Sr. Purchase Executive

Strategic Procurement & Planning

• Develop and implement effective purchasing strategies aligned with organizational goals.
• Plan procurement schedules based on project timelines, material requirements, and budgets.
• Coordinate with project, engineering, and finance teams to ensure procurement aligns with operational needs.

2. Vendor Development & Management

• Identify, evaluate, and onboard reliable suppliers and contractors.
• Negotiate pricing, payment terms, delivery timelines, and service agreements to ensure optimal value.
• Conduct periodic performance reviews and maintain long-term relationships with key vendors.
• Ensure compliance with company standards, ethics, and quality policies in vendor dealings.

3. Purchase Order Management

• Prepare, review, and issue purchase orders (POs) in line with approved requisitions and budgets.
• Ensure all purchase documentation — quotations, comparisons, approvals, and POs — is accurate and complete.
• Track POs for timely delivery and coordinate with vendors for any schedule or quantity changes.

4. Cost Control and Budget Management

• Monitor and control procurement costs to meet project and organizational budgets.
• Conduct cost analysis and benchmarking to ensure competitive pricing.
• Identify opportunities for cost reduction and process improvement in procurement operations.

5. Material Planning and Coordination

• Work with project planning and site teams to forecast and ensure timely availability of materials.
• Coordinate with logistics, warehouse, and inventory teams for receipt and storage of materials.
• Manage reorder levels and prevent material shortages or overstocking.

6. Quality Assurance and Compliance

• Ensure materials and services meet required quality standards and specifications.
• Coordinate with QA/QC teams for material inspections and approvals.
• Maintain compliance with statutory, legal, and company-specific procurement policies.

7. Vendor Payments and Documentation

• Liaise with the accounts department to ensure timely processing of vendor invoices and payments.
• Reconcile purchase orders with invoices and delivery notes.
• Maintain accurate and up-to-date procurement records for audits and reporting.

8. Reporting and Analysis

• Prepare periodic reports on procurement status, cost savings, and vendor performance.
• Analyze market trends and price fluctuations to aid in strategic decision-making.
• Present procurement summaries and budget utilization reports to management.

9. Team Support and Leadership

• Guide and mentor junior purchase executives and coordinators.
• Ensure adherence to procurement processes, ethics, and company policies.
• Support management in vendor audits and strategic sourcing initiatives.

Job Type: Full-time

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

Work Location: In person