Purchase Executive
5 days ago
Job Summary:
Unique Properties is seeking a highly motivated Purchase Executive with experience in at least 3-year experience Real Estate Developer Organization to join our team at HO.
The Purchase Executive plays a vital role in the efficient operation of the procurement department within a real estate organization. This role involves the acquisition of goods, materials, and services necessary for the company's projects, ensuring cost-effective procurement while maintaining quality and compliance with company policies and industry regulations.
Key Responsibilities:
I] Vendor Management:
· Identify and evaluate potential suppliers and vendors.
· Negotiate favourable terms and agreements with suppliers.
· Maintain and cultivate strong relationships with existing suppliers.
· Monitor vendor performance and address any issues or discrepancies.
II] Procurement:
· Source and purchase materials, equipment, and services required for construction and development projects.
· Conduct market research to identify cost-effective suppliers and products.
· Place purchase orders and ensure timely delivery of materials to meet project timelines.
· Manage and optimize inventory levels to minimize waste and reduce carrying costs.
III] Cost Management:
· Analyse and compare supplier pricing and terms to ensure competitive advantage.
· Implement cost-saving strategies without compromising quality.
· Identify opportunities for volume discounts and cost reductions.
IV] Quality Assurance:
· Ensure that all purchased materials and services meet quality standards and specifications.
· Collaborate with project managers and engineers to define quality requirements.
· Address any quality issues or discrepancies with suppliers promptly.
V] Compliance:
· Ensure compliance with company procurement policies and procedures.
· Stay updated on relevant laws and regulations related to procurement.
· Maintain accurate records of all procurement activities.
VI] Reporting:
· Prepare regular reports on procurement activities, including cost analysis, vendor performance, and inventory management.
· Provide insights and recommendations for process improvements.
VII] Communication:
· Collaborate with various departments, such as project management, finance, and operations, to ensure alignment on procurement needs.
· Communicate effectively with suppliers and internal stakeholders.
Requirements:
· Any Graduation or Bachelor's degree in Business, Supply Chain Management, or a related field.
· Proven experience in procurement or purchasing, preferably in the real estate or construction industry.
· Strong negotiation and vendor management skills.
· Knowledge of procurement regulations and best practices.
· Excellent communication and interpersonal skills.
· Proficiency in using procurement software and Microsoft Office Suite.
· Analytical and problem-solving abilities.
· Detail-oriented and organized.
Job Type: Full-time
Pay: ₹35, ₹45,000.00 per month
Work Location: In person
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