Purchase Executive - construction (225-729)

The Purchase Executive in the construction industry plays a vital role in managing the procurement of materials, equipment, and services essential for ensuring smooth construction operations. This professional is primarily responsible for sourcing quality products at the most competitive prices and arranging timely delivery to maintain the workflow and project schedules. Their critical thinking and negotiation skills aid in forming and maintaining productive relationships with suppliers and vendors. A deep understanding of the construction market and the ability to forecast future trends are also crucial for this role. The Purchase Executive works closely with the project management and site teams to align procurement plans with project requirements, enabling efficient and cost-effective construction endeavors.

Responsibilities

• Identify industry trends and new suppliers to improve procurement efficiency.
• Analyze market and delivery systems to assess present and future material availability.
• Negotiate contracts, pricing, and terms to secure favorable deals with suppliers.
• Monitor supplier performance to ensure that they meet quality and delivery standards.
• Coordinate with project managers to align materials supply with project needs.
• Manage the documentation and record-keeping of all purchased goods and contracts.
• Ensure compliance with legal regulations and company policies in purchasing processes.
• Develop and implement purchasing strategies that align with company objectives.
• Maintain relationships with existing suppliers and seek new vendor partnerships.
• Conduct cost-benefit analysis and vendor performance reviews to optimize procurement.
• Resolve issues related to delivery and quality promptly to maintain project timelines.
• Prepare and present reports on purchasing activities to senior management.

Requirements

• Bachelor's degree in supply chain management, business, or a related field.
• A minimum of 3 years of experience in procurement within the construction industry.
• Demonstrated ability to negotiate costing and contractual terms effectively.
• Strong analytical skills and the ability to forecast industry trends.
• In-depth knowledge of construction materials, equipment, and sourcing strategies.
• Excellent communication and relationship management skills are essential.
• Proficiency in procurement software and Microsoft Office suite applications.