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Purchase Executive
2 weeks ago
**JOB DESCRIPTION**
**Department**
Purchase
**Designation**
Purchase Executive
**Reporting To**
Manager
**Job Type**
Full day
**Timing**
9.30 am to 6.30 pm
**Responsibilities**:
Ø **Supplier Management**:
l Identify and evaluate suppliers of construction materials, equipment, and services.
l Build and maintain relationships with key vendors.
Ø **Cost Optimization**:
l Implement cost-saving strategies through negotiation, bulk purchasing, and seeking competitive pricing.
l Negotiate favorable terms and prices with suppliers to maximize cost savings.
l Monitor and analyze procurement expenses.
Ø **Inventory Control**:
l Maintain optimal inventory levels to meet production needs while minimizing carrying costs.
Ø **Quality Assurance**:
l Ensure purchased materials meet quality standards and collaborate with suppliers to resolve quality issues promptly.
Ø **Timely Procurement**:
l Procure materials in a timely manner to support production schedules and project deadlines.
Ø **Contract Management**:
l Draft and manage supplier contracts, including terms, conditions, and pricing agreements.
Ø **Budget Adherence**:
l Operate within the allocated procurement budget and identify cost-saving opportunities.
Ø **Market Research**:
l Stay updated on market trends, supplier capabilities, and industry developments to make informed procurement decisions.
Ø **Reporting**:
l Generate reports on procurement activities, cost analysis, and supplier performance for management review.
Ø **Compliance**:
l Ensure compliance with legal and company-specific procurement policies and regulations.
Ø **Risk Mitigation**:
l Identify and mitigate risks related to supply chain disruptions, price fluctuations, and supplier reliability.
Ø **Vendor Evaluation**:
l Regularly assess vendor performance and conduct supplier audits when necessary.
Ø **Process Improvement**:
l Continuously improve procurement processes to enhance efficiency and reduce costs.
Ø **Sustainability**:
l Explore opportunities for sustainable sourcing and environmentally responsible procurement practices.
Ø **Cost-Benefit Analysis**:
l Conduct cost-benefit analyses for procurement decisions to maximize value for the organization.
**Job Specifications**:
- Bachelor of Engineering (B.E) in Civil Engineering or from Real Estate Industry
- Proven experience as a Purchase Executive or similar role.
- Strong negotiation and communication skills.
- Knowledge of procurement software and tools.
- Minimum 2 to 3 years as a purchase executive in the real estate industry only.
**Job Types**: Full-time, Permanent, Volunteer
Pay: ₹20,000.00 - ₹30,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Health insurance
- Leave encashment
- Life insurance
- Paid sick time
- Paid time off
Schedule:
- Day shift
Supplemental Pay:
- Yearly bonus
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
