Purchase Executive

Role & responsibilities

Procurement Strategy

• Develop and execute procurement strategies aligned with objectives, considering cost, quality, supplier performance, and risk.
• Knowledge of all building work materials related with different brands, rates, quality & availability especially in, RMC, Steel, Flooring Material, Plumbing Material, Finishing Material Block work, Fire Fighting, Electrical Material, Waterproofing & Chemical, Etc.
• Formulating and implementing the procurement strategy by developing/ modifying strategy for purchase and establishing methods to achieve project targets.
• Budgeting and planning the funds for procurement and sourcing of materials ensuring optimum utilization of materials, maximum cost savings & meeting anticipatory orders for monthly operations.
• Collaborate with key stakeholders to understand procurement needs and priorities.
• Evaluate and identify cost-saving opportunities while maintaining quality standards.

Supplier Management

• Assessing the performance of the vendors based on various criterions such as percentage for rejections, quality improvement rate, timely delivery, credit terms, etc., purchase of materials, quality verification.
• Identify, evaluate, and maintain relationships with suppliers and vendors.
• Supplier evaluation and management, projection of material supply site wise.
• Lead supplier negotiations for favorable terms and pricing. Optimize value through contract negotiations
• Preparing Purchase Order, overseeing follow-up with vendors for timely deliveries, and quality checks, billing & ensuring timely payments.

Procurement Processes

• Oversee the end-to-end procurement process, from requisition delivery- payment closure
• Implement and enhance procurement policies and procedures to ensure efficiency and compliance.
• Monitor and analyze procurement data to identify trends, opportunities for improvement, and areas of cost reduction.

Inventory Management

• Managing operations ensuring optimum inventory levels to achieve maximum cost savings without hampering the operations
• Preparing MIS reports, Work orders of inward/ outward logistics with a view to appraise top management and users of the routine inventory management activities
• Monitoring incoming materials supplied by vendors, checking product costing, Inventory recording and ensuring they are as per quality & quantity specifications.
• Understanding of interiors of residential apartments

Compliance

• Ensure compliance with relevant laws, regulations, and company policies.
• Maintain documentation related to procurement activities.

Coordination

• Provides information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
• Demonstrates self-confidence, energy and enthusiasm.
• Manages group or interpersonal conflict.
• Informs and/or updates the executives, the peers and the subordinates on relevant information in a timely manner.
• Manages time and possesses organizational skills.
• Presents ideas, expectations and information in a concise, organized manner.
• Uses problem solving methodology for decision making and follow up.
• Makes calls if necessary.

Job Type: Full-time

Pay: ₹30,000.00 - ₹40,000.00 per month

Benefits:

• Provident Fund

Application Question(s):

• Do you hold experience in Real Estate Industry?

Experience:

• Purchasing: 3 years (Required)

Work Location: In person