Senior Manager, Procurement

2 days ago

Bengaluru, Karnataka, India Redbrick Offices Full time ₹ 1,50,000 - ₹ 2,00,000 per year

Key Responsibilities:

1. Procurement Strategy and Planning:

  • Develop and implement the procurement strategy in alignment with the company's operational and budgetary objectives.
  • Identify opportunities for cost savings and process improvements in procurement operations.
  • Conduct regular market research to stay updated on price trends and supplier innovations.

2. Vendor Management:

  • Build and maintain strong relationships with vendors, contractors, and suppliers.
  • Evaluate and select suppliers based on quality, reliability, and cost-effectiveness.
  • Negotiate terms, contracts, and payment conditions to ensure favorable terms for the organization.
  • Conduct periodic supplier audits and performance reviews.

3. Purchasing Operations:

  • Oversee the procurement of office supplies, furniture and other operational necessities for co-working spaces.
  • Monitor and manage purchase orders, ensuring timely delivery and quality checks.
  • Maintain accurate procurement records, including invoices, contracts, and purchase agreements.

4. Budget and Cost Control:

  • Work closely with the finance team to develop and adhere to procurement budgets.
  • Monitor spending and ensure procurement processes align with allocated budgets.
  • Identify areas to optimize procurement costs without compromising quality.

5. Inventory and Asset Management:

  • Ensure optimal inventory levels to avoid stockouts or overstocking of critical supplies.
  • Coordinate with facility managers to maintain and track asset inventory.
  • Establish and implement efficient inventory control systems.

6. Compliance and Risk Management:

  • Ensure adherence to procurement policies and legal regulations.
  • Mitigate procurement risks by managing contract terms and maintaining transparency in dealings.
  • Resolve disputes with vendors or suppliers effectively and professionally.

Required Skills and Competencies:

  • Strong negotiation and communication skills.
  • Excellent organizational and time management abilities.
  • Analytical mindset with attention to detail.
  • Ability to build and maintain strong supplier relationships.
  • Proficiency in procurement software and ERP systems.
  • Knowledge of sustainability and eco-friendly procurement practices is a plus.

Qualifications and Experience:

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field (MBA preferred).
  • 7+ years of experience in procurement or supply chain management, preferably in the real estate, facilities management, or hospitality industry.
  • Familiarity with co-working space operations is an added advantage.

Key Performance Indicators (KPIs):

  • Cost savings achieved through efficient procurement practices.
  • Supplier performance metrics (quality, reliability, and compliance).
  • Adherence to procurement budgets and timelines.
  • Inventory turnover rates and stock optimization.
  • Percentage of sustainable/eco-friendly purchases.

Contact HR at or share your resume at

Job Types: Full-time, Permanent

Pay: ₹150, ₹200,000.00 per month

Benefits:

  • Health insurance
  • Paid sick time
  • Provident Fund

Work Location: In person

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