Chief Procurement Strategist for Ultra-Luxury Real Estate Projects

3 days ago

Vijayawada, Andhra Pradesh, India beBeeLuxuryProcurement Full time ₹ 1,80,00,000 - ₹ 2,50,00,000

Job Summary:

The successful candidate will be responsible for leading the procurement and contracts function for high-value, 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.

Responsibilities:

  • Develop and implement procurement strategies to ensure the timely sourcing of world-class materials, finishes, fixtures, and furnishings befitting 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 reputed 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 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.

Qualification, Experience & Skills:

  • 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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