· Sourcing and Supplier Management: Identify potential suppliers, conduct market research, and evaluate proposals to select reliable vendors offering competitive prices and high-quality products/services.
· Purchase Orders: Prepare and process purchase orders for materials, equipment, and services, ensuring accuracy, completeness, and timely delivery.
· Price Negotiation: Negotiate favourable terms and pricing with suppliers to achieve cost savings while maintaining product quality and delivery timelines.
· Inventory Control: Monitor stock levels of essential materials and equipment, and coordinate with inventory management to avoid stock outs and overstock situations.
· Vendor Performance: Evaluate vendor performance regularly based on quality, delivery, and pricing, and address any issues or concerns promptly.
· Contract Management: Review and manage contracts with suppliers to secure appropriate terms, conditions, and service agreements.
· Quality Assurance:
Collaborate with the quality control team to ensure purchased materials meet required standards and specifications.
· Documentation: Maintain comprehensive and accurate records of purchasing activities, including purchase orders, receipts, and invoices.
· Budget Compliance: Work closely with the finance department to ensure purchases align with budgetary constraints and cost-control objectives.
· Market Research: Stay updated with industry trends, current products, and market conditions to make informed procurement decisions.
· Compliance: Adhere to company policies, industry regulations, and ethical procurement practices in all purchasing activities.
· Risk Management: Identify and mitigate potential risks in the supply chain, such as supply disruptions, pricing fluctuations, and geopolitical factors.
Qualification & Requirements:
· Education: Bachelor's degree in Civil
· Experience: Proven experience as a Purchase Executive or a similar role in the civil and construction ind