Procurement Analyst

Position: Procurement Analyst

Company: Ridhira Living Pvt. Ltd.

Location: Hyderabad (Nanakaramguda)

Department: Procurement / Supply Chain

Industry: Hospitality / Real Estate

Job Overview:

Ridhira Living Pvt. Ltd., a pioneer in creating luxurious and sustainable living spaces, is seeking a detail-oriented and experienced Procurement Analyst with a background in hospitality or real estate. The ideal candidate will play a key role in managing procurement activities, vendor relationships, and ensuring cost-effective purchasing practices to support the company’s mission of developing premium, eco-friendly living spaces.

Key Responsibilities:

1. Vendor Management:

• Identify, evaluate, and manage supplier relationships, ensuring the highest quality and cost-effectiveness in purchasing.
• Negotiate contracts and terms with suppliers, focusing on long-term partnerships.
• Monitor supplier performance and address any discrepancies in delivery or quality.

1. Procurement Process:

• Analyze procurement data and trends to recommend cost-saving opportunities and efficiency improvements.
• Ensure that procurement activities align with project timelines and budget constraints.
• Implement procurement best practices to improve internal processes and reduce lead times.

1. Cost Management:

• Conduct detailed cost analysis for goods and services, especially in the areas of construction materials, furnishings, hospitality supplies, and technology solutions.
• Collaborate with the finance team to develop cost models and maintain budgetary control.

1. Inventory and Logistics:

• Manage inventory levels and ensure timely procurement of materials needed for ongoing and future projects.
• Coordinate with logistics teams to streamline the transportation and delivery of goods to various project sites.

1. Compliance and Documentation:

• Ensure all procurement activities comply with internal policies and legal requirements.
• Maintain accurate records of procurement transactions, contracts, and vendor agreements.

1. Collaboration:

• Work closely with the project management, finance, and operations teams to support the overall goals of the organization.
• Provide regular procurement updates and reports to senior management.

Key Requirements:

• Education: Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• Experience: 3-5 years of procurement experience, ideally in hospitality or real estate sectors.
• Skills:
• Strong negotiation skills with a focus on value engineering.
• Proficiency in procurement software and ERP systems (e.g., SAP, Oracle, or similar).
• Excellent analytical, problem-solving, and organizational skills.
• Ability to manage multiple projects and meet deadlines in a fast-paced environment.
• Strong communication and interpersonal skills.

Preferred Qualifications:

• Prior experience working in procurement for large-scale hospitality projects (hotels, resorts) or real estate developments.
• Understanding of sustainable and eco-friendly procurement practices.
• Certifications like CIPS (Chartered Institute of Procurement & Supply) or APICS (Association for Supply Chain Management) are a plus.

Share cv at anusha@ridhira.com