Purchase Officer

Job Title – Purchase Officer

The Purchase Officer is responsible for sourcing goods and services, managing vendor relationships, negotiating contracts, and ensuring the cost-effective and timely procurement of materials in line with the organization’s requirements. The role requires a detail-oriented and strategic thinker who can manage the entire procurement lifecycle.

Key Responsibilities:

  • Sourcing & Procurement:
    • Identify and evaluate potential suppliers based on price, quality, and delivery speed.
    • Request and review quotations, proposals, and bids.
    • Select vendors and negotiate contracts, terms, and conditions.
  • Vendor Management:
    • Maintain relationships with key suppliers to ensure quality of goods and timely delivery.
    • Evaluate vendor performance and resolve disputes or issues promptly.
    • Develop alternative sources of supply in case of supply disruptions
  • Purchasing Operations:
    • Prepare purchase orders and ensure proper documentation is maintained.
    • Monitor the status of open orders and expedite delivery when necessary.
    • Coordinate with internal departments to forecast demand and ensure adequate supply.
  • Compliance & Reporting:
    • Ensure procurement activities comply with company policies and regulations.
    • Maintain accurate procurement records and prepare periodic reports.
    • Conduct regular market research to stay updated on industry trends and pricing.
  • Cost Control:
    • Continuously seek opportunities to reduce procurement costs without compromising quality.
    • Analyze historical purchasing data to identify cost-saving opportunities.

Desired Requirements:

  • Preferably a Commerce graduate
  • 7-10 years of proven work experience as a Purchasing Officer or similar role in Construction / Infrastructure-based organization
  • Good knowledge of vendor sourcing practices (researching, evaluating and liaising with vendors)
  • Understanding of supply chain procedures as well as particular market
  • Good analytical skills, with the ability to create financial reports and conduct cost analyses and negotiation skills
  • Good communication and interpersonal
  • Eager to learn, adaptable and flexible, willing to work with and through others