Purchase Executive

3 days ago

Egmore Chennai Tamil Nadu, India Noel Infrastructures (P) Ltd Full time

**Position Overview**:
**Key Responsibilities**:

- **Procurement and Purchasing**:

- Identify and source suppliers for construction materials, equipment and services.
- Issue purchase orders and negotiate terms and prices with suppliers to obtain the best value for the company.
- Ensure timely and cost-effective delivery of materials and equipment to construction sites.
- **Vendor Management**:

- Build and maintain strong relationships with suppliers and vendors.
- Evaluate supplier performance based on quality, delivery timelines and cost efficiency.
- Resolve any supplier-related issues, including delays or discrepancies in deliveries.
- **Inventory and Material Management**:

- Maintain accurate records of purchases, inventory levels and supplier information.
- Monitor stock levels and coordinate with project managers to ensure material availability for construction projects.
- Assist in planning and forecasting material requirements based on project timelines.
- **Cost Control and Budget Management**:

- Monitor procurement costs to stay within the allocated budget for construction projects.
- Prepare regular reports on purchases, expenses and inventory levels.
- Identify and recommend cost-saving initiatives related to procurement.
- **Compliance and Documentation**:

- Ensure all procurement activities comply with company policies and legal regulations.
- Maintain up-to-date procurement records, contracts and other relevant documentation.
- Prepare and submit purchase reports and requisitions as required by management.
- **Collaboration with Teams**:

- Collaborate with project managers, site engineers and other departments to understand material requirements and timelines.
- Coordinate with accounts and finance teams to ensure proper invoicing and payment processing.

**Qualifications and Requirements**:

- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- Minimum of 5 years of experience in purchasing or procurement, preferably in the construction industry.
- Strong negotiation skills and the ability to work with vendors to secure favorable terms.
- Proficiency in procurement and inventory management software (e.g., SAP, MS Excel, or similar).
- Strong organizational skills and attention to detail.
- Ability to multitask, prioritize tasks and work under tight deadlines.
- Good communication and interpersonal skills to work effectively with suppliers, vendors and internal teams.

**Key Competencies**:

- Strong analytical and problem-solving skills.
- Ability to maintain accurate records and documentation.
- Excellent vendor and supplier relationship management.
- Time management and ability to manage multiple priorities.

Work Location: In person

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