The Purchase Executive is responsible for sourcing, negotiating, and procuring goods and services required for operations while ensuring quality, cost-effectiveness, and timely delivery.
Key Responsibilities:
1. Procurement Operations
- Source and purchase materials, products, and services as per company requirements.
- Ensure timely availability of all items to avoid operational disruptions.
- Prepare and process purchase orders.
- Maintain proper documentation of all procurement activities.
2. Vendor Management
- Identify and evaluate potential suppliers.
- Negotiate pricing, terms, and contracts with vendors.
- Maintain strong relationships with suppliers.
- Monitor vendor performance and ensure quality standards.
3. Cost Control
- Compare prices and ensure cost-effective purchasing.
- Monitor market trends to get the best deals.
- Control and reduce procurement costs without compromising quality.
4. Inventory Coordination
- Coordinate with store and operations teams for stock requirements.
- Maintain optimum inventory levels.
- Avoid overstocking or stock shortages.
- Assist in stock audits and inventory control.
5. Compliance & Reporting
- Ensure compliance with company policies and procedures.
- Maintain records of purchases, pricing, and supplier details.
- Prepare reports on purchases, expenses, and savings.
- Coordinate with finance for billing and payments.
Education & Experience:
- Bachelors degree in Commerce, Business Administration, or related field.
- 3-7 years of experience in procurement or purchasing in Hotel or Real Estate Industry.
Skills & Competencies:
- Strong negotiation and communication skills.
- Positive analytical and decision-making abilities.
- Knowledge of procurement processes and vendor management.
- Proficiency in MS Office and inventory systems.
- Attention to detail and organizational skills.
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📌 Executive/Sr. Executive - Purchase - Hospitality Vertical (Gurugram)
🏢 BPTP
📍 Gurugram