▷ (15h Left) Procurement Manager
1 week ago
Housr is India’s premier luxury co-living brand, offering a trailblazing living experience with fully furnished and managed co-living spaces, serviced apartments, and studio spaces. A niche player in managed living for millennials and working professionals, Housr aims to revolutionise how people find and experience housing by fostering a community of like-minded individuals.
With all modern conveniences, a class-apart community, and a social playground of endless opportunities, Housr is the perfect luxury oasis for today’s uber-digital generation. Its expansive portfolio of 70+ premium properties spans Gurugram, Bangalore, Pune, Hyderabad, and Vizag.
Housr sets the benchmark for luxury living with an array of premium services such as:
- Professional Housekeeping- Doorstep Laundry- Gourmet Meals- High-Speed Internet- 3-Tier Security- Tech-Enabled Living & More
Position Overview:
We are seeking an experienced and strategic Procurement Manager to oversee the end-to-end procurement process and drive cost-effective purchasing initiatives. This role requires a hands-on professional with expertise in sourcing, supplier management, and strategic cost optimization to support the organization's operational and financial goals.
Key Responsibilities:
Strategic Sourcing:
- Develop and execute strategic sourcing initiatives to reduce overall costs while maintaining quality and service standards.- Build and sustain long-term partnerships with suppliers through effective alliances and collaboration.- Continuously improve and automate procurement processes for greater efficiency.
Vendor Management:
- Identify, evaluate, and develop suppliers to ensure competitive pricing, quality, and delivery adherence.- Negotiate terms and conditions with suppliers to secure advantageous agreements and the best total acquisition costs.- Perform market analysis to identify new sourcing opportunities and reduce dependency on single suppliers.
Purchasing and Cost Control:
- Develop and implement purchasing strategies aligned with organizational objectives.- Ensure cost-effective and favorable procurement of direct and indirect materials.- Control procurement spending and foster a culture of long-term savings.- Research and apply appropriate costing techniques to benchmark prices across commodities and items.
Operational Excellence:
- Collaborate with internal stakeholders to understand their purchasing needs and ensure timely fulfillment.- Manage inventory levels to meet production demands while minimizing excess.- Monitor demand forecasts and adjust procurement plans accordingly.- Prepare and manage budgets related to procurement activities.
Compliance and Reporting:
- Oversee contract management, ensuring compliance with company policies and legal requirements.- Develop selection criteria and conduct supplier analysis to rank and weight supplier performance.- Prepare and analyze techno-commercial comparative statements for informed decision-making.
Continuous Improvement:
- Ensure suppliers consistently meet cost, quality, and delivery benchmarks.- Drive innovation in vendor development and sourcing strategies for finished products and raw materials.- Establish and maintain annual rate contracts (ARC) for consumables and maintenance items.
Qualifications and Skills:
- Master’s degree in supply chain management, business, or a related field.- 5+ years of experience in procurement or purchasing roles.- Proven hands-on experience in procurement and vendor management, including direct and indirect materials.- Strong negotiation skills with the ability to secure favourable terms.- Proficiency in market research, supply chain analysis, and inventory management.- Excellent problem-solving and decision-making abilities.- Ability to work collaboratively with cross-functional teams to meet organizational goals.- Experience in cost benchmarking and implementing savings initiatives.
This role is ideal for an experienced procurement professional with a strategic mindset and a results-driven approach. If you are passionate about optimizing procurement operations and building lasting supplier relationships, we invite you to join our team
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