Senior Purchase Executive

Job Summary:

We are looking for a proactive and detail-oriented professional, experienced in Procurement to join our dynamic team. The ideal candidate will be responsible for managing the procurement activities aligned with project Bill of Materials (BOM) from our ERP system (SAP), ensuring timely material availability, developing vendor relationships, and contributing to cost optimization and strategic sourcing initiatives.

Key Responsibilities:

• Review and analyze project-wise Bill of Materials (BOM) from the ERP (SAP) system.
• Monitor material availability and initiate timely procurement based on project requirements.
• Ensure 100% on-time material availability from vendors to meet project timelines.
• Manage end-to-end Procure-to-Pay (P2P) cycle including purchase requisitions, order placements, follow-ups, GRNs, and invoice processing.
• Develop existing vendors to align with evolving quality, delivery, and cost expectations.
• Identify, evaluate, and onboard new vendors for diversified sourcing and risk mitigation.
• Negotiate pricing, payment terms, delivery schedules, and other contractual terms with vendors.

• Execute strategic procurement initiatives to optimize costs and improve supply chain resilience.
• Collaborate with cross-functional teams including planning, stores, projects, and finance.
• Conduct vendor visits, audits, and performance evaluations as per business requirements (travel frequency 10%-20%).
• Ensure timely dispatch and documentation for rejection/defective materials.
• Monitor and manage inventory levels to avoid excess or shortages, in line with project schedules.
• Implement cost-saving initiatives through alternative sourcing, bulk buying, and vendor consolidation.
• Prepare and maintain procurement reports, dashboards, and KPIs for review.

Key Skills & Competencies:

• Strong understanding of procurement processes, vendor management, and supply chain operations.
• Hands-on experience with SAP MM module or similar ERP systems.
• Excellent negotiation, communication, and interpersonal skills.
• Analytical and detail-oriented mindset with strong problem-solving capabilities.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Proficiency in SAP, ERP, MS Office tools (Excel, Word, PowerPoint).