Procurement Manager

About Marut

Key Responsibilities

Procurement Strategy & Planning:

• Develop and implement

  procurement strategies

  aligned with production and business goals.
• Identify and evaluate

  reliable suppliers

  for raw materials, electronics, mechanical parts, and packaging materials.
• Ensure

  cost-effective purchasing

  while maintaining high-quality standards.

Supplier & Vendor Management:

• Build and maintain

  strong relationships with vendors, suppliers, and manufacturers

  .
• Negotiate

  pricing, contracts, and delivery terms

  to secure the best deals.
• Regularly evaluate vendor

  performance, quality compliance, and service levels

  .

Purchase Order Management:

• Raise, track, and manage

  purchase orders (POs)

  to ensure timely procurement.
• Ensure

  proper documentation and approvals

  for all purchases.
• Coordinate with

  finance and accounts

  for vendor payments and reconciliations.

Inventory & Supply Chain Coordination:

• Monitor

  inventory levels

  and maintain

  optimum stock levels

  to prevent shortages.
• Work closely with

  production and warehouse teams

  to align procurement with manufacturing schedules.
• Implement

  Just-in-Time (JIT) purchasing

  to optimize inventory costs.

Cost Control & Budgeting:

• Analyze

  cost structures and procurement expenses

  to optimize spending.
• Identify

  cost-saving opportunities

  through supplier negotiations and process improvements.
• Maintain

  procurement budgets

  and track expenditures.

Compliance & Quality Assurance:

• Ensure all

  procured materials meet quality, regulatory, and industry standards

  .
• Collaborate with

  quality control teams

  to inspect and approve incoming materials.
• Stay updated with

  import/export regulations, taxes, and compliance policies

  .

Process Optimization & Reporting:

• Develop and maintain

  procurement reports, purchase logs, and supplier databases

  .
• Analyze

  market trends, material price fluctuations, and supply chain risks

  .
• Implement

  ERP-based procurement systems

  for better efficiency.

Knowledge and skill required

• Strong negotiation and contract management skills to handle supplier agreements.

• In-depth knowledge of procurement processes, supply chain management, and vendor relations.

• Understanding of industrial drones, electronics, mechanical parts, and raw material sourcing is a plus.

• Proficiency in ERP systems, procurement software, and inventory management tools.

• Strong problem-solving and analytical skills to optimize cost and delivery efficiency.

• Ability to handle multiple suppliers and manage procurement in a fast-paced environment.

Qualifications

• Bachelors degree in Supply Chain Management, Business Administration, Engineering, or a related field.

• MBA or PG Diploma in Procurement, Logistics, or Supply Chain Management is preferred.

• 5-9 years of experience in procurement, with at least 3 years in a managerial role.

• Experience in aerospace, drone manufacturing, electronics, or automotive procurement is preferred.

Compensation