Procurement Strategist

This role demands an exceptional procurement professional to spearhead strategic sourcing initiatives across the organization. As the Head of Procurement, you will lead cross-functional teams to optimize procurement processes and drive cost savings through vendor negotiation, contract management, and supply chain optimization.

Key Responsibilities:

• Develop and execute comprehensive procurement strategies that align with business objectives.
• Lead end-to-end procurement activities including vendor identification, selection, negotiation, contracting, and performance management.
• Establish and implement procurement policies, processes, and systems to ensure transparency, efficiency, and cost-effectiveness.
• Build and maintain strong relationships with vendors to ensure consistent supply, quality, and competitive pricing.
• Collaborate with project teams, operations, design, and finance departments to ensure timely availability of materials and services.
• Monitor and analyze procurement budgets, identify cost-saving opportunities, and ensure compliance with budgetary controls.
• Develop long-term sourcing strategies for key categories such as 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 enhance procurement efficiency.
• Ensure compliance with legal requirements 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:

• 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.
• Proven track record of handling procurement for large-scale residential/commercial projects or high-volume retail operations.
• Strong experience in vendor negotiations, cost control, strategic sourcing, and contract management.

Skills:

• Excellent negotiation, communication, and analytical skills.
• 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.

Preferred Exposure:

• Sourcing and procurement of construction materials, MEP supplies, furniture, and fixtures.
• Knowledge of sustainable and quality procurement standards.

Attributes:

• Strong leadership with a strategic mindset.
• Commercially astute and highly organized.
• Ethical, transparent, and process-oriented.
• Ability to drive innovation in procurement processes.