Purchase Executive

2 days ago

Noida, Uttar Pradesh, India Job24by7 Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Overview

We are looking for an experienced
Purchase Executive - Real Estate
with strong expertise in procurement and inventory management within the real estate industry. The role involves handling vendor negotiations, ensuring timely material availability, and overseeing store operations to support smooth project execution.

Key Responsibilities

Purchasing & Procurement:

● Plan and implement effective sourcing and purchasing strategies.

● Negotiate pricing, payment terms, and delivery schedules with vendors for cost efficiency.

● Maintain and update the approved supplier/vendor database.

● Source and evaluate new vendors/suppliers as per project requirements.

● Analyze and track procurement costs and company expenditures.

● Prepare and present MIS reports to management.

● Coordinate with the accounts team for bill processing and vendor payments.

Stores & Inventory Management:

● Oversee inventory control, stock management, and timely issuance of materials.

● Ensure accurate record-keeping of material inward and outward movement.

● Conduct regular stock audits to minimize discrepancies.

● Monitor stock levels and raise purchase requisitions as required.

● Coordinate with project sites for material delivery and availability.

Qualifications & Experience

● Degree/Diploma in Material Management / Supply Chain Management.

● 3–6 years of relevant experience in the real estate industry.

Skills Required

● Strong negotiation and vendor management skills.

● Good understanding of procurement, contracts, and inventory systems.

● Proficiency in MS Office & inventory management tools.

● Excellent analytical, coordination, and leadership abilities.

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