Procurement Manager – Real Estate

Job Title: Procurement Manager – Real Estate

Location:

Mumbai, Lower Parel

Company Description

Sambhav is a renowned real estate developer based in Mumbai. Since its establishment in 1988, the company has built a strong reputation for its commitment to delivering high-quality residential, commercial, and retail complexes.

Job Summary:

We are seeking an experienced Procurement Manager to oversee and optimize our procurement processes within the real estate sector. The ideal candidate will be responsible for sourcing, negotiating, and acquiring properties, materials, and services to support our real estate projects and operations. This role requires a strategic thinker with a deep understanding of the real estate market, supplier management, and cost optimization.

Key Responsibilities:

• Strategic Sourcing: Identify and evaluate potential suppliers and vendors for materials, services, and properties essential to real estate development.
• Contract Negotiation: Negotiate terms and contracts with suppliers to ensure cost-effectiveness and quality.
• Supplier Relationship Management: Maintain and manage relationships with key suppliers and vendors to ensure timely delivery and compliance with contractual terms.
• Cost Management: Monitor and control procurement budgets, ensuring cost savings and value for money.
• Market Analysis: Conduct market research to stay informed about trends and pricing in the real estate and construction sectors.
• Compliance and Risk Management: Ensure all procurement activities comply with legal and company policies, and manage risks associated with procurement contracts.
• Collaboration: Work closely with project managers, legal teams, and other stakeholders to align procurement strategies with project

Qualifications:

• Education: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field. A Master’s degree or relevant certifications (e.g., CIPS) is a plus.
• Experience: Minimum of 5 years of experience in procurement, preferably within the real estate or construction industry.
• Skills:
• Strong negotiation and communication skills.
• Proficiency in procurement software and Microsoft Office Suite.
• Ability to analyze market trends and supplier performance.
• Knowledge of legal aspects of procurement and contract management

Job Type: Full-time

Pay: ₹600,000.00 - ₹800,000.00 per year

Schedule:

• Day shift

Work Location: In person