Procurement Manager

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

• Bachelor’s 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.
• 8-12 years of experience in procurement, with at least 3-5 years in a managerial role.
• Experience in aerospace, drone manufacturing, electronics, or automotive procurement is preferred.

Compensation

Competitive and we are open to discuss.

Job Types: Full-time, Permanent

Pay: Up to ₹600,000.00 per year

Benefits:

• Commuter assistance
• Health insurance
• Life insurance
• Provident Fund

Ability to commute/relocate:

• Gachibowli, Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• What experience you have in sourcing, purchasing, and vendor management ?
• Do you have experience in aerospace, drone manufacturing, electronics, or automotive procurement?
• What is your current salary ?
• What is your expected salary ?

Experience:

• Procurement: 6 years (Required)

Work Location: In person