Procurement Analyst
1 month ago
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:
- 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.
- 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.
- 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.
- 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.
- Compliance and Documentation:
- Ensure all procurement activities comply with internal policies and legal requirements.
- Maintain accurate records of procurement transactions, contracts, and vendor agreements.
- 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
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