Purchase Executive - Delhi, Delhi, India - designstudio

Description

As a Purchase Executive for an Interior Fitout Company, your primary responsibility is to oversee the procurement process of materials, products, and services required for interior fit-out projects.

You will collaborate closely with project managers, designers, and suppliers to ensure timely and cost-effective procurement while maintaining quality standards.

• Procurement Planning:
• Collaborate with project managers and designers to understand material requirements for upcoming projects.
• Develop procurement plans based on project timelines, budget constraints, and quality requirements.
• Research and identify potential suppliers, vendors, and subcontractors.
• Supplier Management:
• Evaluate and select suppliers based on factors such as price, quality, reliability, and delivery capabilities.
• Negotiate contracts, terms, and pricing agreements with suppliers to ensure favorable terms for the company.
• Maintain strong relationships with suppliers, addressing any issues promptly and ensuring timely delivery of materials.
• Purchase Order Processing:
• Generate purchase orders based on approved requisitions and procurement plans.
• Ensure accuracy and completeness of purchase orders, including specifications, quantities, and delivery schedules.
• Track and monitor the status of purchase orders, coordinating with suppliers to expedite delivery when necessary.
• Inventory Management:
• Monitor inventory levels of critical materials and products to prevent stockouts or excess inventory.
• Implement inventory control measures to optimize stock levels and minimize carrying costs.
• Coordinate with warehouse personnel to ensure accurate receipt, storage, and issuance of materials.
• Cost Control and Budgeting:
• Monitor procurement expenses against budgeted costs, identifying and addressing any variances.
• Implement costsaving initiatives such as bulk purchasing, vendor consolidation, and negotiation of better terms.
• Prepare reports and analyses to provide insights into procurement performance and expenditure trends.
• Quality Assurance:
• Collaborate with the quality control team to ensure that purchased materials meet specified quality standards.
• Conduct supplier evaluations and audits to assess compliance with quality requirements.
• Take corrective actions as necessary to address quality issues and ensure customer satisfaction.
• Compliance and Documentation:
• Ensure compliance with company policies, procedures, and legal requirements related to procurement activities.
• Maintain accurate procurement records, including contracts, purchase orders, invoices, and correspondence.
• Assist in the preparation of procurement documentation for audits and regulatory compliance.

• Bachelor's degree in business administration, supply chain management, or a related field.
• Proven experience as a purchase executive or similar role, preferably in the interior fitout or construction industry.
• Strong negotiation, communication, and interpersonal skills.
• Proficiency in procurement software and Microsoft Office Suite.
• Knowledge of procurement best practices, sourcing strategies, and supply chain management principles.
• Attention to detail and ability to multitask in a fastpaced environment.
• Analytical mindset with the ability to identify costsaving opportunities and optimize procurement processes.

This job description outlines the key responsibilities, qualifications, and skills required for the role of Purchase Executive in an Interior Fitout Company.

• Day shift

• Bachelor's (preferred)