Purchase Executive
2 days ago
Role objective - The Purchase Executive will report to the Purchase Officer and support the purchasing team to achieve set targets. The role will have a clear focus, supporting the procurement function to help achieve objectives required to aid delivery of a value for money supply base for the organization.
Job Responsibilities:
- Proper synergy and coordination with all the departments concerned with respect to purchases.
- Maintain updated records of purchased products, delivery information, and invoices.
- Monitor stock levels and place orders as needed.
- Timely report for any discrepancies.
- Review of BOQ in coordination with stores to understand requirements.
- Timely payment of suppliers and subcontractors.
- Ensuring that all proper authorizations are available.
- Coordinating with Purchase Manager and other officials for the payment and release of documents and opening of L/C.
Vendor Development:
- Research potential vendors.
- Negotiate contract terms of agreement and pricing.
- Review quality of purchased products.
- Attend trade shows and exhibitions to stay up-to-date with industry trends.
- Arranging and circulating proper samples in consultation with Purchase Manager.
- Keeping information of each supplier and the track record of their supplies.
- Getting advance samples and carrying out the quality checking as per prescribed parameters.
Analysis:
- Compare and evaluate offers from suppliers.
- Track orders and ensure timely delivery.
- Enter order details (e.g., vendors, quantities, prices) into internal databases.
- Prepare reports on purchases, including cost analyses.
Import & Export:
- Handling vendor management assessment and comparison.
- Information on consignment movement and arrival.
- Arrange for all documents in advance related to custom documentation and other formalities for import/export of goods.
- Ensure that proper insurance is covered.
Job Requirement:
- Proven work experience as a Purchasing Executive.
- Must come from an engineering background with experience in purchase and supply chain procedures.
- Strong written and verbal communication skills.
- Good knowledge of vendor sourcing practices (researching, evaluating, and liaising with vendors).
- Hands-on experience with purchasing software and ERP.
- Negotiation skills.
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