Purchase Executive

Job Purpose:

To ensure efficient, cost-effective, and timely procurement of construction-related materials and

services for the organization, while maintaining quality standards and aligning with project deadlines.

Key Responsibilities:

1. Supplier & Vendor Management:

• Identify, evaluate, and select reliable suppliers of construction materials, equipment, and

services.

• Maintain healthy and professional relationships with existing vendors and explore new

sourcing opportunities.

• Conduct vendor audits and performance evaluations on a regular basis.

2. Cost Optimization & Negotiation:

• Execute cost-saving initiatives through bulk purchasing, alternative sourcing, and strategic

negotiation.

• Ensure favorable terms and pricing while adhering to budget constraints.

• Monitor procurement expenditures and identify trends for savings.

3. Inventory & Timely Procurement:

• Maintain optimal inventory levels to support ongoing and upcoming projects.

• Ensure timely procurement aligned with project timelines and production schedules.

• Avoid stock-outs and reduce excess inventory holding.

4. Quality Assurance:

• Ensure procured materials meet internal quality benchmarks.

• Coordinate with vendors to resolve material quality concerns efficiently.

5. Documentation & Contract Management:

• Prepare purchase orders, agreements, and maintain records of purchases, pricing, and

delivery.

• Draft and manage supplier contracts with clearly defined terms and conditions.

6. Market Research & Cost Analysis:

• Stay informed about market trends, raw material pricing, and industry developments.

• Conduct detailed cost-benefit analyses for procurement decisions.

7. Risk & Compliance:

• Identify risks such as supply disruptions, price volatility, and vendor non-performance.

• Ensure compliance with company policies, legal norms, and procurement standards.

8. Reporting & Process Improvement:

• Prepare and present reports on procurement performance, cost analysis, and vendor

efficiency.

• Continuously identify opportunities to improve procurement processes and systems.

9. Sustainability Initiatives:

• Explore and implement sustainable and eco-friendly sourcing practices wherever feasible.

Candidate Requirements:

• Educational Qualification: B.E. (Civil) or a degree relevant to the real estate industry.

• Experience: Minimum 2–3 years of hands-on experience as a Purchase Executive, specifically

in the real estate or construction sector.

• Procurement Background: Must have a solid understanding of purchase operations and

vendor dealings in real estate or related fields.

• Analytical Capability: Ability to conduct multidimensional analysis for better decision-making.

• Software Knowledge: Familiarity with procurement or ERP software tools.

• Communication: Excellent written and verbal communication skills.

• Personality: Confident and capable of independently handling negotiations and dealing with

external agencies.

Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹40,000.00 per month

Benefits:

• Health insurance

Work Location: In person