The posting
Purchase Executive
## Company Overview Company overview details are not specified.
## Job Summary The Purchase Executive is responsible for managing supplier relationships, optimizing costs, and ensuring timely procurement of materials and services essential for construction projects. This role plays a critical part in maintaining quality standards and enhancing procurement processes, ultimately contributing to the organization's operational efficiency and profitability.
## Responsibilities - Supplier Management: - Identify and evaluate suppliers of construction materials, equipment, and services. - Meet with vendors and handle negotiations effectively. - Add new vendors to the approved list by coordinating with the Assistant Manager. - Build and maintain relationships with key vendors.
- Cost Optimization:
- Implement cost-saving strategies through negotiation, bulk purchasing, and seeking competitive pricing.
- Negotiate favorable terms and prices with suppliers to maximize cost savings.
- Monitor and analyze procurement expenses.
- Inventory Control:
- Coordinate with Chief Engineers to verify available inventory and future requirements.
- Quality Assurance:
- Ensure purchased materials meet quality standards and collaborate with suppliers to resolve quality issues promptly.
- Maintain clear communication with vendors regarding rejected materials and manage documentation for such cases.
- Timely Procurement:
- Procure materials in a timely manner to support production schedules and project deadlines.
- Contract Management:
- Draft and manage supplier contracts, including terms, conditions, and pricing agreements.
- Supervise subordinates during contract drafting and negotiation processes.
- Budget Adherence:
- Operate within the allocated procurement budget and identify cost-saving opportunities.
- Analyze urgent situations and alert leadership regarding financial concerns.
- Market Research:
- Keep updated with technical knowledge of new products and current procurement methods.
- Stay informed on market trends, supplier capabilities, and industry developments.
- Reporting:
- Generate reports on procurement activities, cost analysis, and supplier performance for management review.
- Risk Mitigation:
- Identify and mitigate risks related to supply chain disruptions, price fluctuations, and supplier reliability.
- Vendor Evaluation:
- Regularly assess vendor performance and conduct supplier audits as necessary.
- Submit quarterly reports to leadership.
- Process Improvement:
- Continuously improve procurement processes to enhance efficiency and reduce costs.
- Focus on timely solutions and quality outcomes within the team.
- Team Management:
- Regularly monitor and develop the team, providing on-job assistance and identifying training needs.
- Offer timely solutions to team challenges.
- Project Coordination:
- Coordinate with project leaders for daily operational activities and conduct regular meetings for smooth project functions.
- Handle disputes related to procurement concerns on projects.
- Cost-Benefit Analysis:
- Conduct cost-benefit analyses for procurement decisions to maximize value for the organization.
- ERP & Process Management:
- Accelerate feedback related to process improvements based on work experiences.
## Qualifications - Bachelor of Engineering (B.E) in Civil Engineering or related field from the Real Estate Industry. - Proven experience as a Purchase Executive or in a similar role. - Strong negotiation and communication skills. - Knowledge of procurement software and tools. - Minimum of 2-5 years of experience as a purchase executive in the real estate industry.
## Preferred Skills - Excellent analytical and problem-solving skills. - Experience in supply chain management. - Familiarity with legal and regulatory requirements in procurement.
## Experience - Minimum of 2-5 years of relevant experience in purchasing, specifically within the real estate industry.
## Environment - The role predominantly involves office-based work with occasional site visits to construction projects. - Typical working hours are from 9:30 AM to 6:30 PM.
## Salary Salary details are not specified.
## Growth Opportunities Growth opportunities within the company are not specified.
## Benefits Details regarding employee benefits are not specified.



