Purchase Executive

VacancyUploadedOn:04/07/24
VacancyUploadedByRohini
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Responsibilities:
Sourcing and Supplier Management: Identify potential suppliers, conduct market research, and evaluate proposals to select reliable vendors offering competitive prices and high-quality products/services.
Purchase Orders: Prepare and process purchase orders for materials, equipment, and services, ensuring accuracy, completeness, and timely delivery.
Price Negotiation: Negotiate favourable terms and pricing with suppliers to achieve cost savings while maintaining product quality and delivery timelines.
Inventory Control: Monitor stock levels of essential materials and equipment, and coordinate with inventory management to avoid stockouts and overstock situations.
Vendor Performance: Evaluate vendor performance regularly based on quality, delivery, and pricing, and address any issues or concerns promptly.
Contract Management: Review and manage contracts with suppliers to secure appropriate terms, conditions, and service agreements.
Quality Assurance: Collaborate with the quality control team to ensure purchased materials meet required standards and specifications.
Documentation: Maintain comprehensive and accurate records of purchasing activities, including purchase orders, receipts, and invoices.
Budget Compliance: Work closely with the finance department to ensure purchases align with budgetary constraints and cost-control objectives.
Market Research: Stay updated with industry trends, new products, and market conditions to make informed procurement decisions.
Compliance: Adhere to company policies, industry regulations, and ethical procurement practices in all purchasing activities.
Risk Management: Identify and mitigate potential risks in the supply chain, such as supply disruptions, pricing fluctuations, and geopolitical factors.

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Skills:
Education: Bachelor's degree in Supply Chain Management, Business Administration, or a related field. A master's degree or relevant certifications in procurement is a plus.
Experience: Proven experience as a Purchase Executive or a similar role in the civil and construction industries, with a strong understanding of procurement processes.
Industry Knowledge: Sound knowledge of procurement principles, sourcing strategies, and best practices in the civil and construction sectors.
Negotiation Skills: Excellent negotiation and communication skills to secure favourable terms and agreements with suppliers.
Attention to Detail: Strong attention to detail to ensure accurate and error-free processing of purchase orders and documentation.
Time Management: Ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
Computer Proficiency: Proficient in using procurement software and Microsoft Office Suite.
Team Player: Collaborative and willing to work as part of a team to achieve shared goals

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Salary will be negotiable as per candidates experience & knowledge
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