Purchase Executive

1 - 2 years

1.0 - 2.0 Lacs P.A.

Hyderabad

Posted:2 months ago| Platform: Naukri logo

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Skills Required

Comparative AnalysisMS OfficeWork OrderPurchase RequisitionVendor NegotiationPurchase OrderVendor ManagementPrice NegotiationPO

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Description : We are looking for a highly motivated and detail-oriented Purchase Executive with 1-2 years of experience in the construction industry to join our dynamic team. The ideal candidate will be responsible for handling the procurement process, vendor management, and ensuring timely and cost-effective purchasing of materials and services required for construction projects. Key Responsibilities : Vendor Management : Build and maintain relationships with existing and new vendors, ensuring the best quality and competitive pricing for materials and services. Comparative Statements : Prepare and analyze comparative statements for vendor quotations to ensure cost efficiency and value for money. Purchase Orders : Issue and track purchase orders, ensuring timely delivery of materials as per project requirements. Negotiation : Negotiate with suppliers and vendors for better terms, discounts, and delivery timelines to optimize cost and quality. Inventory Management : Coordinate with the team to ensure proper inventory management, keeping track of material usage and stock levels. Market Research : Stay updated with the latest market trends and suppliers to source materials at competitive rates. Documentation : Maintain accurate records of purchases, vendor communications, and procurement-related documentation. Coordination : Work closely with the project team to understand material requirements and assist in the timely availability of materials. Compliance : Ensure all procurement activities comply with company policies and industry regulations. Skills & Qualifications : Experience : 1-2 years of experience in procurement or purchasing, preferably within the construction industry. Knowledge : Strong understanding of vendor management, procurement processes, and construction materials. Skills : Vendor management and negotiation skills Strong ability to create and analyze comparative statements Proficiency in creating and managing purchase orders Good communication and interpersonal skills Strong attention to detail and organizational skills Ability to work under pressure and meet deadlines Software : Knowledge of procurement software, MS Office (Excel, Word, etc.), and basic ERP systems. Preferred : Bachelor's degree in Business Administration , Supply Chain Management , Engineering , or related fields. Knowledge of construction materials and industry standards.

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