Senior Manager – Procurement

1 week ago

Bengaluru, Karnataka, India BHiVE Workspace Full time

BHIVE Workspace

Bangalore

Referral Category: Category 3

10-12 Years

Graduation

Job Details

Job Summary: The Senior Manager of Capex Procurement will oversee and manage the capital expenditure procurement activities, ensuring cost-effective and timely acquisition of capital assets such as machinery, equipment, and infrastructure. This role requires a professional with strong negotiation, strategic sourcing, and vendor management skills, combined with a deep understanding of Capex projects.

Key Responsibilities:

1. Strategic Sourcing:

  • Develop and implement procurement strategies for capital projects.

  • Identify and evaluate potential suppliers to ensure the best value for the company.

  • Conduct market analysis to anticipate trends and assess procurement risks.

2. Vendor Management:

  • Build and maintain relationships with key suppliers and contractors.

  • Negotiate favourable terms, contracts, and service agreements with vendors.

  • Ensure vendor performance meets organizational standards in terms of quality, cost, and timelines.

3. Budget and Cost Management:

  • Manage and control Capex procurement budgets, ensuring compliance with financial objectives.

  • Monitor spending to identify and capitalize on cost-saving opportunities without compromising quality.

4. Contract Management:

  • Lead contract negotiations for capital projects, ensuring alignment with legal, financial, and regulatory requirements.

  • Oversee the full lifecycle of contracts from initiation to execution and renewal.

5. Team Leadership and Development

  • Lead and mentor the procurement team, ensuring alignment with corporate goals and personal development.

  • Foster a collaborative environment that promotes innovation and best practices.

6. Compliance and Risk Management:

  • Ensure adherence to all internal policies and external regulatory requirements.

  • Proactively manage procurement risks, including supply chain disruptions and contract disputes.

Organizational Overview

About BHIVE Group

The BHIVE Group stands at the forefront of revolutionizing managed offices & enterprise coworking spaces, while democratizing investments in Bengaluru.

BHIVE's Mission: The BHIVE Group's mission is to be amongst the most loved and admired real estate companies of India by 2033

BHIVE's Vision: BHIVE Group envisions helping people live a better quality of life. Anything that we do will have people and quality of life in mind.

We Care For You

Benefits: At BHIVE, we are committed to providing more than just a paycheck—we strive to create a supportive and rewarding work environment where employees feel valued, empowered, and motivated to excel. Our comprehensive benefits package includes

We're a passionate, youthful, and vibrant team, located in the heart of the city's bustling Central Business District Equal Opportunity

Employer: BHIVE proudly stands as an Equal Opportunity Employer – By Choice. We firmly believe that we are most effective in helping our associates, customers, and the communities we serve, lead better lives when we genuinely understand them. This involves recognizing, respecting, and valuing diversity in terms of unique styles, experiences, identities, ideas, and opinions while fostering inclusivity for all individuals.

Impactful Work: Joining BHIVE means contributing to a real impact on the startup ecosystem in India.

Employee Referral Policy

If you refer a candidate, you stand to win exciting prizes.

Category: Referral Category 3

Department

Procurement

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