Larsen & Toubro

Purchase Executive - CAPEX & Revenue Items

Larsen & Toubro

Chorasi, Gujarat, India · Full Time

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Experience
5+ yrs
Salary
Openings
1
Posted
2 days ago
Work mode
In office
Resume
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Where you'll work

Job description

Job Overview

We are seeking a Purchase Executive specializing in CAPEX and Revenue Items to manage procurement processes effectively in a manufacturing or heavy engineering environment located in Chorasi, Gujarat. This role demands a proactive team player with strong leadership, communication, and coordination skills to handle service-related transactions and procurement operations.

Key Responsibilities

  • Oversee the end-to-end ordering process considering vendor capabilities, capacity, and strategic factors.
  • Manage CAPEX and revenue item transactions with precision and accountability.
  • Collaborate efficiently with suppliers and internal stakeholders to maintain smooth procurement flows.
  • Issue Requests for Quotations (RFQs) including all technical documents from design, quality, and user departments to suppliers.
  • Evaluate supplier offers and prepare comprehensive comparative statements.
  • Lead negotiations with suppliers to optimize cost and terms.
  • Obtain necessary approvals and release Purchase Orders following the approval matrix.
  • Coordinate follow-ups with suppliers post-order release and ensure timely material delivery after quality and user clearance at the factory.
  • Maintain liaison between suppliers and internal users to streamline communications and resolve queries.
  • Track all Purchase Requisitions systematically for procurement planning.
  • Address invoice discrepancies and prepare documentation for timely payment release.
  • Maintain strong knowledge of taxation, labor laws, and related compliance requirements.
  • Use SAP modules extensively, particularly Materials Management (MM) and Finance, to support procurement and financial tracking.
  • Apply technical expertise on systems and ISO/IMS standards to ensure quality and process compliance.
  • Employ strategic approaches, including value engineering and negotiations, to meet cost reduction goals.

Candidate Profile

  • Minimum 5 years of relevant experience in service-related procurement transactions, preferably within manufacturing, heavy engineering, or power sectors.
  • Excellent communication and leadership capabilities to coordinate and motivate teams effectively.
  • Hands-on experience with SAP MM and Finance modules.
  • In-depth understanding of taxation, labor laws, and ISO/IMS systems.

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