Purchase Executive

3 days ago

Delhi Delhi, India designstudio Full time

As a Purchase Executive for an Interior Fitout Company, your primary responsibility is to oversee the procurement process of materials, products, and services required for interior fit-out projects. You will collaborate closely with project managers, designers, and suppliers to ensure timely and cost-effective procurement while maintaining quality standards.

Key Responsibilities:

- Procurement Planning:

- Collaborate with project managers and designers to understand material requirements for upcoming projects.
- Develop procurement plans based on project timelines, budget constraints, and quality requirements.
- Research and identify potential suppliers, vendors, and subcontractors.
- Supplier Management:

- Evaluate and select suppliers based on factors such as price, quality, reliability, and delivery capabilities.
- Negotiate contracts, terms, and pricing agreements with suppliers to ensure favorable terms for the company.
- Maintain strong relationships with suppliers, addressing any issues promptly and ensuring timely delivery of materials.
- Purchase Order Processing:

- Generate purchase orders based on approved requisitions and procurement plans.
- Ensure accuracy and completeness of purchase orders, including specifications, quantities, and delivery schedules.
- Track and monitor the status of purchase orders, coordinating with suppliers to expedite delivery when necessary.
- Inventory Management:

- Monitor inventory levels of critical materials and products to prevent stockouts or excess inventory.
- Implement inventory control measures to optimize stock levels and minimize carrying costs.
- Coordinate with warehouse personnel to ensure accurate receipt, storage, and issuance of materials.
- Cost Control and Budgeting:

- Monitor procurement expenses against budgeted costs, identifying and addressing any variances.
- Implement cost-saving initiatives such as bulk purchasing, vendor consolidation, and negotiation of better terms.
- Prepare reports and analyses to provide insights into procurement performance and expenditure trends.
- Quality Assurance:

- Collaborate with the quality control team to ensure that purchased materials meet specified quality standards.
- Conduct supplier evaluations and audits to assess compliance with quality requirements.
- Take corrective actions as necessary to address quality issues and ensure customer satisfaction.
- Compliance and Documentation:

- Ensure compliance with company policies, procedures, and legal requirements related to procurement activities.
- Maintain accurate procurement records, including contracts, purchase orders, invoices, and correspondence.
- Assist in the preparation of procurement documentation for audits and regulatory compliance.

Qualifications and Skills:

- Bachelor's degree in business administration, supply chain management, or a related field.
- Proven experience as a purchase executive or similar role, preferably in the interior fitout or construction industry.
- Strong negotiation, communication, and interpersonal skills.
- Proficiency in procurement software and Microsoft Office Suite.
- Knowledge of procurement best practices, sourcing strategies, and supply chain management principles.
- Attention to detail and ability to multitask in a fast-paced environment.
- Analytical mindset with the ability to identify cost-saving opportunities and optimize procurement processes.

This job description outlines the key responsibilities, qualifications, and skills required for the role of Purchase Executive in an Interior Fitout Company.

**Salary**: ₹20,000.00 - ₹30,000.00 per month

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 3 years (preferred)

Work Location: In person

Expected Start Date: 12/04/2024

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