
Ultra Luxury Procurement Strategist
1 day ago
Job Summary:
We are seeking a seasoned procurement leader to spearhead the sourcing and contracting efforts for high-end real estate projects. This role demands exceptional negotiation skills, deep knowledge of premium materials, global sourcing expertise, and cost efficiency, quality, and timely delivery.
Responsibilities:
- Develop strategic procurement plans to source world-class materials, finishes, fixtures, and furnishings for ultra-luxury projects.
- Identify and onboard premium suppliers, artisans, and global brands to meet project design intent and quality benchmarks.
- Forecast procurement budgets and timelines in coordination with project, design, and finance teams.
Vendor & Supplier Management:
- Build 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 procurement 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.
Qualifications, Experience & Skills:
Required
- Bachelor's degree in Engineering / Supply Chain Management / Commerce; MBA preferred.
- 15+ years of experience in procurement and contracts, with at least 7 years in leadership roles within luxury real estate.
- Proven track record in sourcing premium international materials, finishes, and fixtures.
- Strong legal and commercial acumen in contract management.
- Excellent negotiation, vendor relationship, and stakeholder management skills.
- Exposure to global procurement markets and luxury design trends.
Core Competencies:
- Strategic procurement leadership with cost consciousness and quality assurance.
- Strong proficiency in contract negotiation, drafting, and administration.
- Capability to manage complex vendor dynamics—with emphasis on luxury standards.
- Analytical mindset, proficient in budgeting, forecasting, and spend tracking.
- Excellent communication, stakeholder management, and team leadership.
- Ability to perform under tight timelines without compromising standards.
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