Procurement Manager

Job description

Key Responsibilities ● Develop and execute sourcing strategies for CAPEX and OPEX categories. ● Lead end-to-end procurement activities including vendor identification, RFQ/RFP management, techno-commercial evaluations, negotiations, and contract finalization. ● Establish and manage rate contracts for recurring procurement categories across multiple locations. ● Conduct market benchmarking and cost analysis to ensure competitive pricing and value delivery. ● Support procurement requirements for new store launches, office expansions, renovations, and facility upgrades. ● Ensure timely procurement support to meet project timelines and business expansion plans. ● Develop and maintain a strong vendor network across regions. ● Evaluate vendor capabilities, performance, compliance, and commercial competitiveness. ● Negotiate commercial terms, payment terms, warranties, service levels, and contract conditions. ● Manage contract renewals, amendments, and vendor performance reviews. ● Drive annual cost savings initiatives through strategic sourcing and vendor consolidation. ● Perform should-cost analysis, benchmarking, and commercial evaluations. ● Identify opportunities for process improvements, standardization, and spend optimization. ● Support budgeting exercises and procurement planning for CAPEX and OPEX spends. ● Collaborate closely with Facilities, Projects, Store Development, Finance, Legal, and Operations teams. ● Ensure procurement activities are aligned with business objectives and project schedules ● Ensure adherence to procurement policies, approval matrices, and contracting standards. ● Maintain complete documentation of sourcing events, contracts, and commercial negotiations. ● Support audits and compliance requirements related to procurement activities. Categories Managed CAPEX Categories ● Interior Fit-outs ● Retail Store Fit-outs ● Electrical Infrastructure ● HVAC Systems & MEP Projects ● Furniture & Fixtures ● Signages & Branding OPEX Categories ● Facility Management Services ● AMC Contracts ● Housekeeping Services & Security Services ● Pest Control ● Electrical Maintenance & HVAC Maintenance ● General Maintenance Services ● Utility & Infrastructure Services Required Qualifications ● Bachelor's Degree in Engineering, Supply Chain, Business Administration, Construction Management, or related field. ● 4–8 years of experience in sourcing and procurement, preferably in Retail, Workspace, Real Estate, Co-working, Construction, or Facility Management industries. ● Proven experience handling both CAPEX and OPEX procurement categories. ● Strong experience in vendor negotiations, commercial evaluations, and contract management. ● Experience managing multi-city procurement requirements and vendor ecosystems. ● Good understanding of construction, fit-out, facility, and infrastructure procurement