Senior Manager – Procurement

5 days ago

Lower Parel Mumbai Maharashtra, India Crest Property Solutions Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Team: Management

Job Purpose

The Senior Manager – Procurement will be responsible for overseeing and managing all procurement activities essential for the effective functioning of the facility management company. The role involves strategic planning, supplier/vendor management, cost control, contract management, and ensuring compliance with procurement policies and regulations. The incumbent will play a key role in driving efficiency, ensuring value for money, and supporting business growth.

Key Responsibilities & Accountabilities

Procurement Strategy & Planning

  • Develop and implement procurement strategies aligned with company objectives.
  • Optimize procurement processes to ensure cost efficiency, quality, and timely delivery.
  • Drive continuous improvement in procurement operations.

Supplier & Vendor Management

  • Identify, evaluate, and negotiate with suppliers to secure competitive terms.
  • Build and maintain strong supplier relationships to ensure reliability and service excellence.
  • Conduct supplier performance reviews and ensure compliance with contracts.

Contract & Compliance Management

  • Lead contract negotiations and ensure favorable terms and risk mitigation.
  • Ensure adherence to company procurement policies, procedures, and regulatory requirements.
  • Maintain ethical standards and integrity in all procurement activities.

Financial & Cost Optimization

  • Conduct cost analysis and identify opportunities for savings and value creation.
  • Monitor procurement budgets and ensure alignment with financial objectives.
  • Implement effective spend management and reporting practices.

Reporting & Analysis

  • Prepare and present reports on procurement performance, key metrics, and cost savings.
  • Analyze procurement data to identify trends, risks, and opportunities for improvement.
  • Support senior leadership with insights to drive informed decision-making.

Knowledge, Experience & Skills

Educational Qualifications

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • Advanced degree or professional certifications (e.g., CSCP, CPSM) will be an added advantage.

Experience

  • Minimum 8+ years of proven procurement experience, preferably in facility management, real estate, hospitality, or related industries.
  • Experience managing procurement for residential complexes with exposure to electrical and technical requirements is highly desirable.

Skills & Competencies

  • Strong negotiation and contract management skills.
  • Excellent analytical and problem-solving abilities, with expertise in cost analysis and optimization.
  • Proficiency in procurement software and digital tools for sourcing, contract management, and spend analysis.
  • Effective communication and interpersonal skills; ability to collaborate cross- functionally.
  • High attention to detail with commitment to accuracy, compliance, and ethical conduct.
  • Strong leadership qualities to drive procurement initiatives and manage teams.

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