Purchase Executive

Company Overview

Vanaalaya Properties Private Limited, a part of Merestone Properties Private Limited, is a prominent property development firm located in Coimbatore, Tamil Nadu. The company specializes in premium villas, residential apartments, and commercial properties, emphasizing high-quality projects achieved through strategic land acquisition, meticulous planning, and customer-oriented development.

Role Summary

The Purchase Executive will manage daily purchasing tasks including vendor communication, quotation comparison, raising purchase orders, tracking material deliveries, bill verification, and maintaining organized purchase documentation. This role requires collaboration across project teams, stores, accounting, and senior management.

Responsibilities

• Gather purchase requirements from various departments including project, site, and office teams.
• Solicit and compare supplier quotations, preparing comparison summaries.
• Liaise with vendors to discuss pricing, quality, stock availability, and delivery schedules.
• Negotiate pricing and commercial terms to secure competitive deals.
• Draft Purchase Orders and manage approval workflows.
• Monitor and follow up to ensure timely delivery from suppliers.
• Coordinate procurement processes with site, stores, accounts, and other departments.
• Verify supplier invoices and supporting documents for accuracy.
• Maintain vendor records, quotations, purchase orders, and tracking systems.
• Keep track of pending orders and delivery timelines.
• Facilitate vendor development initiatives and foster strong supplier relationships.
• Maintain organized purchase documentation including project-wise purchase records.
• Support cost control measures and assist in continual process improvements related to procurement.

Qualifications and Experience

• Graduate degree or Diploma in Commerce or a related field.
• 2 to 5 years of experience in purchase or procurement functions.
• Preference for candidates with background in Real Estate or Construction industries.
• Proficient in MS Excel and familiar with purchase documentation practices.
• Knowledge of ERP systems or Tally software is advantageous.
• Strong skills in vendor coordination and negotiation.
• Effective communication and documentation capabilities.
• Attention to detail with excellent follow-up abilities.
• Flexibility to coordinate with project or site locations as needed.

Compensation

Monthly salary ranging between ₹13,000 and ₹20,000.