Procurement Executive

3 weeks ago

Madhapur Hyderabad Telangana, India dwaraka infrastructure Full time

**Position Title: Procurement Executive**

**Location: Madhapur, Hyderabad.**

**Company Overview**:
The Headquarters is a unit of the renowned Hyderabad-based conglomerate Dwaraka Group of Companies.

While Dwaraka is a true titan in the business world with ventures in various industries including construction of office spaces, The Headquarters is specialized in providing premium high-rise offices with the most flexible lease terms.

The distinctive flexi-offices concept of Headquarters allows businesses to modify spaces during the lease period, whether it’s expanding to accommodate growth or optimizing by eliminating excess space. Our flexible lease terms also afford relocation to a different building within our portfolio.

Currently operating with offices in 15 different buildings, we offer solutions in four formats namely Managed Office Spaces, Fully Furnished Offices, Co-working Spaces & Hourly/Daily rentals of Conference rooms & Event Spaces.

All our offices are strategically located close to public transit terminals to ensure smooth & efficient commute to work.

Whether you’re a startup or a well-established company, Headquarters has the perfect office solution for you.

**Position Overview**:
The Procurement Manager will play a crucial role in optimizing our procurement processes and ensuring the efficient sourcing of goods and services necessary for the smooth operation of our serviced office spaces. This individual will be responsible for developing and implementing procurement strategies, managing supplier relationships, and driving cost savings initiatives while maintaining the highest standards of quality and service delivery.

**Key Responsibilities**:
**1. Develop and Implement Procurement Strategies**:

- Collaborate with senior management to develop procurement strategies aligned with organizational goals and objectives.
- Identify opportunities to streamline procurement processes and enhance efficiency.
- Establish procurement policies and procedures to ensure compliance and transparency.

**2. Supplier Management**:

- Source, evaluate, and select suppliers/vendors based on quality, reliability, and cost-effectiveness.
- Negotiate contracts and agreements to secure favorable terms and pricing.
- Monitor supplier performance and conduct regular reviews to ensure adherence to service level agreements.

**3. Cost Management and Budgeting**:

- Develop and manage procurement budgets in coordination with finance and operational teams.
- Identify opportunities for cost savings through strategic sourcing, vendor consolidation, and contract negotiations.
- Monitor and analyze procurement spend to identify trends and areas for improvement.

**4. Quality Assurance and Compliance**:

- Establish quality standards and specifications for procured goods and services.
- Ensure compliance with regulatory requirements and industry standards.
- Conduct regular audits and assessments to verify supplier compliance and product/service quality.

**5. Stakeholder Engagement**:

- Collaborate with internal stakeholders across departments to understand their procurement needs and requirements.
- Provide guidance and support to departments on procurement-related matters.
- Foster strong relationships with key stakeholders to promote alignment and collaboration.

**Qualifications**:

- Bachelor's degree in Business Administration, Supply Chain Management, or related field. Master's degree preferred.
- Proven experience in procurement management, preferably in the Real estate or Construction Industry.
- Strong negotiation skills with a track record of achieving cost savings and favorable contract terms.
- Excellent analytical and problem-solving abilities.
- Familiarity with procurement software and systems.
- Solid understanding of procurement best practices, regulations, and compliance standards.
- Exceptional communication and interpersonal skills.
- Ability to work effectively in a fast-paced, dynamic environment.

Pay: ₹300,000.00 - ₹480,000.00 per year

**Benefits**:

- Health insurance

Schedule:

- Morning shift

**Experience**:

- total work: 2 years (preferred)

Work Location: In person

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