Vice President Purchase

1 day ago


Chennai, Tamil Nadu, India MP Developers Full time

We are Hiring Vice President- Purchase for MP Developers located at Pallavaram, Chennai

JOB DESCRIPTION-VP-PURCHASE

To leads strategic sourcing and purchasing for property development/management, focusing on cost savings, quality, and timely acquisition of materials for projects, managing large vendor bases, negotiating contracts, ensuring compliance, and mentoring teams to support business goals in a competitive market.

Key Responsibilities

  • Strategy & Leadership: Develop & implement overall procurement strategy, lead the procurement team, set KPIs, and drive innovation for cost efficiency.
  • Sourcing & Negotiation: Oversee strategic sourcing, RFPs, complex negotiations for high-value contracts (materials, services, property), ensuring best value and terms.
  • Supplier Management: Build and maintain strong supplier/vendor relationships, conduct appraisals, and manage performance (quality, delivery, ethics).
  • Project Integration: Collaborate with Development, Design, Finance, Legal, and Operations teams to align procurement with project timelines and budgets.
  • Budget & Cost Control: Manage procurement budgets, forecast needs, analyze market trends, and identify cost-saving opportunities.
  • Compliance & Risk: Ensure adherence to company policies, legal/regulatory standards, and mitigate supply chain risks.
  • Process Improvement: Standardize procedures, implement procurement technologies, and drive efficiency across the function.

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