A Purchase Manager in the real estate industry is responsible for the end-to-end procurement of construction materials, services, and machinery required for project development. The role acts as a bridge between project sites, architects, and the accounts department to ensure materials are delivered on time, within budget, and as per quality standards.
Key Responsibilities
∙Procurement Strategy: Develop and execute purchasing plans aligned with project timelines and budgetary constraints.
∙Vendor Management: Identify, evaluate, and onboard reliable suppliers and subcontractors. Maintain a robust database and conduct regular performance audits. ∙Negotiation: Draft and finalize contracts, securing favourable pricing, credit terms, and delivery schedules.
∙Material Sourcing: Procure essential construction items such as RMC, steel, MEP (Mechanical, Electrical, Plumbing) materials, interior and finishing goods (Sliding Windows, Glands, etc . Knowledge of Elevator/lifts installation & AMC with parts.
∙Budget & Cost Control: Prepare comparative statements, monitor expenses, and implement cost-saving initiatives to optimize project profitability.
∙Inventory & Logistics: Oversee stock levels to prevent shortages or overstocking and coordinate with logistics teams for timely site delivery.
∙Compliance & Documentation:
Ensure all activities adhere to company policies and legal regulations. Maintain records of Purchase Orders (POs), invoices, and Goods Received Notes (GRN).
Required Skills & Qualifications
∙Education: Bachelor’s degree in civil engineering, Supply Chain Management, or Business Administration. An MBA or qualified certification like CIPS is also preferred. ∙Experience: Typically requires 5+ years of procurement experience specifically within the real estate or redevelopment or construction sectors.
∙Technical Knowledge: Deep understanding of construction materials, market rate trends, and IS (Indian Standard) code specifications.
∙Software Proficiency: Hands-on experience with ERP systems (e.g., SAP, Auto CAD, Far vision) and advanced MS Excel.
∙Core Competencies: Strong negotiation, analytical thinking, and the ability to manage multiple project sites simultaneously.
Common Key Performance Indicators (KPIs) ∙Cost Savings: Percentage reduction in material costs versus the estimated budget.
∙Timely Delivery: Adherence to the project’s procurement schedule to avoid site stoppages. ∙
Quality Compliance: Minimizing rejections of received materials.
∙Vendor Performance: Reliability and lead-time accuracy of selected suppliers.
Pay: ₹45,881.46 - ₹70,657.18 per month
Work Location: In person
📌 Purchase Manager (India)
🏢 MCS
📍 India