Role Overview
The Purchase Executive is responsible for the end-to-end procurement of construction materials, equipment, and vendor-supplied services required for real estate development projects. This role ensures timely sourcing, competitive pricing, quality compliance, and efficient supply chain operations in coordination with project, engineering, and finance teams.
Key Responsibilities
1. Vendor Management
- Identify, evaluate, and onboard vendors for construction materials such as cement, steel, electrical fittings, plumbing, tiles, glass, and finishing materials.
- Maintain and update an approved vendor database with performance ratings, pricing history, and compliance records.
- Negotiate commercial terms, pricing, payment schedules, and delivery timelines with suppliers.
- Conduct periodic vendor performance reviews and address quality or delivery issues proactively.
2. Material Procurement
- Process purchase requisitions from site engineers and project managers and convert them into purchase orders within approved budgets.
- Obtain and evaluate competitive quotations (minimum three bids per category) to ensure cost efficiency.
- Coordinate with the stores and logistics team to track material deliveries and resolve discrepancies.
- Ensure all materials sourced meet project specifications, quality standards, and relevant BIS/ISO certifications.
3. Contract & Documentation
- Draft, review, and manage procurement contracts, rate contracts, and annual purchase agreements.
- Maintain accurate records of purchase orders, invoices, delivery challans, and quality inspection reports.
- Ensure compliance with company procurement policies, approval workflows, and statutory requirements.
4. Cost Control & Reporting
- Monitor procurement budgets and flag variances to the Purchase Manager in a timely manner.
- Prepare MIS reports on procurement spend, pending orders, lead times, and vendor performance.
- Identify opportunities for cost reduction through bulk purchasing, rate renegotiation, or alternate sourcing.
5. Cross-functional Coordination
- Liaise with project management, design, accounts, and legal teams to align procurement activities with project schedules.
- Coordinate with the accounts payable team to ensure timely invoice processing and vendor payments.
- Support the stores team in maintaining optimal inventory levels and minimising material wastage.
Pay: ₹18,000.00 - ₹25,000.00 per month
Benefits:
Work Location: In person
