Procurement Manager

Company: Natural Power Asia Pvt. Ltd.
Location: Banjara Hills, Hyderabad
Position : Procurement Manager
Experience: 2 - 7+ Years

Job Summary:

The Procurement Manager will be responsible for overseeing the entire purchasing process for the company's projects, with a strong focus on solar energy. This role is crucial for ensuring that all goods, materials, and services are acquired at the best possible cost, quality, and in a timely manner. The ideal candidate will have strong negotiation skills, a strategic mindset, and the ability to manage supplier relationships effectively.

Key Responsibilities:

• Strategic Sourcing and Planning:
• Develop and implement strategic procurement plans and strategies that align with the company's business goals and project requirements.
• Conduct market research to identify potential suppliers, evaluate their offerings, and stay updated on industry trends and pricing.
• Identify and implement opportunities for cost savings and efficiency improvements in the procurement process.
• Supplier and Vendor Management:
• Source, evaluate, and select suppliers and vendors based on quality, cost, and reliability.
• Negotiate contracts, terms, and pricing to secure the most favorable agreements.
• Build and maintain strong, long-term relationships with key suppliers and vendors.
• Monitor and evaluate supplier performance to ensure compliance with contracts and quality standards.
• Procurement Operations:
• Manage the end-to-end procurement process, from requisition to purchase order, delivery, and invoice approval.
• Collaborate with internal teams (e.g., engineering, project management, finance) to understand their needs and ensure timely material and service delivery for projects.
• Oversee the management of procurement budgets and track expenditures to ensure cost control.
• Maintain accurate records of all procurement activities, contracts, and inventory levels.
• Compliance and Risk Management:
• Ensure all procurement activities adhere to company policies, ethical standards, and legal regulations.
• Identify potential supply chain risks and develop mitigation strategies to ensure project continuity.
• Contribute to the security and sustainability of essential products and services.
• Team Leadership:
• Lead, mentor, and guide a team of procurement professionals (if applicable).
• Promote a collaborative environment and provide guidance to ensure all team members are aligned with departmental and company objectives.

Required Skills and Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or a related field.
• 2-7+ years of experience in procurement, supply chain management, or a similar role, preferably within the solar, construction, or a related engineering industry.
• Proven expertise in strategic sourcing, contract negotiation, and vendor management.
• Strong analytical skills with the ability to analyze market trends, cost data, and supplier performance.
• Proficiency with ERP systems and procurement software.
• Excellent communication, negotiation, and interpersonal skills.
• A proactive, results-oriented mindset with the ability to manage multiple priorities and deadlines.
• Strong leadership and team management abilities.
• Knowledge of health, safety, and environmental regulations is a plus.

Job Type: Full-time

Pay: ₹25,591.55 - ₹35,832.18 per month

Work Location: In person