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Procurement Manager
2 weeks ago
Job Description – Procurement Manager
Company:
Ridhira Group
Location:
Hyderabad
Industry:
Real Estate / Infrastructure
Experience Required:
10+ years (Exclusively in Real Estate, Construction, or Infrastructure procurement)
Position Level:
Manager / Senior Manager
About Ridhira Group
Ridhira Group is a fast-growing diversified organization with a strong presence in
real estate, hospitality, wellness, and lifestyle sectors
. We are committed to delivering premium quality developments and pioneering lifestyle concepts with excellence.
Role Overview
The
Procurement Manager
will be responsible for developing and implementing procurement strategies for real estate projects, ensuring cost-effective purchasing of materials, equipment, and services while maintaining high quality and compliance standards. The role requires strong negotiation, vendor management, and cost optimization expertise in the
real estate & construction domain
.
Key Responsibilities
- Procurement Strategy & Planning
- Develop and implement effective procurement policies, systems, and procedures tailored to real estate and construction needs.
- Forecast procurement requirements for ongoing and upcoming real estate projects.
- Ensure alignment of procurement strategy with project timelines and budgets.
- Vendor Management & Sourcing
- Identify, qualify, and develop reliable vendor base for construction materials, equipment, and services.
- Negotiate contracts, payment terms, and supply agreements to achieve cost savings and quality assurance.
- Maintain strong vendor relationships while ensuring accountability and compliance.
- Cost & Contract Management
- Control procurement budgets and optimize costs without compromising quality.
- Evaluate quotations, prepare comparative statements, and finalize vendors.
- Draft, review, and manage procurement contracts, including risk assessment and dispute resolution.
- Project Procurement Execution
- Coordinate with project, engineering, and finance teams for timely procurement and delivery.
- Ensure procurement of building materials, MEP items, finishes, and other construction-related supplies.
- Oversee logistics, warehousing, and supply chain operations to avoid project delays.
- Compliance & Quality Control
- Ensure adherence to statutory regulations, company policies, and quality standards.
- Implement best practices for sustainable procurement and ethical sourcing.
- Conduct audits, supplier evaluations, and risk assessments.
- Team Leadership
- Lead, mentor, and guide a team of procurement executives/officers.
- Ensure continuous improvement in processes, systems, and team efficiency.\
Key Skills & Competencies
- Strong knowledge of
construction materials, real estate supply chain, and vendor ecosystems
. - Expertise in
procurement contract management and negotiation
. - Hands-on experience with
SAP / ERP procurement modules
. - Excellent leadership, communication, and decision-making skills.
- Ability to work under pressure and deliver within deadlines.
- Strong financial and analytical acumen.
Qualifications
- Graduate in
Civil Engineering / Construction Management
(preferred) OR Bachelor's degree in Business Administration / Supply Chain. - MBA or PG in
Supply Chain / Procurement
is an added advantage. - 10+ years of proven experience in
procurement & supply chain in real estate, construction, or infrastructure industry
.
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