Luxury Real Estate Procurement Director

22 hours ago

Vellore, Tamil Nadu, India beBeeProcurement Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

Job Title:

Strategic Procurement Leader

Description:

The Strategic Procurement Leader will spearhead the procurement and contracting function for high-end, ultra-luxury real estate projects. This role demands exceptional negotiation skills, deep knowledge of premium-grade materials, global sourcing expertise, and the ability to manage strategic vendor partnerships while ensuring cost efficiency, quality, and timely delivery.

  • Sourcing Strategy & Planning: Develop and implement procurement strategies to ensure the timely sourcing of world-class materials, finishes, fixtures, and furnishings befitting ultra-luxury projects.
  • Vendor Identification & Onboarding: Identify and onboard premium suppliers, artisans, and global brands to meet project design intent and quality benchmarks.
  • Budgeting & Forecasting: Collaborate with project, design, and finance teams to forecast procurement budgets and timelines.

Vendor Management:

  • Long-Term Relationships: Build and maintain long-term relationships with reputed national and international vendors.
  • Vendor Audits: Conduct vendor audits to ensure compliance with quality, sustainability, and ethical sourcing standards.
  • Negotiation & Contract Management: Negotiate high-value contracts, ensuring optimal cost without compromising quality or exclusivity.

Contract Administration:

  • Contract Drafting & Review: Collaborate with legal teams to draft, review, and finalize contracts with contractors, consultants, and suppliers.
  • Contract Monitoring: Monitor contract execution, variations, claims, and dispute resolution in collaboration with legal teams.

Cost Control & Value Engineering:

  • Value Engineering Exercises: Lead value engineering exercises to optimize costs without diluting design aesthetics or material quality.
  • Market Trend Analysis: Monitor market trends, price fluctuations, and alternative sourcing options to ensure cost competitiveness.

Team Leadership & Collaboration:

  • Team Leadership: Lead and mentor a high-performing team.
  • Cross-Functional Collaboration: Work closely with project management, design, and construction teams to align procurement schedules with project milestones.

Qualifications & Experience:

A 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. The ideal candidate should possess strategic procurement leadership, contract negotiation, vendor dynamics management, budgeting, forecasting, spend tracking, and team leadership skills.

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