Procurement Manager-Real Estate Construction

Company Description

Krishvi Group is a leading real estate development company based in Bengaluru, renowned for delivering high-quality housing projects for over two decades. Our expert team of professionals in technical and financial domains has successfully completed multiple projects with a steadfast commitment to customer satisfaction. With a focus on creating "aspirational living" spaces, we aim to redefine the future of real estate development in the region. At Krishvi Group, we are dedicated to crafting innovative solutions and maintaining our signature excellence in every project.

Role Description

We have a requirement for Procurement Manager-Real Estate Residential Construction with 10-12 years of experience.

To ensure that all materials, services, and contractors required for real estate projects are acquired efficiently, cost-effectively, and in alignment with project timelines and quality standards.

This is a full-time on-site role based in Bengaluru for a Procurement Manager specializing in real estate construction. The Procurement Manager will oversee the procurement process, including managing vendor relationships, evaluating suppliers, and negotiating contracts. Responsibilities will also include contract management, ensuring cost-effectiveness, and meeting project timelines while adhering to quality standards. The role requires close collaboration with the construction and project management teams to support the successful completion of real estate projects.

Key Responsibilities

Strategic Sourcing & Vendor Management

Identify, evaluate, and manage suppliers and contractors.

Negotiate contracts and pricing with vendors.

Establish long-term partnerships with reliable service providers.

Procurement Planning

Develop procurement strategies aligned with project timelines.

Forecast demand for materials and services for ongoing and upcoming real estate projects.

Work closely with project managers, architects, and engineers to understand material and service needs.

Tendering & Contracting

Prepare and float RFPs, RFQs, and tenders.

Evaluate bids and proposals.

Ensure all legal and compliance aspects are met during contracting.

Cost Control & Budget Management

Monitor procurement budgets and ensure cost savings.

Analyze market trends and price fluctuations to make informed buying decisions.

Inventory & Logistics Coordination

Coordinate delivery schedules to ensure timely availability of materials.

Work with inventory and warehouse teams to manage stock levels.

Compliance & Documentation

Ensure all procurement activities adhere to legal and regulatory requirements.

Maintain accurate records of purchases, contracts, and supplier performance.

Risk Management

Identify potential risks in the supply chain and develop mitigation strategies.

Ensure supplier reliability to avoid project delays.

Qualification:

BE / Diploma in Civil / Electrical

Skills:

Negotiation Skills

Vendor Management

Planning

Supply Management

Qualifications

- Proven skills in Supplier Evaluation and Procurement processes - Proficiency in Contract Negotiation and Contract Management - Strong Analytical Skills to assess costs, quality, and supplier performance - Excellent organizational and communication abilities - Proficiency with procurement software and tools is a plus - Experience in real estate construction projects and knowledge of market trends - Bachelor’s degree in Business, Supply Chain Management, Construction Management, or a related field