Chief Acquisition Officer

1 week ago

Gulbarga, Karnataka, India beBeeProcurement Full time ₹ 1,50,00,000 - ₹ 2,00,00,000
Strategic Procurement Leader

Job Title: Head of Procurement

A strategic leader is required to oversee all procurement and sourcing activities across the organization, supporting real estate and retail operations. The ideal candidate will possess expertise in vendor management, cost control, contract negotiations, and procurement planning specific to the retail or real estate sectors.

Key Responsibilities:

  • Develop and execute procurement strategies aligned with the company's business goals for real estate projects, retail products, and related categories.
  • Lead the 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:

  • 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.
  • 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.

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