The Senior Purchase Executive is responsible for managing and overseeing the procurement process for building materials, ensuring quality, cost-effectiveness, and timely supply. The role includes supplier management, negotiating contracts, and ensuring that materials are purchased in line with the company's requirements.
Key Responsibilities:
Procurement of Materials:
Source and procure building materials like cement, steel, aggregates, electrical items, plumbing items, tiles, etc.
Ensure that materials are of high quality and meet project specifications.
Maintain optimal stock levels and ensure timely supply of materials to meet project deadlines.
Vendor Management:
Develop and maintain strong relationships with suppliers and vendors.
Evaluate vendor performance and negotiate terms, contracts, and agreements for best pricing and quality.
Identify new suppliers and alternative products to improve cost-efficiency and reduce dependency on single sources.
Negotiation:
Negotiate prices, payment terms, and delivery schedules with vendors to ensure the best value for the company.
Resolve any conflicts with suppliers, such as delivery delays or defective goods, and ensure continuity of supply.
Inventory & Stock Management:
Monitor stock levels and reorder supplies when necessary, ensuring no shortage at critical project stages.
Ensure proper documentation and management of material receipts, issues, and stock movement.
Budget & Cost Control:
Work within the assigned budgets and strive to reduce procurement costs while maintaining quality.
Analyze market trends and pricing to forecast procurement needs and adjust strategies accordingly.
Compliance:
Ensure that all purchasing activities comply with company policies and legal regulations.
Maintain accurate records of purchases, pricing, and contracts for audits and reporting purposes.
Coordination with Project Teams:
Collaborate with project managers, engineers, and site supervisors to understand material requirements and project timelines.
Provide regular updates on material availability and delivery schedules to project teams.
Reporting:
Prepare and present procurement reports, including cost analyses, supplier performance, and stock levels.
Keep track of all purchase orders, receipts, and invoices for internal and external audits.
