Purchase Executive

6 days ago

Ulhasnagar, India Kohinoor Group Full time

Responsible for managing all purchasing activities related to construction projects.

Procurement Strategy and Planning:

- Develop and implement procurement strategies aligned with project requirements, quality standards, and budgetary constraints.
- Collaborate with project teams, engineers, and stakeholders to identify procurement needs, specifications, and delivery schedules.
- Conduct market research to identify potential vendors, evaluate their capabilities, and negotiate favorable terms and conditions.

Vendor Management and Relationship Building:

- Identify and evaluate potential suppliers, contractors, and subcontractors, assessing their reliability, quality, and competitive pricing.
- Maintain a supplier database, track supplier performance, and conduct periodic supplier evaluations.
- Conduct regular supplier/vendor performance evaluations and audits.
- Establish and nurture strong relationships with vendors, negotiating contracts, resolving disputes, and managing vendor performance.

Purchase Order Management
- Prepare and issue purchase orders based on project requirements, ensuring accuracy, completeness, payment terms, and compliance with company policies and procedures.
- Coordinate with internal stakeholders, including project managers, engineers, and accounting, to ensure timely approvals and processing of purchase orders.
- Monitor purchase order status, track deliveries, and address any delays or issues in coordination with vendors and logistics teams.

Cost Control and Budget Management:

- Analyze project budgets, monitor expenses, and implement cost control measures to optimize procurement costs.
- Monitor and analyze market trends and prices to ensure cost-effectiveness, conduct price comparisons, negotiate favorable pricing, and explore cost-saving opportunities without compromising quality or timelines.
- Collaborate with the finance department to ensure accurate and timely payment processing, resolve billing discrepancies, and maintain financial records.

Inventory Management:

- Oversee inventory levels and stock availability, ensuring optimal inventory turnover and minimizing excess or obsolete stock.
- Collaborate with warehouse and logistics teams to maintain accurate inventory records, manage storage, and coordinate efficient material flow.

Compliance and Documentation:

- Ensure compliance with company policies, legal requirements, and industry regulations related to procurement and supply chain management.
- Maintain proper documentation of procurement activities, including contracts, purchase orders, invoices, and vendor agreements.
- Computer proficiency: AutoCAD, MS office, ERP/Farvision

Pay: ₹20,000.00 - ₹25,000.00 per month

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 4 years (preferred)

Work Location: In person

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