Purchase & Estimation Executive

Study technical drawings, specifications, and BOQs (Bill of Quantities) to determine material, labor, and time requirements. Coordinate with the procurement team to get updated raw material costs. Collaborate with the design and production teams to assess feasibility and cost-effectiveness. Prepare quotations and proposals for customers based on cost analysis. Monitor market trends to ensure competitive pricing strategies. Review and optimize estimation processes to improve accuracy and efficiency. Ensure compliance with industry standards and company policies. Identify and source reliable suppliers and vendors for raw materials, equipment, and services. • Negotiate prices, terms, and contracts with vendors to ensure cost-effectiveness and timely delivery. • Issue purchase orders and maintain proper documentation of all procurement activities. • Monitor inventory levels and coordinate with stores/production teams to ensure material availability. • Evaluate supplier performance based on quality, delivery, and payment terms. • Develop and maintain strong vendor relationships. • Coordinate with the accounts department for timely payments and resolve invoice discrepancies. • Ensure compliance with company policies and procurement procedures. • Maintain updated records of purchased products, delivery information, and invoices. • Assist in budget preparation and cost control measures.