Edgewood Properties, Inc. ยท 1 month ago
Director of Purchasing
US-NJ-Piscataway
Full-time
Onsite
Director/ExecutiveEdgewood Properties, Inc. is a leading real estate development and property management company based in New Jersey. The Director of Purchasing is responsible for overseeing the procurement of materials, equipment, and services for real estate development projects, ensuring cost efficiency and quality while fostering strong vendor relationships.
Real Estate
Responsibilities
Develop and execute purchasing strategies to optimize costs and ensure high-quality materials for real estate projects
Forecast material and service needs based on project pipelines and development schedules
Establish standardized purchasing processes to streamline operations across multiple projects
Identify, evaluate, and negotiate contracts with suppliers, subcontractors, and vendors
Build and maintain strong relationships with key suppliers to ensure reliable delivery and competitive pricing
Monitor vendor performance, ensuring compliance with contracts, quality standards, and timelines
Collaborate with finance and project teams to develop and manage purchasing budgets for each project
Analyze market trends and pricing to secure cost-effective materials and services
Track and report on purchasing expenditures, identifying opportunities to reduce costs without compromising quality
Source construction materials, fixtures, and equipment tailored to project specifications (e.g., residential, commercial, or mixed-use developments)
Ensure materials meet sustainability, regulatory, and design standards (e.g., LEED certifications, local building codes)
Coordinate logistics to ensure timely delivery of materials to project sites
Negotiate favorable terms, including pricing, payment schedules, and delivery timelines
Ensure all purchasing agreements comply with legal, regulatory, and company standards
Mitigate risks related to supply chain disruptions, price volatility, or non-compliance
Work closely with project managers, architects, and engineers to align purchasing with design and construction requirements
Partner with finance to ensure purchasing aligns with project budgets and cash flow projections
Provide purchasing insights to support strategic planning and project feasibility studies
Implement purchasing software and systems (e.g., Procore, Buildertrend) to enhance efficiency and transparency
Continuously improve procurement processes to reduce waste, delays, and costs
Stay updated on industry trends, such as sustainable materials or innovative construction technologies
Lead and mentor the purchasing team, fostering a culture of accountability and collaboration
Delegate tasks effectively while maintaining oversight of critical procurement activities
Train staff on best practices in procurement and vendor management
Qualification
Required
Proven experience in procurement and purchasing management, preferably in real estate development or construction
Strong negotiation skills and experience managing vendor relationships
Ability to develop and implement purchasing strategies that align with project budgets and timelines
Experience in budget management and cost control
Knowledge of construction materials, fixtures, and equipment
Familiarity with sustainability standards and regulatory requirements (e.g., LEED certifications, local building codes)
Strong analytical skills to assess market trends and pricing
Experience with purchasing software and systems (e.g., Procore, Buildertrend)
Excellent communication and collaboration skills to work with cross-functional teams
Leadership experience in managing and mentoring a team
Benefits
Medical and dental and vision benefits
Life insurance
401(k)
On-site company fitness gym
Discounts on housing and home appliances
Company
Edgewood Properties, Inc.
The Edgewood Properties Tradition Since its founding in 1992, Edgewood Properties has established itself as a leading real estate development and property management company.
Founded in 1992
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Brian Pace, CPA
Controller - M&M Realty Partners
Company data provided by crunchbase