What are the responsibilities and job description for the Director, Procurement position at Related?
- Support the development and implementation of the overall strategy and go forward vision for the procurement function
- Partner with the Vice President of Procurement to establish and update sourcing and procurement policies and procedures
- Identify and deliver opportunities to maximize cost savings, mitigate risks and enhance quality of services provided
- Conduct comprehensive spend analyses, market benchmarking and category analyses across various categories
- Lead competitive sourcing events by collaborating with internal stakeholders to define requirements and develop effective bid documentation
- Negotiate pricing, terms and services levels across a diverse range of goods and services
- Execute multiple purchasing initiatives while managing risk and optimizing available resources
- Monitor supplier performance, enforce SLAs, and drive continuous improvement across key supplier relationships and business units
- Serve as a trusted business advisor, providing strategic insights and recommendations to support procurement-related decisions
The anticipated base salary range for this position is listed below. In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives and a comprehensive benefits package.
Anticipated base salary range: $120,000 - $140,000
- Bachelor’s degree or MBA in a technical or business-related field
- Minimum 7 years of strategic sourcing experience, including purchasing strategy, contract negotiation and competitive price analysis
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Familiarity with real estate development and property management activities, including experience in the following categories:
- Building maintenance / repair services
- Property management operations
- Fixed assets / equipment purchases
- IT hardware / software / services
- Marketing / travel / consulting services
- Utilities / telecom
- Office supplies
- Strong analytical, project management and negotiation skills, with a record of delivering measurable cost savings and operational improvements
- Excellent communication and presentation skills, with the ability to interact with staff and leadership across all levels
- Highly self-motivated and results-oriented
- Ability to work autonomously and effectively in a fast-paced environment
Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side.
Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.
Salary : $120,000 - $140,000