Purchase Executive

Job Summary:

Unique Properties is seeking a highly motivated Purchase Executive with experience in at least 3-year experience Real Estate Developer Organization to join our team at HO.

The Purchase Executive plays a vital role in the efficient operation of the procurement department within a real estate organization. This role involves the acquisition of goods, materials, and services necessary for the company's projects, ensuring cost-effective procurement while maintaining quality and compliance with company policies and industry regulations.

Key Responsibilities:

I] Vendor Management:

· Identify and evaluate potential suppliers and vendors.

· Negotiate favourable terms and agreements with suppliers.

· Maintain and cultivate strong relationships with existing suppliers.

· Monitor vendor performance and address any issues or discrepancies.

II] Procurement:

· Source and purchase materials, equipment, and services required for construction and development projects.

· Conduct market research to identify cost-effective suppliers and products.

· Place purchase orders and ensure timely delivery of materials to meet project timelines.

· Manage and optimize inventory levels to minimize waste and reduce carrying costs.

III] Cost Management:

· Analyse and compare supplier pricing and terms to ensure competitive advantage.

· Implement cost-saving strategies without compromising quality.

· Identify opportunities for volume discounts and cost reductions.

IV] Quality Assurance:

· Ensure that all purchased materials and services meet quality standards and specifications.

· Collaborate with project managers and engineers to define quality requirements.

· Address any quality issues or discrepancies with suppliers promptly.

V] Compliance:

· Ensure compliance with company procurement policies and procedures.

· Stay updated on relevant laws and regulations related to procurement.

· Maintain accurate records of all procurement activities.

VI] Reporting:

· Prepare regular reports on procurement activities, including cost analysis, vendor performance, and inventory management.

· Provide insights and recommendations for process improvements.

VII] Communication:

· Collaborate with various departments, such as project management, finance, and operations, to ensure alignment on procurement needs.

· Communicate effectively with suppliers and internal stakeholders.

Requirements:

· Any Graduation or Bachelor's degree in Business, Supply Chain Management, or a related field.

· Proven experience in procurement or purchasing, preferably in the real estate or construction industry.

· Strong negotiation and vendor management skills.

· Knowledge of procurement regulations and best practices.

· Excellent communication and interpersonal skills.

· Proficiency in using procurement software and Microsoft Office Suite.

· Analytical and problem-solving abilities.

· Detail-oriented and organized.

Job Type: Full-time

Pay: ₹35,000.00 - ₹45,000.00 per month

Work Location: In person