Job Title: Procurement Manager
Location: Hyderabad
Industry: Real Estate | Hospitality | Luxury Projects
Experience: 8-12 Years
Job Summary
The Procurement Manager will be responsible for managing procurement operations for construction projects, hotel operations, pre-opening activities, and corporate purchases. The role involves developing procurement strategies, identifying cost-saving opportunities, managing supplier relationships, negotiating contracts, and ensuring timely delivery of materials and services while maintaining quality and compliance.
Key Responsibilities
Procurement & Strategic Sourcing
- Manage end-to-end procurement for construction, hospitality operations, and corporate requirements.
- Develop sourcing strategies to optimize cost, quality, and delivery timelines.
- Float RFQs/RFPs, evaluate quotations, conduct techno-commercial analysis, and finalize vendors.
- Negotiate pricing, payment terms, contracts, and annual rate agreements.
- Ensure timely procurement of Civil, MEP, Interior, FF&E;, OS&E;, Kitchen Equipment, Engineering items, IT, Furniture, Fixtures, Guest Supplies, and Operational Consumables.
Vendor Management
- Develop and maintain a qualified vendor database.
- Conduct vendor evaluation, audits, and performance reviews.
- Build long-term strategic partnerships with key suppliers.
- Identify recent vendors and alternative sourcing opportunities.
Contract & Commercial Management
- Draft, review, and administer purchase orders, work orders, and supplier contracts.
- Ensure compliance with company procurement policies and legal requirements.
- Monitor supplier performance against agreed SLAs.
Cost Optimization
- Drive value engineering initiatives.
- Perform market benchmarking and price analysis.
- Achieve annual procurement savings without compromising quality.
Inventory & Supply Chain
- Coordinate with Project, Engineering, Finance, and Operations teams for procurement planning.
- Monitor inventory levels and avoid stock shortages or excess inventory.
- Ensure on-time delivery of materials across multiple project locations.
Compliance & Reporting
- Ensure procurement complies with internal policies and statutory regulations.
- Prepare MIS reports, procurement dashboards, vendor performance reports, and cost-saving analyses.
- Support internal and external procurement audits.
Required Qualifications
- Bachelor's Degree in Engineering, Supply Chain Management, Business Administration, or a related field.
- MBA/PGDM in Supply Chain or Materials Management is preferred.
Experience
- 8-12 years of procurement experience in Real Estate, Hospitality, Luxury Hotels, Resorts, or Construction.
- Experience in pre-opening hotels and real estate project procurement is highly preferred.
- Hands-on experience with CAPEX and OPEX procurement.
Required Skills
- Strategic Sourcing
- Vendor Development & Management
- Contract Negotiation
- Tendering & BOQ Analysis
- Cost Optimization & Value Engineering
- Procurement Planning
- ERP/SAP/Oracle Procurement Systems
- Inventory Management
- Strong Commercial Acumen
- Excellent Negotiation and Communication Skills
- Advanced MS Excel & MIS Reporting
Preferred Industry Background
- Real Estate Developers
- Hospitality Groups
- Luxury Hotels & Resorts
- Mixed-use Development Projects
- Construction & Infrastructure Companies
Key Performance Indicators (KPIs)
- Annual procurement cost savings
- Vendor performance and compliance
- On-time procurement and delivery
- Procurement cycle time
- Inventory optimization
- Contract compliance
- Budget adherence
- Stakeholder satisfaction
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This JD is optimized for sourcing candidates from companies such as Brigade Group, Prestige Estates, DLF, Oberoi Realty, Lodha, Godrej Properties, Embassy Group, Phoenix Mills, IHCL (Taj), Marriott, Accor, Hyatt, Hilton, ITC Hotels, and Chalet Hotels, where professionals often manage procurement across both hospitality operations and real estate projects.
If this role is specifically for Ridhira Group, I can also tailor it to include pre-opening hotel procurement, luxury wellness communities, FF&E;, OS&E;, and project procurement responsibilities.
Apply Now:
Email:
[email protected]
WhatsApp CV: +91 (phone hidden)
📌 Procurement Manager (Hyderabad)
🏢 O2
📍 Hyderabad