Senior Purchase Executive

Job Description of Executive/Sr.ExecutivePurchase forNestcon Shelters (P)Ltd.

The Purchase Executive will be responsible for managing and overseeing all aspects of the procurement process for our real estate projects. The ideal candidate should have a minimum of 6-8 years of experience in procurement, preferably in the real estate or construction industry. The salary for this position will be at par with the industry standards.

Responsibilities:

Procurement Planning

• Collaborate with project managers and other stakeholders to understand procurement requirements.
• Develop procurement plans and strategies to ensure timely and cost-effective procurement of materials, equipment, and services.
• Conduct market research to identify potential suppliers and maintain a supplier database.

Supplier Management

• Evaluate and select suppliers based on their quality, reliability, and cost-effectiveness.
• Negotiate and manage supplier contracts and agreements.
• Monitor supplier performance and resolve any issues or disputes that may arise.
• Maintain strong relationships with suppliers to ensure the availability of materials and services.

Purchase Order Management

• Review purchase requisitions and convert them into purchase orders.
• Ensure accuracy and completeness of purchase orders, including specifications, quantities, and delivery timelines.
• Monitor and track purchase orders to ensure on-time delivery.
• Coordinate with project teams and suppliers to resolve any delivery or quality issues.

Cost Management

• Monitor and analyze market trends, prices, and supplier performance to identify cost-saving opportunities.
• Implement cost control measures to optimize procurement spend without compromising quality.
• Conduct periodic audits to ensure compliance with procurement policies and procedures.

Inventory Management

• Manage inventory levels and ensure optimal stock availability.
• Coordinate with warehouse and project teams to track and reconcile inventory.
• Implement inventory control measures to minimize stock-outs and excess inventory.

Compliance and Documentation

• Ensure compliance with company policies, procurement regulations, and applicable laws.
• Maintain accurate procurement records and documentation.
• Prepare reports and provide updates on procurement activities to management.

Qualifications

• Minimum of 6-8 years of experience in procurement or purchasing roles, preferably in the real estate or construction industry.
• Strong knowledge of procurement processes, vendor management, and supply chain management.
• Excellent negotiation and communication skills.
• Ability to analyze market trends and supplier performance.
• Proficient in using procurement software and tools.
• Strong organizational and time management skills.
• Attention to detail and ability to work under pressure.
• Bachelor's or Master's degree in Business Administration, Supply Chain Management, or a related field (preferred).