Purchase Executive

1 day ago

Domlur Bengaluru Karnataka, India BCD Group Full time

**Key Responsibilities**:

- **Vendor Sourcing & Management**:

- Identify and evaluate potential suppliers.
- Develop and maintain relationships with reliable vendors.
- Negotiate terms and conditions with suppliers to ensure cost-effective procurement.
- **Procurement Operations**:

- Raise and manage purchase orders.
- Track the status of orders and ensure timely delivery of goods and services.
- Evaluate suppliers based on price, quality, service, support, availability, and reliability.
- **Inventory & Supply Chain Management**:

- Coordinate with inventory and warehouse teams to manage stock levels.
- Ensure that inventory aligns with organizational requirements without overstocking.
- Implement reordering processes to prevent stockouts.
- **Cost Management & Budgeting**:

- Work within the allocated procurement budget.
- Identify cost-saving opportunities without compromising on quality.
- Monitor market trends to forecast future procurement needs and pricing changes.
- **Quality Assurance**:

- Ensure that all purchased products meet the necessary quality standards.
- Collaborate with the quality control team to address any quality-related issues.
- **Documentation & Compliance**:

- Maintain accurate records of purchase orders, invoices, and other documentation.
- Ensure compliance with company policies and legal regulations regarding procurement.
- **Cross-functional Collaboration**:

- Work closely with the finance team to ensure accurate billing and payments.
- Coordinate with internal departments (e.g., production, sales, engineering) to understand their material requirements.
- **Reporting & Analysis**:

- Prepare regular reports on procurement activities, vendor performance, and market conditions.
- Analyze purchasing data to identify trends and opportunities for improvement.

**Qualifications**:

- Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
- Proven experience as a Purchase Executive or similar role.
- Strong negotiation and communication skills.
- Proficiency in procurement software (e.g., SAP, Oracle, etc.) and MS Office.
- Excellent organizational skills with attention to detail.
- Knowledge of supply chain procedures and logistics.

REQUIRED EXPERIENCE OF MINIMUM 3-5 YEARS IN CONSTRUCTION /REAL ESTATE SECTOR IN A SIMILAR PROCUREMENT ROLE

Application Question(s):

- Are you currently at Bangalore ?
- Are you an immediate joiner?
- Are you available for F2F Interview ?

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 3 years (preferred)

Work Location: In person

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