Designation: DGM- Procurement & Contracting( Real estate Background)
Location: Ludhiana
Key Responsibilities
1. Procurement Strategy & Planning
- Develop and implement procurement strategies aligned with project timelines and budgets
- Prepare annual procurement plans in line with AOP and project schedules
- Identify cost-saving opportunities through strategic sourcing and value engineering
- Standardize procurement processes, policies, and SOPs
2. Vendor Management & Development
- Identify, evaluate, and onboard vendors/contractors across civil, MEP, and finishing categories
- Develop and implement a vendor rating and performance evaluation system
- Build a robust vendor base to ensure competitive pricing and quality
- Drive long-term vendor relationships and negotiations
3. Tendering & Sourcing
- Lead end-to-end tendering process (RFQ/RFP, bid analysis, techno-commercial evaluation)
- Ensure transparent and competitive bidding processes
- Finalize vendors in coordination with projects, design, and management teams
- Benchmark rates with market trends and previous projects
4. Contract Management
- Draft, review, and finalize contracts (work orders, rate contracts, service agreements)
- Ensure all contracts are legally compliant and aligned with company policies
- Monitor contract execution, milestones, and obligations
- Handle contract amendments, variations, and closure
5. Cost Control & Budget Management
- Ensure procurement within approved budgets and cost targets
- Track and control material and contract cost escalations
- Support commercial team in budgeting and cost estimation
- Drive value engineering initiatives to optimize project costs
6. Coordination with Internal Stakeholders
- Work closely with Projects, Design, Finance, and Legal teams
- Ensure timely availability of materials/services at project sites
- Resolve procurement-related issues impacting project timelines
- Support project teams in achieving execution milestones