Sr. Purchase Executive

Responsibilities:

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Supplier Management:

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Identify and evaluate suppliers of construction materials, equipment, and services.

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Meeting with the vendors and handle the negotiations at the best level.

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Addition to the new vendors in the list with the coordination of asst. manager.

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Build and maintain relationships with key vendors.

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Cost Optimization:

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Implement cost-saving strategies through negotiation, bulk purchasing, and seeking competitive pricing.

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Negotiate favourable terms and prices with suppliers to maximize cost savings.

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Monitor and analyse procurement expenses.

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Inventory Control:

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Coordination with Chief engineers to verify the available inventory and future requirements.

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Quality Assurance:

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Ensure purchased materials meet quality standards and collaborate with suppliers to resolve quality issues promptly.

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Maintain clear, timely and transparent communication with vendor in case of rejected material.

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Manage all the documents in all rejected material.

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Timely Procurement:

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Procure materials in a timely manner to support production schedules and project deadlines.

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Contract Management:

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Draft and manage supplier contracts, including terms, conditions, and pricing agreements if they direct deal with vendors.

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Supervision of subordinate during contract drafting with term and conditions negotiation.

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Budget Adherence:

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Operate within the allocated procurement budget and identify cost-saving opportunities.

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Analyse the urgent situations and generate alert to leader in concern of financials.

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Market Research:

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Update self with technical knowledge to understand the new introduced products and current procurements.

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Stay updated on market trends, supplier capabilities, and industry developments to make informed procurement decisions.

Department

Purchase

Designation

Sr. Executive

Reporting To

Manager

Job Type

Full day

Timing

9.30 am to 6.30 pm

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• Maintain analysis report quarterly and submit to leaders.

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➢ Reporting:

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• Generate reports on procurement activities, cost analysis, and supplier performance for management review.

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➢ Risk Mitigation:

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• Identify and mitigate risks related to supply chain disruptions, price fluctuations, and supplier reliability.

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➢ Vendor Evaluation:

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• Regularly assess vendor performance and conduct supplier audits when necessary.

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• Submit the quarterly report to leaders.

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➢ Process Improvement:

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• Continuously improve procurement processes to enhance efficiency and reduce costs.

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• Focus on-time solution and quality outcome form team.

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➢ Team Management:

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• Regular monitoring & care of the team.

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• Provide on-job assistance and identify the lacking area and accelerate the training need to the leaders.

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• Provide timely solution to the team

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➢ Project Coordination:

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• Coordination with project leader for daily operational activities.

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• Meeting with project leader on regular intervals for smooth function of the operations.

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• Disputes handling related to procurements concerns on projects.

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➢ Cost-Benefit Analysis:

• Conduct cost-benefit analyses for procurement decisions to maximize value for the organization.

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➢ ERP & Process Management:

• Accelerate the feedback in case of process improvement analyse while working experience.

Job Specifications:

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• Bachelor of Engineering (B.E) in Civil Engineering or from Real Estate Industry

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• Proven experience as a Purchase Executive or similar role.

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• Strong negotiation and communication skills.

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• Knowledge of procurement software and tools.

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• Minimum 5-7 years as a purchase executive in the real estate industry only.

Job Type: Full-time

Work Location: In person