Sr. Purchase Executive

Responsibilities:

• Sourcing: Identify and evaluate potential suppliers for both project-specific and internal company requirements. Awareness of ELV System Integration OEMs and vendors will be preferred.
• Negotiating Contracts: Engage in technical evaluation with team members, negotiate prices, and work on the consolidation of multiple projects for better cost optimization, payment terms, delivery schedules, and quality standards for project materials and services
• Creating and Managing Purchase Orders: Prepare a Rate Comparison Statement for project & internal company requirement and Propose approval from authorities, ensuring all project requirements and conditions are in line. Following approval, generate accurate and complete purchase orders for project materials and services, aligning them with site requirements and confirmation from the project team based on the site survey.
• Order Tracking and Management: Daily monitoring of material delivery, tracking shipments, and managing the status of project orders to maximize billing, manage the payment cycle as per project terms to mitigate financial risks with proper billing, optimizing financial costs. Ensure timely delivery of materials as per site requirements.
• Supplier Relationship Management: Build and maintain strong relationships with suppliers & with other stake holders to ensure project success.
• Quality Assurance: Ensure that all procured materials meet project specifications, Technical & quality standards & Projects timeline.
• Reporting: Prepare reports on procurement activities and maintain records of project-related transactions.
• Coordination: Work closely with project managers and other stakeholders to understand project needs and ensure alignment with procurement activities & execution cycle of project & Involvement in vendor coordination post-award of contract/order, addressing project challenges, timelines, and any escalations from customers and other stakeholders.