Head of Strategic Sourcing

4 days ago

Ellore, Andhra Pradesh, India beBeeProcurement Full time ₹ 2,00,00,000 - ₹ 2,50,00,000
Job Title: Head of Procurement

A senior procurement professional is sought to lead and manage all procurement and sourcing activities for our company.

  • Main Responsibilities:
  • Develop and execute procurement strategies aligned with business goals for real estate projects, retail products, and related categories.
  • Lead end-to-end procurement process including vendor identification, selection, negotiation, contracting, and performance management.
  • Establish procurement policies, processes, and systems to ensure efficient, transparent, and cost-effective sourcing.
  • Build and maintain strong vendor relationships to ensure consistent supply, quality, and competitive pricing.
  • Lead procurement planning in coordination with project teams, operations, design, and finance departments to ensure timely availability of materials and services.
  • Monitor procurement budgets, analyze cost-saving opportunities, and ensure compliance with budgetary controls.
  • Develop long-term sourcing strategies for key categories like construction materials, interiors, furniture, fixtures, and retail-related inventories.
  • Manage procurement risks by evaluating suppliers' financial health, delivery performance, and quality benchmarks.
  • Implement technology-driven procurement solutions, ERP systems, and dashboards to improve procurement efficiency.
  • Ensure legal compliance in all supplier contracts and procurement activities.
  • Regularly report procurement performance, cost savings, supplier scorecards, and procurement KPIs to top management.
  • Lead, mentor, and develop a high-performing procurement team.
Requirements

To be successful in this role, the ideal candidate will possess the following qualifications:

  • Education: Bachelor's Degree in Supply Chain, Procurement, Business Administration, Engineering, or related field. MBA/PGDM preferred.
  • Experience: Minimum 12+ years of procurement experience in real estate industry only.
  • Skills: Excellent negotiation, communication, and analytical skills.
  • Additional Requirements: Strong knowledge of procurement best practices, supply chain systems, and contract laws. Proficiency in ERP procurement modules (SAP, Oracle, etc.). Ability to manage multiple projects and vendors simultaneously under tight deadlines.

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