Purchase Executive - construction (225-905)

The Purchase Executive in the construction industry plays a critical role in managing and overseeing the procurement of materials, equipment, and services necessary for construction projects. They are responsible for ensuring that all purchases align with project budgets, timelines, and quality standards. The Purchase Executive evaluates supplier contracts, negotiates favorable terms, and builds strong relationships with vendors. They must stay updated on market trends to make informed purchasing decisions and mitigate risks related to pricing or material availability. Attention to detail, analytical skills, and the ability to work under pressure are essential for success in this role. The Purchase Executive ensures that the acquisition process is efficient and cost-effective, contributing to the smooth execution of construction activities.

Responsibilities

• Identify and select suppliers to procure materials, equipment, and services as needed.
• Negotiate contracts, terms, and pricing with vendors to secure favorable deals.
• Prepare and process purchase orders following organizational policies and procedures.
• Ensure timely delivery of materials and services to meet construction project deadlines.
• Monitor supplier performance, addressing any issues or discrepancies that arise.
• Research and stay informed about market trends, supply chain dynamics, and pricing.
• Maintain accurate records of purchases, pricing, and other essential data for audits.
• Collaborate with project managers to forecast material requirements and budget estimates.
• Develop and implement strategies to optimize procurement processes and cost-efficiency.
• Evaluate suppliers based on quality, price, and delivery speed to ensure optimal choices.
• Work cross-functionally with finance and construction teams to ensure budget alignment.
• Conduct risk assessments related to supplier financial stability and market conditions.

Requirements

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• Minimum of 3 years of experience as a Purchase Executive in the construction industry.
• Strong negotiation skills and experience in vendor relationship management.
• Proficiency in procurement software and Microsoft Office Suite is required.
• Excellent analytical and problem-solving abilities to evaluate complex data.
• Thorough knowledge of construction materials and industry-specific procurement practices.
• Ability to work effectively in a fast-paced environment and manage multiple priorities.