Purchase Manager : Real Estate

8 - 15 years

3 - 5 Lacs

Posted:2 days ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Summary:

The Purchase Manager – Real Estate is responsible for overseeing the procurement of construction materials, vendor management, cost control, and timely supply of resources for ongoing and upcoming real estate projects. The role ensures that all purchases are made cost-effectively, align with project timelines, and meet the company’s quality and compliance standards.

Key Responsibilities:

1. Procurement Planning & Strategy

  • Develop and execute procurement strategies for construction materials, MEP items, finishing materials, and services.
  • Prepare purchase budgets and schedules aligned with project requirements and timelines.
  • Identify cost-saving opportunities through vendor negotiations, alternative sourcing, and bulk procurement.

2. Vendor Development & Management

  • Identify, evaluate, and empanel reliable suppliers and contractors.
  • Negotiate terms, pricing, and delivery schedules with vendors to ensure optimal value.
  • Maintain strong vendor relationships to ensure consistent supply and quality.
  • Conduct periodic vendor performance reviews and audits.

3. Purchase Operations & Documentation

  • Raise and approve Purchase Orders (POs) as per project requisitions.
  • Coordinate with project, engineering, and stores teams for timely material delivery.
  • Ensure proper documentation of quotations, purchase approvals, and contracts.
  • Monitor inventory levels and minimize excess or obsolete stock.

4. Cost Control & Budget Management

  • Track procurement costs against project budgets and identify variances.
  • Analyze price trends and material cost fluctuations in the construction market.
  • Maintain transparent procurement records to support audits and management reviews.

5. Compliance & Coordination

  • Ensure adherence to company procurement policies, statutory regulations, and quality standards.
  • Collaborate with finance for vendor payments and reconciliation.
  • Work closely with project heads, architects, and site engineers to align material supply with site needs.

Required Qualifications & Experience:

  • Education: B.E. / B.Tech (Civil / Mechanical) or Graduate with MBA in Supply Chain / Materials Management.
  • Experience: 8–15 years of experience in procurement, purchasing, or supply chain management in the real estate or construction industry.
  • Industry Preference: Real Estate Developers, Infrastructure Companies, EPC Firms, or Construction Contractors.

Key Skills & Competencies:

  • Strong negotiation, analytical, and vendor management skills.
  • Knowledge of construction materials, specifications, and market rates.
  • Familiarity with ERP / SAP / procurement software.
  • Excellent communication and coordination skills.
  • Strategic thinking and cost-conscious decision-making ability.

Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹45,000.00 per month

Benefits:

  • Cell phone reimbursement
  • Provident Fund

Work Location: In person

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