Procurement Manager

Key ResponsibilitiesProcurement & SourcingPlan and execute procurement of raw materials, components, electronics, mechanical parts, services, and CAPEX Ensure timely availability of materials for production, R&D, projects, and trials Float RFQs, evaluate quotations, and finalise vendors based on cost, quality, and delivery Raise and manage POs / WOs as per approval matrix Vendor Management & NegotiationIdentify, onboard, and develop reliable vendors and MSMEs Lead price negotiations, cost optimisation, and contract finalisation Maintain vendor performance scorecards (quality, delivery, pricing) Resolve vendor disputes and escalations Inventory & Cost ControlCoordinate with Stores and Operations for inventory planning and optimisation Prevent shortages, over-stocking, and production delays Track material consumption and control procurement budgets Support make vs buy and localisation initiatives Compliance & DocumentationEnsure complete procurement documentation: Approved requisitions Quotations & comparisons PO/WO Delivery challans, GRN Invoices and payment coordination Ensure compliance with internal SOPs, audit, and statutory requirements Support internal, statutory, and customer audits Cross-Functional CoordinationWork closely with R&D, Production, Operations, Quality, Finance, and BD Align procurement plans with project timelines and production schedules Support urgent and mission-critical procurements when required Process Improvement & SystemsStrengthen procurement processes, SOPs, and approval workflows Implement ERP / digital procurement tools Drive cost savings, vendor consolidation, and risk mitigation