Senior Purchase Executives

at Lansum Properties

Senior Purchase Executives

Lansum Properties

Company

Home

Senior Purchase Executives

at Lansum Properties

Posted by Dasari SarveswaraRao

8 - 15 yrs

₹3L - ₹7L / yr

Hyderabad

Skills

Purchase orders

Vendor Management

Job Description:

The Purchase Manager will lead and oversee the procurement process for our real estate and construction projects. The ideal candidate should possess 8-15 years of procurement experience, with a strong focus on the construction and materials industry. We offer a competitive salary reflective of industry standards.

Responsibilities:

Procurement Planning:

· Collaborate with project managers to comprehend procurement requirements.

· Gain a thorough understanding of the requirements and technical requirements of the product or service.

· Develop procurement plans for timely and cost-effective material, equipment, and service procurement.

· Conduct market research to identify potential suppliers and maintain a robust supplier database.

Supplier Management:

· Evaluate suppliers based on quality, reliability, and cost-effectiveness.

· Negotiate and manage supplier contracts.

· Monitor supplier performance, resolving any issues promptly.

· Cultivate strong relationships with suppliers for material and service availability.

· Updating of supplier database with the latest entrants and the evolving technologies relevant to the industry

Purchase Order Management:

· Review and convert purchase requisitions into accurate and complete purchase orders.

· Monitor and track purchase orders to ensure on-time delivery.

· Coordinate with project teams and suppliers to resolve delivery or quality issues.

Cost Management:

· Analyze market trends, prices, and supplier performance for cost-saving opportunities.

· Implement cost control measures without compromising quality.

· Conduct periodic audits for compliance with procurement policies.

· Analyze every material or product to ensure the pricing is appropriate for the product procured.

Inventory Management:

· Manage inventory levels for optimal stock availability.

· Coordinate with warehouse and project teams to track and reconcile inventory.

· Implement inventory control measures to minimize stock-outs and excess inventory.

Compliance and Documentation:

· Ensure compliance with company policies, procurement regulations, and applicable laws.

· Maintain accurate procurement records and documentation.

· Prepare reports and provide updates on procurement activities to management.

Qualifications:

· 8 - 15 years of procurement experience in the real estate or construction industry.

· Residential purchase experience is essential.

· Strong Proficiency in MS Office (Excel, Word).

· Experience in preparing MIS reports as per management requirements.

· Strong knowledge of procurement processes, vendor management, and supply chain management.

· Excellent negotiation and communication skills.

· Proficient in procurement software (ERP) and other relevant tools.

· BE, BTech or Master's degree in Business Administration, Supply Chain Management, or a related field (preferred).

· Good Analytical skills to review the quotations and understand the intricacies.

· Financial acumen to grasp the impact of procurement decisions on the overall budget.

· Strategic thinking to develop and implement cost-effective procurement plans that align with the organization's goals.

· Maintaining ethical standards in procurement practices ensures transparency, fairness, and integrity, which is crucial for long-term success and cost management.

· Being adaptable to changes in the market, industry regulations, or organizational priorities allows for agility in adjusting procurement strategies for optimal cost management.

· Good understanding on National Building Code (NBC) of construction