Vashishta Systems jobs - Purchase Executive

• Minimum 1 year experience as a Purchase Executive or in a similar procurement role in the MEP industry.

Key Responsibilities:

• Sourcing and Vendor Management:
• Identify and evaluate potential suppliers for MEP materials and equipment.
• Negotiate terms and conditions with vendors to secure favorable agreements.
• Maintain strong relationships with existing suppliers and explore new partnerships to enhance the procurement process.
• Material and Equipment Procurement:
• Coordinate with project managers and engineers to understand material and equipment requirements.
• Source, purchase, and expedite delivery of MEP materials and equipment in adherence to project timelines.
• Ensure the quality and compliance of procured items with project specifications and industry standards.
• Cost Negotiation and Budget Management:
• Negotiate prices, terms, and payment conditions to achieve cost savings without compromising quality.
• Work closely with the finance department to manage and control the procurement budget.
• Documentation and Record Keeping:
• Maintain accurate records of all procurement activities, including purchase orders, contracts, and supplier agreements.
• Ensure compliance with company policies, procedures, and regulatory requirements.
• Quality Assurance:
• Collaborate with the quality control team to ensure that procured materials and equipment meet the required standards.
• Address any quality issues with suppliers promptly and effectively.
• Market Research:
• Stay informed about market trends, new products, and advancements in MEP materials and equipment.
• Provide recommendations for process improvements and cost-saving opportunities.
• Logistics and Delivery Coordination:
• Work closely with logistics and warehouse teams to ensure the timely and efficient delivery of materials and equipment to project sites.
• Monitor shipping schedules and address any delays or issues that may arise.
• Risk Management:
• Identify potential risks in the procurement process and develop strategies to mitigate them.
• Anticipate and resolve supply chain disruptions to minimize project impact.

Qualifications and Skills:

• Bachelor's degree in any field.
• Strong negotiation, communication, and interpersonal skills.
• In-depth knowledge of MEP materials, equipment, and industry suppliers.
• Familiarity with relevant regulations and compliance standards.
• Proficient in using procurement software and MS Office applications.