Procurement Manager
3 weeks ago
Housr is India’s premier luxury co-living brand, offering a trailblazing living experience with fully furnished and managed co-living spaces, serviced apartments, and studio spaces. A niche player in managed living for millennials and working professionals, Housr aims to revolutionise how people find and experience housing by fostering a community of like-minded individuals.
With all modern conveniences, a class-apart community, and a social playground of endless opportunities, Housr is the perfect luxury oasis for today’s uber-digital generation. Its expansive portfolio of 70+ premium properties spans Gurugram, Bangalore, Pune, Hyderabad, and Vizag.
Housr sets the benchmark for luxury living with an array of premium services such as:
Professional Housekeeping
Doorstep Laundry
Gourmet Meals
High-Speed Internet
3-Tier Security
Tech-Enabled Living & More
Position Overview:
We are seeking an experienced and strategic Procurement Manager to oversee the end-to-end procurement process and drive cost-effective purchasing initiatives. This role requires a hands-on professional with expertise in sourcing, supplier management, and strategic cost optimization to support the organization's operational and financial goals.
Key Responsibilities:
Strategic Sourcing:
Develop and execute strategic sourcing initiatives to reduce overall costs while maintaining quality and service standards.
Build and sustain long-term partnerships with suppliers through effective alliances and collaboration.
Continuously improve and automate procurement processes for greater efficiency.
Vendor Management:
Identify, evaluate, and develop suppliers to ensure competitive pricing, quality, and delivery adherence.
Negotiate terms and conditions with suppliers to secure advantageous agreements and the best total acquisition costs.
Perform market analysis to identify new sourcing opportunities and reduce dependency on single suppliers.
Purchasing and Cost Control:
Develop and implement purchasing strategies aligned with organizational objectives.
Ensure cost-effective and favorable procurement of direct and indirect materials.
Control procurement spending and foster a culture of long-term savings.
Research and apply appropriate costing techniques to benchmark prices across commodities and items.
Operational Excellence:
Collaborate with internal stakeholders to understand their purchasing needs and ensure timely fulfillment.
Manage inventory levels to meet production demands while minimizing excess.
Monitor demand forecasts and adjust procurement plans accordingly.
Prepare and manage budgets related to procurement activities.
Compliance and Reporting:
Oversee contract management, ensuring compliance with company policies and legal requirements.
Develop selection criteria and conduct supplier analysis to rank and weight supplier performance.
Prepare and analyze techno-commercial comparative statements for informed decision-making.
Continuous Improvement:
Ensure suppliers consistently meet cost, quality, and delivery benchmarks.
Drive innovation in vendor development and sourcing strategies for finished products and raw materials.
Establish and maintain annual rate contracts (ARC) for consumables and maintenance items.
Qualifications and Skills:
Master’s degree in supply chain management, business, or a related field.
5+ years of experience in procurement or purchasing roles.
Proven hands-on experience in procurement and vendor management, including direct and indirect materials.
Strong negotiation skills with the ability to secure favourable terms.
Proficiency in market research, supply chain analysis, and inventory management.
Excellent problem-solving and decision-making abilities.
Ability to work collaboratively with cross-functional teams to meet organizational goals.
Experience in cost benchmarking and implementing savings initiatives.
This role is ideal for an experienced procurement professional with a strategic mindset and a results-driven approach. If you are passionate about optimizing procurement operations and building lasting supplier relationships, we invite you to join our team
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