Procurement Executive

Job Description

The Procurement Executive in the residential field will be responsible for sourcing, negotiating, and procuring materials, equipment, and services needed for residential construction and development projects. This role ensures the timely and cost-effective acquisition of quality supplies, managing vendor relationships, and ensuring compliance with industry standards and regulations. Key Responsibilities: Supplier Management: Identify and engage with suppliers and vendors for materials, tools, and services required for residential construction projects. Sourcing & Procurement: Research and source products that meet the project\u2019s specifications, quality standards, and budgetary constraints. Cost Management: Negotiate pricing and terms with suppliers to secure the best value for the company while maintaining project budgets. Inventory Control: Maintain accurate records of stock levels and ensure timely procurement of items to avoid delays in construction timelines. Vendor Relationships: Build and maintain strong, professional relationships with suppliers, ensuring reliable and efficient service. Contract Management: Prepare and review procurement contracts and purchase orders, ensuring compliance with project requirements and company policies. Budget Monitoring: Monitor procurement costs and assist in managing procurement-related budgets to ensure financial efficiency. Quality Assurance: Ensure all procured items meet the quality standards required for residential construction, and follow up on returns or exchanges if needed. Logistics Coordination: Coordinate the timely delivery of materials and supplies to ensure that construction schedules are adhered to. Compliance & Documentation: Ensure that all procurement activities comply with relevant laws, regulations, and internal company policies. Maintain clear documentation for auditing and reporting purposes. Market Research: Stay updated on market trends, new materials, and cost-effective procurement strategies. Qualifications: Bachelor\u2019s degree in Business Administration, Supply Chain Management, Construction Management, or a related field. Proven experience (2+ years) in procurement or supply chain management, preferably in the residential or construction industry. Strong negotiation and communication skills. Knowledge of procurement software and tools. Ability to manage multiple tasks and prioritize effectively in a fast-paced environment. Familiarity with construction materials, equipment, and service providers. Strong attention to detail and organizational skills. Problem-solving ability and adaptability.