Luxury Real Estate Procurement Specialist

6 hours ago

Aurangabad, Maharashtra, India beBeeProcurement Full time ₹ 25,00,000 - ₹ 30,00,000

Leading the procurement and contracts function for high-value real estate projects requires a professional with exceptional negotiation skills, deep knowledge of premium materials, and global sourcing expertise. The position oversees the preparation, evaluation, and administration of all contractual agreements with consultants, contractors, and suppliers.

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  • Procurement Strategy
    • Develop and implement strategies to ensure timely sourcing of world-class materials and finishes.
    • Identify and onboard premium suppliers and artisans to meet project design intent and quality benchmarks.
    • Forecast procurement budgets and timelines in coordination with project teams.
  • Vendor Management
    • Build long-term relationships with reputed national and international vendors.
    • Conduct vendor audits to ensure compliance with quality, sustainability, and ethical 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.

The ideal candidate will have a Bachelor's degree in Engineering, Supply Chain Management, or Commerce, an MBA preferred. 15+ years of experience in procurement and contracts, 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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