
Executive Procurement Specialist
24 hours ago
The position of Procurement Leader is responsible for overseeing the procurement and contracting processes for high-end real estate projects. This role requires exceptional negotiation skills, thorough knowledge of premium-grade materials, expertise in global sourcing, and ability to manage strategic partnerships with vendors while ensuring cost-effectiveness, quality, and timely delivery.
Main Responsibilities:- Procurement Planning & Strategy
- Create and implement procurement strategies to ensure timely acquisition of world-class materials, finishes, fixtures, and furnishings suitable for ultra-luxury projects.
- Select and onboard premium suppliers, artisans, and global brands to meet project design intent and quality benchmarks.
- Forecast procurement budgets and timelines in collaboration with project, design, and finance teams.
- Vendor & Supplier Management
- Establish and maintain long-term relationships with reputable national and international vendors.
- Conduct vendor audits to ensure compliance with quality, sustainability, and ethical sourcing standards.
- Negotiate high-value contracts, ensuring optimal cost without compromising quality or exclusivity.
- Contracts Management
- Draft, review, and finalize contracts with contractors, consultants, and suppliers, ensuring legal and commercial safeguards.
- Monitor contract execution, variations, claims, and dispute resolution in collaboration with legal teams.
- Ensure all contracts adhere to statutory requirements and corporate governance policies.
- Cost Control & Value Engineering
- Lead value engineering exercises without diluting design aesthetics or material quality.
- Monitor market trends, price fluctuations, and alternative sourcing options to ensure cost competitiveness.
- Approve purchase orders within delegated authority limits.
- Team Leadership & Collaboration
- Lead and mentor a high-performing Purchase & Contracts team.
- Work closely with project management, design, and construction teams to align procurement schedules with project milestones.
- Ensure seamless coordination between procurement, logistics, and site execution teams.
- Risk, Compliance & Continuous Improvement
- Identify and mitigate procurement risks such as supplier disruptions, cost escalation, or regulatory non-compliance.
- Project & Stakeholder Collaboration
- Align closely with project, design, architectural, finance, legal, and site teams to synchronize procurement and contracting timelines and objectives.
- Provide clear status updates, risk assessments, spend reporting, and procurement insights to senior leadership.
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