Head - Procurement - Retail/Luxury Industry

Head - Procurement

As the Retail Project Procurement Head, your primary responsibility is to oversee the procurement process for retail projects, ensuring the timely acquisition of goods and services necessary for project execution. You will collaborate closely with project managers, vendors, and internal stakeholders to meet project requirements, quality standards, and budgetary constraints.

Ideally would prefer candidates who have experience in Retail and Luxury.

Responsibilities:

Strategic Procurement Planning:

- Develop and implement procurement strategies aligned with retail project goals and objectives.

- Collaborate with project management teams to forecast procurement needs and establish procurement timelines.

- Identify opportunities for cost savings, process improvements, and supplier optimization.

Supplier Selection and Management:

- Source and evaluate potential suppliers, subcontractors, and service providers for retail project requirements.

- Negotiate contracts, pricing agreements, and service level agreements (SLAs) to ensure favorable terms and conditions.

- Maintain relationships with key suppliers and monitor their performance to ensure compliance with contractual obligations and quality standards.

Procurement Process Management:

- Oversee the end-to-end procurement process, including requisition, sourcing, bidding, and contract award.

- Review and approve purchase orders, ensuring accuracy, completeness, and compliance with project specifications.

- Coordinate with internal departments, such as finance and legal, to ensure procurement activities align with organizational policies and procedures.

Risk Management and Compliance:

- Identify and mitigate procurement-related risks, such as supply chain disruptions, price fluctuations, and regulatory compliance issues.

- Ensure adherence to relevant laws, regulations, and industry standards governing procurement practices.

- Conduct supplier audits and assessments to assess compliance with ethical, environmental, and social responsibility criteria.

Budget and Cost Control:

- Develop procurement budgets and forecasts in collaboration with project managers and finance teams.

- Monitor procurement expenditures, analyze variances, and implement cost control measures to optimize project costs.

- Provide regular reporting on procurement performance, cost savings, and vendor performance metrics.

Cross-functional Collaboration:

- Collaborate with project management, design, construction, and operations teams to understand project requirements and specifications.

- Facilitate communication and coordination between internal stakeholders and external vendors throughout the procurement process.

- Participate in project meetings, reviews, and status updates to provide procurement-related insights and recommendations.

Qualifications:

- Bachelor's degree in engg. mandatory, supply chain management, procurement, or related field; Master's degree preferred.

- Proven experience in procurement, sourcing, or supply chain management, preferably within the retail or construction industry.

- Strong negotiation skills and experience in contract management and vendor negotiations.

- Familiarity with procurement software and systems (e.g., SAP, Oracle, Coupa) and proficiency in Microsoft Excel.

- Excellent analytical and problem-solving abilities, with a focus on data-driven decision-making.

- Effective communication, interpersonal, and leadership skills, with the ability to collaborate cross-functionally and influence stakeholders.

- Knowledge of procurement best practices, regulatory requirements, and industry trends.

- Certification in procurement or supply chain management (e.g., CIPS, CPSM) is a plus.