Chief Procurement Officer
1 day ago
About This Role:
The Head of Procurement will lead and strategize all procurement activities across the organization. The role demands expertise in vendor management, cost control, contract negotiations, and procurement planning specific to real estate and retail operations.
Responsibilities:
- Develop and execute procurement strategies aligned with 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 sourcing.
- Build 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 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 to improve efficiency.
- Ensure legal compliance in all supplier contracts and procurement activities.
- Regularly report procurement performance, cost savings, supplier scorecards, and KPIs to top management.
- Lead a high-performing procurement team.
Requirements:
- Bachelor's Degree in Supply Chain, Business Administration, Engineering, or related field.
- Minimum 12+ years of procurement experience in the real estate industry.
- Proven track record of handling large-scale residential/commercial projects or high-volume retail operations.
Skills:
- Negotiation, communication, and analytical skills.
- Knowledge of procurement best practices, supply chain systems, and contract laws.
- Ability to manage multiple projects and vendors under tight deadlines.
Attributes:
- Strong leadership with a strategic mindset.
- Commercially astute and highly organized.
- Ethical, transparent, and process-oriented.
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