A procurement director for property management is responsible for the sourcing purchasing and negotiation of goods and services for a property management company. They ensure that procurement activities are efficient and effective and that they adhere to regulations and industry best practices.
Here are some responsibilities of a procurement director for property management:
- Develop procurement strategies: Create and maintain procurement strategies standard practices and execution plans
- Collaborate with property managers: Work with property managers to align procurement strategies with inventory management vendor selection and negotiation
- Build supplier partnerships: Develop longterm partnerships with suppliers contractors and service providers to improve cost efficiency
- Ensure compliance: Ensure that all approved purchase requisitions are processed in a timely manner and that all relevant regulations are met
- Monitor supplier performance: Monitor supplier performance and address issues promptly
- Stay up to date: Stay abreast of industry trends and best practices
- Review contracts: Review contracts scopes of work and budgets
- Provide compliance oversight: Provide compliance oversight to contractors