Purchase Executive

Department Purchase Designation Purchase Executive Reporting To Manager Job Type Full day Timing 9.30 am to 6.30 pm Responsibilities: Ø Supplier Management: l Identify and evaluate suppliers of construction materials, equipment, and services. l Build and maintain relationships with key vendors. Ø Cost Optimization: l Implement cost-saving strategies through negotiation, bulk purchasing, and seeking competitive pricing. l Negotiate favorable terms and prices with suppliers to maximize cost savings. l Monitor and analyze procurement expenses. Ø Inventory Control: l Maintain optimal inventory levels to meet production needs while minimizing carrying costs. Ø Quality Assurance: l Ensure purchased materials meet quality standards and collaborate with suppliers to resolve quality issues promptly. Ø Timely Procurement: l Procure materials in a timely manner to support production schedules and project deadlines. Ø Contract Management : l Draft and manage supplier contracts, including terms, conditions, and pricing agreements. Ø Budget Adherence : l Operate within the allocated procurement budget and identify cost-saving opportunities. Ø Market Research : l Stay updated on market trends, supplier capabilities, and industry developments to make informed procurement decisions. Ø Reporting : l Generate reports on procurement activities, cost analysis, and supplier performance for management review. Ø Compliance : l Ensure compliance with legal and company-specific procurement policies and regulations. Ø Risk Mitigation : l Identify and mitigate risks related to supply chain disruptions, price fluctuations, and supplier reliability. Ø Vendor Evaluation: l Regularly assess vendor performance and conduct supplier audits when necessary. Ø Process Improvement : l Continuously improve procurement processes to enhance efficiency and reduce costs. Ø Sustainability : l Explore opportunities for sustainable sourcing and environmentally responsible procurement practices. Ø Cost-Benefit Analysis : l Conduct cost-benefit analyses for procurement decisions to maximize value for the organization. Job Specifications: Bachelor of Engineering (B.E) in Civil Engineering or from Real Estate Industry Proven experience as a Purchase Executive or similar role. Strong negotiation and communication skills. Knowledge of procurement software and tools. Minimum 2 to 3 years as a purchase executive in the real estate industry only. Job Types: Full-time, Permanent, Volunteer Pay: ₹25,000.00 - ₹38,000.00 per month Benefits: Cell phone reimbursement Health insurance Leave encashment Life insurance Paid sick time Paid time off Schedule: Day shift Supplemental Pay: Yearly bonus Education: Bachelor's (Preferred) Experience total work: 1 year (Preferred) Work Location: In person Job Types: Full-time, Permanent Pay: ₹25,000.00 - ₹38,000.00 per month Benefits: Health insurance Schedule: Day shift Fixed shift Work Location: In person