Purchase Executive

18 hours ago

Kochi Kerala, India Zeakus service llp Full time

**Purchase Executive**
**Location**: Kochi, Kerala
**Experience**: Minimum 2+ Years
**Salary**: Commensurate with experience
**Gender**: Male or Female

**About the Role**:
**Key Responsibilities**:

- **Procurement of Materials & Services**: Source and purchase all required materials, equipment, and services for the company’s projects, ensuring they meet quality standards, budget, and timeline requirements.
- **Vendor Management**: Develop and maintain relationships with suppliers and vendors, ensuring favorable terms and conditions. Negotiate contracts, prices, and delivery schedules to optimize cost and performance.
- **Order Management**: Place orders for materials, ensuring timely and accurate delivery to meet project schedules. Track and monitor order status, resolve any delays or discrepancies, and maintain accurate records of all orders.
- **Inventory Management**: Monitor inventory levels to ensure an adequate supply of materials without overstocking. Coordinate with the team to forecast material needs and avoid supply shortages.
- **Cost Control**: Work closely with the project management team to manage purchasing costs and ensure materials are acquired within the project budget. Look for cost-saving opportunities without compromising quality.
- **Quality Assurance**: Ensure that all purchased items meet the required quality standards and comply with specifications. Handle any quality issues related to purchased materials and coordinate returns or replacements as necessary.
- **Documentation & Reporting**: Maintain accurate purchase records and documentation for all transactions. Prepare regular reports on procurement activities, costs, and vendor performance for management review.
- **Compliance**: Ensure compliance with company policies and legal requirements related to purchasing, including adherence to ethical procurement practices and industry standards.

**Qualifications**:

- **Education**: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- **Experience**: Minimum 2+ years of experience in procurement, purchasing, or supply chain management, preferably in construction, manufacturing, or a similar industry.
- **Negotiation Skills**: Strong negotiation skills with the ability to secure favorable terms and pricing from vendors and suppliers.
- **Communication Skills**: Excellent verbal and written communication skills to interact with vendors, project teams, and management effectively.
- **Organizational Skills**: Ability to manage multiple purchasing activities and deadlines simultaneously. Strong attention to detail and accuracy in order placement and inventory tracking.
- **Problem-Solving Skills**: Ability to resolve issues related to material quality, delivery delays, or vendor performance.
- **Tech-Savvy**: Familiarity with procurement software, MS Office, and basic inventory management systems.

**Key Attributes**:

- Strong analytical and negotiation abilities.
- Ability to work independently and as part of a team.
- Time management skills and ability to prioritize tasks.
- Proactive and results-oriented approach to purchasing and procurement.
- Strong interpersonal skills and vendor relationship management.

**Compensation**:

- **Salary**: Negotiable, based on experience and qualifications.
- **Benefits**: Health insurance, performance-based bonuses, and other company benefits as per policy.

Work Location: In person

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