Purchase Executive

A Purchase & Stores Executive is responsible for managing the procurement of materials and equipment necessary for piping projects, as well as overseeing inventory management and storage of goods. Procurement Planning and Execution: Develop procurement plans based on project requirements, budget constraints, and delivery schedules. Source and select suppliers/vendors for piping materials, equipment, and components. Negotiate terms and conditions, pricing, and delivery schedules with suppliers to ensure cost-effective procurement. Supplier Relationship Management: Build and maintain strong relationships with key suppliers/vendors. Evaluate supplier performance based on factors such as quality, delivery reliability, and responsiveness. Address any issues or concerns with suppliers promptly and effectively. Purchase Order Processing: Generate purchase orders based on approved requisitions and purchase requests. Review and verify purchase orders for accuracy, completeness, and compliance with company policies and procedures. Follow up with suppliers to confirm order receipt, delivery dates, and order status. Inventory Management: Maintain accurate inventory records for piping materials, equipment, and spare parts. Monitor inventory levels and reorder points to prevent stockouts and minimize excess inventory. Conduct periodic inventory audits to reconcile physical stock with system records. Warehousing and Storage: Oversee the receipt, inspection, and acceptance of incoming materials and equipment. Ensure proper storage and handling of piping materials to prevent damage or deterioration. Implement inventory control measures to optimize space utilization and facilitate efficient material retrieval.   Logistics and Transportation: Coordinate with logistics providers to arrange transportation and delivery of materials to project sites. Track shipment progress and address any issues or delays in transit. Optimize transportation routes and modes to minimize costs and maximize efficiency. Documentation  & Test Certificate: Maintain accurate records of  test certificate against purchase orders, delivery receipts, and invoices. Ensure to get sample T.C approval from Client before Purchase. . Cost Control and Budget Management: Monitor procurement expenditures and analyze variances against budgeted amounts. Identify opportunities for cost savings through volume discounts, supplier negotiations, or alternative sourcing strategies. Provide regular reports and updates on procurement costs and budget performance to management. Continuous Improvement: Identify process inefficiencies and bottlenecks in procurement and inventory management. Implement corrective actions and process improvements to streamline operations and enhance productivity. Stay abreast of industry trends, market conditions, and technological advancements to identify opportunities for innovation and optimization. Overall, the Purchase plays a critical role in ensuring the timely procurement of materials and equipment, efficient inventory management, and adherence to budgetary constraints. Top of Form Bottom of Form   NON-TECHNICAL SKILLS   ·         Communication Skill ·         Negotiation Skill ·         Time Management