Chief Sourcing Officer

3 days ago

Varanasi, Uttar Pradesh, India beBeeProcurement Full time ₹ 2,00,00,000 - ₹ 3,00,00,000
Strategic Procurement Lead

The procurement professional will lead and manage all procurement activities across the organization to support operational efficiency and effectiveness.

Key Responsibilities:
  • Develop strategic procurement plans aligned with business objectives for real estate projects, retail products, and related categories.
  • Oversee the entire procurement process including vendor identification, selection, negotiation, contracting, and performance management.
  • Evaluate and implement procurement policies, processes, and systems to ensure efficient, transparent, and cost-effective sourcing.
  • Negotiate and maintain strong relationships with vendors to ensure consistent supply, quality, and competitive pricing.
  • Collaborate with cross-functional teams to ensure timely availability of materials and services.
  • Analyze procurement budgets and identify cost-saving opportunities while ensuring compliance with budgetary controls.
  • Develop long-term sourcing strategies for key categories like construction materials, interiors, furniture, fixtures, and retail-related inventories.
  • Evaluate supplier risks by assessing their financial health, delivery performance, and quality benchmarks.
  • Implement technology-driven procurement solutions and dashboards to improve procurement efficiency.
  • Ensure compliance with legal requirements in all supplier contracts and procurement activities.
  • Provide regular procurement performance reports, cost savings, supplier scorecards, and procurement KPIs to senior leadership.
  • Lead, mentor, and develop a high-performing procurement team.
Requirements:
  • Education: Bachelor's Degree in Supply Chain, Business Administration, Engineering, or related field. MBA/PGDM preferred.
  • 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.

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