
Senior Procurement Executive
1 week ago
Job Title: Senior Procurement Executive
Location:
Industry Focus: Real Estate and Retail Operations
Position OverviewThe Senior Procurement Executive will be responsible for developing and executing procurement strategies that support business objectives in real estate and retail operations. This role requires expertise in vendor management, cost control, contract negotiations, and procurement planning specific to the retail or real estate sectors.
Main Responsibilities
- Develop and implement 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, transparent, and cost-effective sourcing.
- Build and maintain strong relationships with vendors to ensure consistent supply, quality, and competitive pricing.
- Collaborate with project teams, operations, design, and finance departments to ensure timely availability of materials and services.
- Monitor procurement budgets and analyze cost-saving opportunities.
- 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 solutions to improve procurement efficiency.
- Ensure compliance with all supplier contracts and procurement activities.
- Regularly report procurement performance, cost savings, supplier scorecards, and procurement KPIs to top management.
Education
- Bachelor's Degree in Supply Chain, Procurement, Business Administration, Engineering, or a related field. MBA/PGDM preferred.
Experience
- Minimum 12+ years of procurement experience in the real estate industry.
- 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.
Skillset
- 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.
Candidate 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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