Purchase Executive

5 days ago


Vadodra, India Iconic Electric Power private Limited Full time

**2. Procurement Execution**
- Review project BOQ and technical specifications in coordination with the engineering team.
- Prepare and issue RFQs (Request for Quotation) and analyze vendor quotations.
- Release purchase orders (POs) in line with project requirements and company policies.
- Track order status and ensure on-time delivery of materials.

**3. Coordination with Project & Engineering Teams**
- Work closely with design, project, and site teams to ensure material specifications are met.
- Resolve technical and commercial issues with vendors.
- Support project execution teams by ensuring timely availability of materials at site.

**4. Inventory & Logistics**
- Monitor material movement and maintain minimum stock levels for critical electrical components.
- Coordinate with logistics partners for safe and cost-effective transportation.
- Ensure proper storage, handling, and quality checks at warehouse/site.

**5. Compliance & Documentation**
- Ensure all procurement is in compliance with company policies and statutory requirements (GST, excise, customs, etc.).
- Maintain supplier performance records, price history, and cost comparisons.
- Prepare procurement-related MIS and reports for management review.

**6. Cost Control & Optimization**
- Identify opportunities for cost reduction through bulk buying, alternate sourcing, or improved negotiations.
- Analyze market trends for electrical raw materials (copper, aluminum, steel, etc.).
- Support management in strategic sourcing and long-term rate contracts.

Pay: ₹30,000.00 - ₹40,000.00 per month

Work Location: In person


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