Purchase Executive

Role & responsibilities

• Handle day-to-day purchasing activities as per project and company requirements.
• Source materials from approved and new vendors.
• Obtain and compare quotations from multiple suppliers.
• Negotiate prices, payment terms, delivery schedules, and other commercial terms.
• Prepare and release Purchase Orders (POs) after proper approval.
• Coordinate with vendors for timely delivery of materials.
• Follow up on pending orders and maintain delivery schedules.
• Coordinate with the Project, Stores, Accounts, and Management teams regarding material requirements.
• Verify material specifications, quantity, quality, and rates before placing orders.
• Maintain purchase records, quotations, POs, invoices, and vendor documents.
• Develop and maintain good relationships with suppliers and vendors.
• Identify alternative suppliers and cost-effective procurement options.
• Monitor market prices and support cost-saving initiatives.
• Resolve issues related to shortages, damaged materials, incorrect supplies, and delayed deliveries.
• Ensure procurement is completed within project timelines and approved budgets.
• Preferred Knowledge