technologies in all operations.
- Reduction in carbon footprint through sustainable practices.
- Investment in renewable energy sources like solar and wind.
- Commitment to circular economy principles in product design and waste management.
- Promotion of green building initiatives and sustainable infrastructure.
- Achieving gender balance across all levels of the organization.
- Female representation at leadership positions increased year over year.
- Commitment to gender-neutral policies and equal pay for equal work.
- Fostering an inclusive workplace through mentorship programs and training.
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